Perfect Corp. and Provident Acquisition Corp. have announced the completion of their previously announced business combination.
The listed company resulting from the business combination will be called Perfect Corp. and its shares and warrants will commence trading on the New York Stock Exchange under the ticker symbols “PERF” and “PERF WS."
Alice Chang, founder and CEO of Perfect, commented, “We are thrilled to continue Perfect’s evolution, now as a public company, by reaching this significant milestone. Leveraging our access to the global capital market, we plan to extend our industry coverage from beauty and fashion to tangential sectors, augment our innovative AR and AI SaaS solutions, and empower more enterprises around the world to deliver transformative virtual product try-on experiences to consumers.”
Michael Aw, CEO of Provident, said, “Provident is proud to partner with a company whose unparalleled leadership and vision have driven it to the forefront of today’s beauty and fashion industries. With its innovative AI and AR solutions and strong partnerships with the world’s leading beauty groups, we believe that Perfect is well positioned to continue growing its business and deliver sustainable shareholder returns. We are excited for the opportunities that lie ahead, and we look forward to working with Perfect in the future as a newly-public company.”