Ticker LaunchSPAC · Merger completed
Provident Acquisition Corp.
Business combination with Perfect Corp.
Provident Acquisition Corp. is a blank-check company (SPAC) that raised $200M in its initial public offering on Jan 8, 2021, listing on Nasdaq Capital Market. It completed its business combination with Perfect Corp. on Oct 28, 2022; the combined company is Perfect Corp. (PERF). Citigroup led the IPO. Davis Polk advised the SPAC and White & Case advised the underwriters on the IPO.
Perfect Corp., founded in 2015, provides AR and AI software-as-a-service solutions to the beauty and fashion industries. Using facial 3D modeling and AI, it supplies brands with product try-on, facial diagnostics and digital consultation tools.
- Status
- Merger completed
- IPO date
- Jan 8, 2021
- IPO size
- $200M
- IPO exchange
- Nasdaq Capital Market
- Target
- Perfect Corp.
- Announced
- Mar 3, 2022
- Closed
- Oct 28, 2022
- Combined company
- Perfect Corp. (PERF)
- IPO underwriters
- Citigroup
- SPAC counsel (IPO)
- Davis Polk and Maples and Calder
- Underwriters' counsel (IPO)
- White & Case
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Jan 8, 2021
- Deal announcement (8-K) Mar 3, 2022
- Press release
- All filings on EDGAR CIK 1830531
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