Perfect shares surge 24.07% after-hours after consortium led by CEO Alice Chang proposes $1.95/share going-private bid, a 44.4% premium.

Perfect Corp. surged 24.07% in after-hours trading following the announcement of a preliminary non-binding "going-private" proposal from a consortium led by CEO Alice Chang and CyberLink. The proposal values the stock at $1.95 per share, a 44.4% premium to its March 17 closing price. The consortium, which owns 53.4% of the company’s shares and 81.2% of voting power, plans to finance the transaction through equity rollover and available cash. The board intends to establish a special committee to evaluate the offer, though no binding agreement exists yet. The significant premium and majority ownership by the proposing parties likely fueled the sharp after-hours rally, as investors priced in potential shareholder value realization.