{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-112478","form_type":"8-K","ticker":null,"cik":"0001830531","company_name":"Provident Acquisition Corp.","filed_at":"2022-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.493838+00:00","generated_at":"2026-06-22T22:52:40.371458+00:00","sec_items":["1.01","1.02","2.01","3.01","3.03","5.01","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Provident completes merger with Perfect Corp.; PERF shares start NYSE trading Oct 31","bullets":["Perfect's shares and warrants to trade on NYSE under 'PERF' and 'PERF WS' starting October 31, 2022.","Provident shareholders redeemed 21.65M shares at ~$10.07 each for ~$218M in total.","PIPE investment of $50M (5M shares at $10.00) and FPA investment of $55M (5.5M shares + warrants) closed.","CEO Alice Chang plans to extend AR/AI SaaS into tangential sectors beyond beauty and fashion.","All Provident officers and directors resigned effective immediately before the merger."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-112478","json":"https://secwatch.observer/filing/0001104659-22-112478.json","markdown":"https://secwatch.observer/filing/0001104659-22-112478.md","text":"https://secwatch.observer/filing/0001104659-22-112478.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830531/000110465922112478/0001104659-22-112478-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830531/000110465922112478/tm2227810d9_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T22:52:40.371458+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7a9a7399c5a08be9f490f944a3f16a7347e0943a","claim":"Provident Acquisition Corp. underwent a change of control involving Perfect Corp. (closed 2022-10-28).","evidence_excerpt":"On October 28, 2022 (the “Closing Date”), pursuant to the Business Combination Agreement, (i) Merger Sub 1 merged with and into Provident (the “First Merger”), with Provident surviving the First Merger as a wholly-owned subsidiary of Perfect, and (ii) immediately after the consummation of the First Merger, Provident (as the surviving company of the First Merger) merged with and into Merger Sub 2 (the “Second Merger”), with Merger Sub 2 surviving the Second Merger as a wholly-owned subsidiary of Perfect (the “Business Combination”).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830531/000110465922112478/0001104659-22-112478-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Perfect Corp."},{"label":"Closing","value":"2022-10-28"}],"fact_type":"ma_transaction"},{"claim_id":"09d4e7c13213384da6b1766370568ea03022ffe4","claim":"Provident Acquisition Corp. entered into Assignment, Assumption and Amendment Agreement with Perfect, Provident, and Continental Stock Transfer & Trust Company.","evidence_excerpt":"Immediately prior to the consummation of the Business Combination, Perfect, Provident, and Continental Stock Transfer & Trust Company (“Continental”) entered into an assignment, assumption and amendment agreement (the “Assignment, Assumption and Amendment Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830531/000110465922112478/0001104659-22-112478-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Perfect, Provident, and Continental Stock Transfer & Trust Company"}],"fact_type":"material_agreement"},{"claim_id":"82a7f510518cb6c7c8c50e0cd9b145d133609fda","claim":"Provident Acquisition Corp. terminated Investment Management Trust Agreement with Provident and Continental.","evidence_excerpt":"On the Closing Date, in connection with the consummation of the Business Combination, the following material agreements of Provident terminated in accordance with their terms: (i) certain Investment Management Trust Agreement, dated as of January 7, 2021, by and between Provident and Continental","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830531/000110465922112478/0001104659-22-112478-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"Provident and Continental"}],"fact_type":"material_agreement"},{"claim_id":"b7d320fe60418e63f6541dd5890091d3c0e9c5ab","claim":"Provident Acquisition Corp. entered into Perfect Shareholder Lock-Up Agreement with Perfect, Provident and certain shareholders of Perfect.","evidence_excerpt":"On the Closing Date, Perfect, Provident and certain shareholders of Perfect (the “Perfect Lock-Up Shareholders”) entered into a Lock-Up Agreement (the “Perfect Shareholder Lock-Up Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830531/000110465922112478/0001104659-22-112478-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Perfect, Provident and certain shareholders of Perfect"}],"fact_type":"material_agreement"},{"claim_id":"f9b2a4aebd5b65e570cc4b1f56beee9e8874b6b1","claim":"Provident Acquisition Corp. terminated Administrative Services Agreement with Provident and the Sponsor valued at up to $10,000 per month.","evidence_excerpt":"(ii) certain Administrative Services Agreement, dated as of January 7, 2021, between Provident and the Sponsor, pursuant to which the Sponsor provided Provident with office space, secretarial and administrative services for up to $10,000 per month.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830531/000110465922112478/0001104659-22-112478-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"Provident and the Sponsor"},{"label":"Value","value":"up to $10,000 per month"}],"fact_type":"material_agreement"},{"claim_id":"fb971c1a6a741cbb52ba66437c6e87b0c1c702b2","claim":"Provident Acquisition Corp. entered into Registration Rights Agreement with Perfect, Sponsor and certain shareholders of Perfect.","evidence_excerpt":"On the Closing Date, Perfect, Sponsor and certain shareholders of Perfect entered into a registration rights agreement (the “Registration Rights Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830531/000110465922112478/0001104659-22-112478-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Perfect, Sponsor and certain shareholders of Perfect"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}