2022-10-28 | NYSE:PERF | Press Release | Provident Acquisition Corp - Class A
Summary
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, Chief Executive Officer of Provident, commented, “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. Today, Perfect has a leading market share in helping the world’s top beauty brands execute digital transformation, improve customer engagement, increase purchase conversion, and drive sales growth while maintaining environmental sustainability and fulfilling social responsibilities. Led by Winato Kartono as the Executive Chairman, Michael Aw as the CEO and CFO, and Andre Hoffmann as the President, Provident seeks to complete business combinations with companies headquartered in Asia but with global footprints, proven technologies, and leading market share. These filings may identify and address other important risks and uncertainties that could cause actual events and results to di?er materially from those contained in the forward-looking statements.