$ELAB·8-K

PMGC Holdings Inc. · Mar 10, 4:01 PM ET

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PMGC Holdings Inc. 8-K

Research Summary

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PMGC Holdings Inc. Announces 1-for-6 Reverse Stock Split

What Happened
PMGC Holdings Inc. (Nasdaq: ELAB) filed an 8-K reporting that it filed a Certificate of Amendment on March 4, 2026 to effect a 1-for-6 reverse stock split of its common stock, effective March 10, 2026 at 12:00 a.m. Eastern Time. The common stock began trading on a split-adjusted basis on The Nasdaq Capital Market when the market opened on March 10, 2026; the trading symbol remained "ELAB" and a new CUSIP was assigned.

Key Details

  • Reverse split ratio: 1-for-6 (every six outstanding shares combined into one).
  • Certificate of Amendment filed: March 4, 2026; effective date/time: March 10, 2026 at 12:00 a.m. ET.
  • Authorized shares after amendment: 583,333,334 total — 83,333,334 shares of common stock and 500,000,000 shares of preferred stock; par value remains $0.0001 per share.
  • No fractional shares were issued; holders received one whole share in lieu of any fractional share.
  • The company proportionally adjusted outstanding stock awards, options, reserved shares under its equity incentive plan, outstanding warrants, and the exercise price of outstanding warrants. New CUSIP: 73017P508.

Why It Matters
A reverse stock split reduces the number of outstanding shares and increases the per-share price but does not change the company’s overall market value. The filing shows administrative steps taken to preserve holders’ economic rights (adjustments to awards, options and warrants) and notes the trading symbol stayed the same. Investors should check their brokerage accounts for updated share counts and CUSIP information; the company’s press release (filed as Exhibit 99.1) provides the official notice. No earnings, management changes, or other operational developments were reported in this 8-K.

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