other material
confidence high
sentiment positive
materiality 0.50
Carmell rebrands to Longevity Health (XAGE); guides FY25 rev $3-4M; names Vice Chairman
Longevity Health Holdings, Inc.
- Name change to Longevity Health Holdings effective March 5; tickers to XAGE/XAGEW March 10.
- Patrick Sturgeon appointed Vice Chairman; previously CFO and board director since July 2023.
- Combined sales grew 34% in Jan-Feb 2025 vs 2024 post Elevai acquisition.
- Elevai's post-acquisition burn rate reduced >50% via overhead cost synergies.
- FY25 revenue guidance $3-4M; Q2 2025 product launches include hair growth serum, soapless facial cleanser, etc.