Elevai Labs announces 1-for-200 reverse stock split to meet Nasdaq $1.00 bid price requirement

PMGC Holdings Inc.

Reverse split effective midnight Nov 27, 2024; every 200 shares become 1.
Approx 3.07M shares outstanding post-split; trading symbol remains ELAB.
Fractional shares rounded up to one full share; no action required for street-name holders.
Split approved by stockholders on Aug 12, 2024; board set final ratio on Aug 22.
New CUSIP 28622K 203; VStock Transfer acts as exchange agent.

item 3.03 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

PMGC Holdings Inc.: Effected a 1-for-200 reverse stock split of common stock (effective 2024-11-27).

Change: charter amendment
Effective: 2024-11-27

Exact text from the filing

On November 20, 2024, Elevai Labs Inc. (the “Company”) filed a Certificate of Amendment to the Company’s Third and Amended Certificate of Incorporation, as amended (the “Certificate of Amendment”), to effect a 1-for-200 reverse stock split (the “reverse stock split”) of the shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), on November 27, 2024.

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Source: SEC EDGAR

accession 0001213900-24-101663

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