---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-017983"
form_type: "8-K"
ticker: "ELAB"
cik: "0001840563"
company_name: "PMGC Holdings Inc."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:29:06.298078+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PMGC Holdings removes Series B conversion rights, boosts authorized shares to 300M

## Summary
- Filed Amended COD on Feb 21, 2025 eliminating conversion rights for Series B Preferred Stock.
- Increased authorized Series B shares from 50M to 300M on Feb 24, 2025.
- Series B now ranks pari passu with common on liquidation; no dividends unless Board decides.
- Protective provisions require majority Series B vote for amendments, new senior securities, or debt >$1M.
- Modifications apply to all Series B shares; no preference over common stock in distributions.

## SEC filing metadata
- accession: 0001213900-25-017983
- form_type: 8-K
- ticker: ELAB
- cik: 0001840563
- company_name: PMGC Holdings Inc.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840563/000121390025017983/0001213900-25-017983-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840563/000121390025017983/ea0232335-8k_pmgc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-017983
- JSON: https://secwatch.observer/filing/0001213900-25-017983.json
- Plain text: https://secwatch.observer/filing/0001213900-25-017983.txt

## Key facts
- Governance Changes
  PMGC Holdings Inc.: Filed Amended and Restated Certificate of Designations for Series B Preferred Stock, removing conversion rights and clarifying dividend, liquidation, voting and protective provisions (effective 2025-02-21).
  - Change: charter amendment
  - Effective: 2025-02-21
  source text: On February 21, 2025, PMGC Holdings Inc. (the "Company") filed the Amended and Restated Certificate of Designations, Rights, and Preferences of the Series B Preferred Stock (the "Amended and Restated COD") with the Secretary of State of the State of Nevada (the "Nevada Secretary of State").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840563/000121390025017983/0001213900-25-017983-index.htm
- Governance Changes
  PMGC Holdings Inc.: Filed Certificate of Amendment to the Amended and Restated COD, increasing authorized Series B Preferred Stock from 50 million to 300 million shares (effective 2025-02-24).
  - Change: charter amendment
  - Effective: 2025-02-24
  source text: On February 24, 2025, the Company filed the Certificate of Amendment to the Amended and Restated COD with the Nevada Secretary of State (the "Certificate of Amendment to the COD").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840563/000121390025017983/0001213900-25-017983-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.