PMGC Holdings to effect 1-for-7 reverse stock split on March 10, 2025 to maintain Nasdaq listing

PMGC Holdings Inc.

Reverse split consolidates every 7 shares into 1; approximately 577,000 shares post-split.
Effective at midnight Eastern March 10; trading symbol remains ELAB with new CUSIP 73017P201.
Driven by Nasdaq minimum bid price compliance; recent rule changes limit future compliance periods.
No shareholder approval needed; par value unchanged; fractional shares rounded up to full share.
Outstanding stock awards, options, and warrants adjusted proportionally.

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.: Filed a Certificate of Amendment to effect a 1-for-7 reverse stock split of common stock, effective March 10, 2025 (effective 2025-03-10).

Change: charter amendment
Effective: 2025-03-10

Exact text from the filing

On February 28, 2025, PMGC Holdings Inc. (the “Company”) filed a Certificate of Amendment to the Company’s Articles of Incorporation, as amended (the “Certificate of Amendment”), to effect a 1-for-7 reverse stock split (the “Split”) of the shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”), to be effective on March 10, 2025.

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PMGC Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-020942

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