secwatch.observer — SEC 8-K summary
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Issuer:     PMGC Holdings Inc. (ELAB)
CIK:        0001840563
Form:       8-K
Filed at:   2025-07-11T23:59:59+00:00
Accession:  0001213900-25-063334
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PMGC completes acquisition of Pacific Sun Packaging for $1.15M cash plus $250K earnout
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- Purchase price $1,148,000 cash plus up to $250,000 earnout contingent on $1,145,915 revenue in 2025 fiscal year.
- Pacific Sun 2024 revenue $952,304 (down 21% YoY), net income $34,715; 2023 revenue $1,199,114, net income $7,512.
- Target serves 300+ commercial clients; PMGC to continue operations from San Clemente lease with 5-year term.
- Q1 2025 net loss $5,999 on revenue $108,850; total assets $404,167, liabilities $2,023 at March 31, 2025.
- Acquisition marks launch of PMGC's strategic acquisition program targeting U.S. businesses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840563/000121390025063334/0001213900-25-063334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840563/000121390025063334/ea0248739-8k_pmgc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-063334

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