PMGC Holdings secures up to $20M equity line; initial $5M pre-paid purchase closed with $3.99M net proceeds

PMGC Holdings Inc.

Entered into $20M equity line with institutional investor on Sept 23, 2025; initial $5M pre-paid purchase closed Sept 26 for net proceeds of $3.99M.
Conversion price set at 88% of lowest VWAP over prior 10 trading days; prepayment at 120% of outstanding balance; maturity Sept 26, 2028.
56,700 commitment shares and 10,300 pre-delivery shares issued; weekly sales capped at 15% of weekly dollar trading volume of ELAB.
Obligations secured by assets of subsidiaries AGA Precision Systems LLC and Pacific Sun Packaging Inc. via Guaranties, Security and Pledge Agreements.
Proceeds to be used for general corporate purposes, working capital, and potential acquisitions; Univest Securities received $400K cash fee.

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