secwatch.observer — SEC 8-K summary
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Issuer:     PMGC Holdings Inc. (ELAB)
CIK:        0001840563
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001213900-25-104007
Event type: m_and_a
Sentiment:  positive
Materiality: 0.40
Item codes: 1.01, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PMGC subsidiary AGA acquires Indarg Engineering assets for $548K; expands aerospace/defense CNC platform
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- Acquisition price $548,000: $350K to satisfy SBA loan, $28K cash at closing, $170K two-year promissory note at 8% interest.
- AGA hires Indarg's CEO Joel Alvarez as General Manager of Hawthorne site; employment agreement includes base salary, signing bonus, discretionary bonus, and incentive compensation.
- Transaction closed Oct 26, 2025; Indarg's 40-year-old precision CNC machining business rebranded under AGA Precision Systems.
- Seller agreed to 2-year non-compete and non-solicitation provisions; customary reps, warranties, and indemnities included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840563/000121390025104007/0001213900-25-104007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840563/000121390025104007/ea0262663-8k_pmgc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-104007

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