{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-003480","form_type":"8-K","ticker":"ELAB","cik":"0001840563","company_name":"PMGC Holdings Inc.","filed_at":"2026-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.487131+00:00","generated_at":"2026-05-16T10:56:55.206476+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PMGC Holdings enters $3.28M secured pre-paid purchase with 88% discount conversion","bullets":["Original principal $3,278,700; OID $278,700; net proceeds $2,732,704 after fees.","Maturity Jan 7, 2029; company may prepay at 120% of outstanding balance.","Investor may convert at 88% of lowest 10-day VWAP; shares subject to 9.99% beneficial ownership cap.","Facility has extensive default provisions including 18% default interest and 15% balance increase."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-003480","json":"https://secwatch.observer/filing/0001213900-26-003480.json","markdown":"https://secwatch.observer/filing/0001213900-26-003480.md","text":"https://secwatch.observer/filing/0001213900-26-003480.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840563/000121390026003480/0001213900-26-003480-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840563/000121390026003480/ea0272498-8k_pmgchold.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T10:56:55.206476+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6e55df5e9ea4a0fa18bb75b0fea47f5ffef666c6","claim":"PMGC Holdings Inc. entered into Second Pre-Paid Purchase with Investor valued at original principal amount of $3,278,700 (effective 2026-01-07).","evidence_excerpt":"On January 7, 2026, the Company and an investor (“Investor”) entered into and consummated Secured Pre-Paid Purchase # 2 (the “Second Pre-Paid Purchase”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840563/000121390026003480/0001213900-26-003480-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Investor"},{"label":"Value","value":"original principal amount of $3,278,700"},{"label":"Effective","value":"2026-01-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}