---
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"
generated_at: "2026-05-16T10:56:55.206476+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PMGC Holdings enters $3.28M secured pre-paid purchase with 88% discount conversion

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-003480
- JSON: https://secwatch.observer/filing/0001213900-26-003480.json
- Plain text: https://secwatch.observer/filing/0001213900-26-003480.txt

## Key facts
- Material Agreements
  PMGC Holdings Inc. entered into Second Pre-Paid Purchase with Investor valued at original principal amount of $3,278,700 (effective 2026-01-07).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Investor
  - Value: original principal amount of $3,278,700
  - Effective: 2026-01-07
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1840563/000121390026003480/0001213900-26-003480-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.