secwatch.observer — SEC 8-K summary
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Issuer:     PMGC Holdings Inc. (ELAB)
CIK:        0001840563
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0001213900-26-005641
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PMGC Holdings enters $5M Secured Pre-Paid Purchase with Streeterville Capital
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- Original principal $5,464,500; OID $464,500; net proceeds $4,562,840.
- Investor can purchase shares at 88% of lowest VWAP over 10 trading days; floor price $1.05.
- Company may prepay at 120% of outstanding balance; maturity 3 years from effective date.
- Secured by equity interests in ELAB Holdings via pledge and security agreements.
- 9.99% ownership limitation on investor; events of default include bankruptcy, failure to deliver shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840563/000121390026005641/0001213900-26-005641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840563/000121390026005641/ea0273331-8k_pmgc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-005641

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