secwatch.observer — SEC 8-K summary
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Issuer:     PMGC Holdings Inc. (ELAB)
CIK:        0001840563
Form:       8-K
Filed at:   2026-05-13T10:05:52+00:00
Accession:  0001213900-26-055405
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PMGC Holdings acquires A&B Aerospace for $4.5M cash; target posts $3.6M revenue, $344K net income in L9M
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- Acquired 100% of A&B Aerospace, a precision CNC machining contractor serving aerospace/defense.
- Purchase price: $4.5M cash; $4.275M paid at closing, $225K held back for litigation indemnification.
- Target revenue $3.607M for nine months ended Feb 2026 (vs. $3.197M prior); net income $343,903 (vs. loss of $108K).
- Target had $681,509 cash, $1.447M net working capital, and a $225K accrued settlement liability at Feb 28, 2026.
- President will continue leading Target under new employment agreement; Sellers subject to 3-year non-compete in CA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840563/000121390026055405/0001213900-26-055405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840563/000121390026055405/ea0290098-8k_pmgc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-055405

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