PMGC Holdings Inc. (NASDAQ: ELAB) announced it has fully utilized the $20 million commitment under its equity purchase facility with Streeterville Capital, LLC.

The diversified holding company completed several acquisitions in 2025 and the first quarter of 2026. In July 2025, PMGC acquired Pacific Sun Packaging, Inc., which provides custom-engineered protective packaging for semiconductor and data center components to over 300 commercial customers across North America. The company also acquired AGA Precision Systems LLC, an ITAR-registered, AS9100-certified precision CNC machine shop that works with complex metals for aerospace, defense, and industrial customers.

In October 2025, PMGC acquired Indarg Engineering, Inc. as a bolt-on asset to expand AGA's machining capacity. In February 2026, the company acquired SVM Machining, Inc., a precision CNC manufacturing company serving medical device, aerospace, biotech, semiconductor, and transportation sectors.

PMGC's near-term priorities include organic growth and integration across its precision manufacturing and specialty packaging subsidiaries, selective acquisitions in aerospace and defense markets, and advancement of its biopharmaceutical pipeline through subsidiary Northstrive Biosciences Inc. The biopharmaceutical unit is developing treatments for muscle preservation and obesity related to GLP-1 receptor agonist therapies, including EL-22's progression toward a Phase 2 IND submission.

The company stated it will evaluate merger and acquisition capital structures and financing alternatives to support future growth while focusing on assets that generate sustainable cash flow.