PMGC Holdings (ELAB) Announces 1:7 Reverse Share Split

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PMGC Holdings Inc. Announces Reverse Stock Split to Maintain Nasdaq Listing Compliance

March 6, 2025 9:00 AM EST

NEWPORT BEACH, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (NASDAQ: ELAB) (PMGC or the Company) today announced that it will effect a 1-for-7 reverse stock split (the Split) of its issued and outstanding common stock, par value $0.0001 per share (Common Stock), effective at midnight, Eastern time, on March 10, 2025.

Key Details of the Reverse Stock Split:

Conversion Ratio: Every 7 shares of issued and outstanding Common Stock will be automatically consolidated into one share, with no further action required from shareholders.
Fractional Shares: Shareholders entitled to fractional shares will... More