Univest Securities arranges $40 million equity line for PMGC Holdings

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Univest Securities, LLC Announces a $40 Million Equity Line Facility for its Client PMGC Holdings, Inc. (NASDAQ: ELAB)

April 21, 2026 5:00 PM EDT

New York, April 21, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC (Univest), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a $40,000,000 equity line facility with an initial tranche of $10,000,000 (the Offering) for its client PMGC Holdings, Inc. (NASDAQ: ELAB) (the Company), a diversified holding company executing a targeted roll-up strategy in U.S.-based precision manufacturing.

The purchase agreement provides for an equity line of credit under which the Company agreed to issue and... More