PMGC Holdings Inc. Announces Anticipated Reverse Stock Split

PMGC Holdings (NASDAQ: ELAB) will effect a 1-for-6 reverse stock split of its common stock, effective 12:00 AM ET on March 10, 2026.

Rhea-AI Summary

PMGC Holdings (NASDAQ: ELAB) will effect a 1-for-6 reverse stock split of its common stock, effective 12:00 AM ET on March 10, 2026. Each six shares will consolidate into one, fractional holders will receive whole shares, and the CUSIP will change to 73017P508.

The company expects ~3,248,764 shares outstanding before the Split and ~541,461 shares outstanding immediately after, with outstanding awards, options and warrants adjusted proportionally.

Positive

• Outstanding shares reduced to ~541,461 after the 1-for-6 reverse split
• Equity awards and warrants adjusted proportionally to preserve holder economics

Negative

• Increased share price per share may reduce liquidity post-split
• Reverse split may signal continued lower absolute share count and possible market perception issues

Argus Mar 5 session

-32.81% close to close Open Argus

Details

News Market Reaction – ELAB

In the Mar 5 session, ELAB declined 32.81%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -32.8% in the session following this news. A negative reaction to this anticipated...

Analysis

The stock dropped -32.8% in the session following this news. A negative reaction to this anticipated 1-for-6 reverse split would be consistent with ELAB’s prior stock-split history, which showed an average -16.98% move across five events. Frequent reverse splits and complex financing structures from recent filings already frame a challenging backdrop. In such scenarios, investors have often focused on dilution risk and listing-compliance dynamics when reassessing the durability of any move.

Key Figures

Reverse split ratio: 1-for-6 Par value: $0.0001 per share Post-split shares: 541,461 shares +5 more

Reverse split ratio

1-for-6

Common stock consolidation effective March 10, 2026

Par value

$0.0001 per share

Common stock par value

Post-split shares

541,461 shares

Expected issued and outstanding after reverse split

Pre-split shares

3,248,764 shares

Expected issued and outstanding before reverse split

Current price

$1.05

Pre-news close vs 52-week range

52-week high

$122.01

Price vs 52-week high at -99.14%

52-week low

$1.01

Price at 3.96% above 52-week low

Expected float pressure

541,461 shares

New outstanding count after 1-for-6 reverse split

Previous Stock split Reports

5 past events · Latest: Jan 05

Same Type 5 events

1. Jan 05

   Reverse split effective

   24h Move

   -12.7%

   Announcement of 1-for-4 reverse stock split effective Jan 6, 2026.

2. Jan 02

   Reverse split planned

   24h Move

   -4.0%

   Planned 1-for-4 reverse split with share reductions disclosed.

3. Aug 28

   Reverse split planned

   24h Move

   -6.0%

   Announcement of 1-for-3.5 reverse split and new CUSIP.

4. Mar 06

   Compliance-driven split

   24h Move

   -41.2%

   1-for-7 reverse split to maintain Nasdaq listing compliance.

5. Nov 22

   Large reverse split

   24h Move

   -20.9%

   1-for-200 reverse split to meet Nasdaq minimum bid price.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

reverse stock split, par value, CUSIP, warrants

4 terms

reverse stock split financial

"Announces Anticipated Reverse Stock Split"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

par value financial

"common stock, par value $0.0001 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

CUSIP financial

"designated a new CUSIP number 73017P508"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

warrants financial

"underlying outstanding warrants and the exercise price"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEWPORT BEACH, Calif., March 04, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (NASDAQ: ELAB) (“PMGC” or the “Company”) today announced that it will effect a 1-for-6 reverse stock split (the “Split”) of its issued and outstanding and authorized common stock, par value $0.0001 per share (“Common Stock”), effective at 12:00 am, Eastern time, on March 10, 2026.

Key Details of the Reverse Stock Split:

• Conversion Ratio: Every 6 shares of issued and outstanding Common Stock will be consolidated into one share of Common Stock, and every 6 shares of authorized Common Stock will be consolidated into one share of Common Stock, each with no further action required from shareholders.
• Fractional Shares: Shareholders entitled to fractional shares will receive one full share for each fractional portion.
• Updated Stock Identifier: While the trading symbol for the Common Stock will remain “ELAB,” the Common Stock will be designated a new CUSIP number 73017P508.
• Equity Adjustments: Outstanding stock awards, options, and the shares reserved for the equity incentive plan will be adjusted proportionally to reflect the Split.
• Warrant Share and Exercise Price Adjustments: Shares of Common Stock underlying outstanding warrants and the exercise price of the outstanding warrants will be adjusted proportionally to reflect this stock split.
  

Impact on Shareholders:

• Certificate Holders: Shareholders with physical certificates can exchange them, if desired, through VStock Transfer, LLC, the transfer agent of the Company, which will provide detailed instructions.
• Share Value: The reverse split does not impact the overall value of shareholder equity; it only reduces the number of shares outstanding while proportionally adjusting the share price.

Impact on our Common Stock:

The Company anticipates that there will be approximately 541,461 shares of common stock issued and outstanding immediately following the anticipated reverse stock split on March 10, 2026. The Company anticipates that there will be approximately 3,248,764 shares of common stock issued and outstanding immediately prior to the anticipated reverse stock split on March 10, 2026.

Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “believes,” “expects,” “plans,” “potential,” “would” and “future” or similar expressions such as “look forward” are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in PMGC Holdings’ filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

IR Contact:
IR@pmgcholdings.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ratio is PMGC Holdings (ELAB) using for the reverse stock split on March 10, 2026?

The company is implementing a 1-for-6 reverse stock split. According to the company, every six issued and authorized shares will consolidate into one share effective March 10, 2026 at 12:00 AM ET, with fractional holders receiving whole shares.

How many PMGC (ELAB) shares will be outstanding after the March 10, 2026 reverse split?

PMGC expects approximately 541,461 shares outstanding after the split. According to the company, this follows ~3,248,764 shares outstanding immediately prior to the 1-for-6 consolidation.

Will PMGC Holdings (ELAB) change its trading symbol or CUSIP after the reverse split?

The trading symbol will remain ELAB, but the CUSIP will change to 73017P508. According to the company, only the CUSIP identifier is being updated; the ticker stays the same.

How will PMGC Holdings (ELAB) handle fractional shares from the 1-for-6 reverse split?

Fractional shares will be converted into whole shares by issuance of additional shares. According to the company, shareholders entitled to fractional portions will receive one full share for each fractional portion.

Will PMGC (ELAB) adjust stock awards, options, and warrants for the March 10, 2026 split?

Yes. According to the company, outstanding stock awards, options, reserved plan shares and warrants will be adjusted proportionally to reflect the 1-for-6 reverse split to preserve existing holder economics.

How can PMGC Holdings (ELAB) certificate holders exchange physical stock certificates after the reverse split?

Certificate holders may exchange physical certificates through VStock Transfer, LLC. According to the company, the transfer agent will provide detailed instructions for exchanging certificates following the March 10, 2026 reverse split.