PMGC Holdings Inc. Announces Anticipated Reverse Stock Split

PMGC Holdings (NASDAQ: ELAB) will implement a 1-for-10 reverse stock split of its issued, outstanding and authorized common stock, effective at 12:00 a.m. Eastern time on August 21, 2026.

Rhea-AI Summary

PMGC Holdings (NASDAQ: ELAB) will implement a 1-for-10 reverse stock split of its issued, outstanding and authorized common stock, effective at 12:00 a.m. Eastern time on August 21, 2026. Every 10 existing shares will be consolidated into one share, with no action required by shareholders.

Shareholders entitled to fractional shares will receive one full share for each fractional portion. The trading symbol will remain ELAB, but the common stock will receive a new CUSIP, 73017P 607. According to the company, outstanding stock awards, options, reserved plan shares and warrant terms will be adjusted proportionally. PMGC anticipates approximately 8,095,835 shares outstanding immediately prior to the split and about 809,584 shares immediately after.

Positive

• Fractional shares rounded up, with each fractional entitlement converted into one full share
• Proportional adjustments to stock awards, options and plan reserves to maintain economic alignment
• Warrant share counts and exercise prices adjusted proportionally to reflect the 1-for-10 split

Negative

• 1-for-10 reverse stock split consolidates every 10 existing common shares into 1
• Outstanding share count expected to fall from about 8,095,835 to about 809,584 after the split

News Explained

PMGC says the scheduled 1-for-10 reverse split will reduce the share count while proportionally adjusting the share price, so the split itself does not change the overall value of a shareholder’s equity.

Argus Aug 19 session 36 alerts

-32.49% close to close 10.6x rel. volume Open Argus

Details

Market move: ELAB -32.49% in the Aug 19 session. 1-for-10 reverse stock split

-38.1% Trough in 4 hr 5 min

$7.06M Market Cap

On Aug 19, the day this news came out, ELAB closed 32.49% below the previous close. Argus tracked a trough of -38.1% from its starting point during tracking. Our momentum scanner recorded 36 alerts for this stock that day. Relative volume reached 10.6x the daily average during tracking.

Data tracked by StockTitan Argus for the Aug 19 session.

Key Figures

Conversion Ratio: 1-for-10 Effective Date: 12:00 am Eastern time on August 21, 2026 Par Value: $0.0001 per share +3 more

Conversion Ratio

1-for-10

Reverse stock split

Effective Date

12:00 am Eastern time on August 21, 2026

Reverse stock split

Par Value

$0.0001 per share

Common Stock

New CUSIP

73017P 607

Common Stock identifier

Post-Split Shares

809,584 shares

Anticipated outstanding immediately following the split

Pre-Split Shares

8,095,835 shares

Anticipated outstanding immediately prior to the split

Previous Stock split Reports

5 past events · Latest: Mar 04

Same Type 5 events

1. Mar 04

   Reverse stock split

   24h Move

   -32.8%

   Announced 1-for-6 reverse split effective March 10, 2026.

2. Jan 05

   Reverse stock split

   24h Move

   -12.7%

   Announced 1-for-4 reverse split effective January 6, 2026.

3. Jan 02

   Reverse stock split

   24h Move

   -4.0%

   Announced 1-for-4 reverse split effective January 6, 2026.

4. Aug 28

   Reverse stock split

   24h Move

   -6.0%

   Announced 1-for-3.5 reverse split effective September 2, 2025.

5. Mar 06

   Reverse stock split

   24h Move

   -41.2%

   Announced 1-for-7 reverse split effective March 10, 2025.

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, cusip, par value, warrants

4 terms

reverse stock split financial

"will effect a 1-for-10 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.

cusip financial

"designated a new CUSIP number 73017P 607"

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

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.

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

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NEWPORT BEACH, Calif., Aug. 19, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (NASDAQ: ELAB) (“PMGC” or the “Company”) today announced that it will effect a 1-for-10 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 August 21, 2026.

Key Details of the Reverse Stock Split:

• Conversion Ratio: Every 10 shares of issued and outstanding Common Stock will be consolidated into one share of Common Stock, and every 10 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 73017P 607
• 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 809,584 shares of common stock issued and outstanding immediately following the anticipated reverse stock split on August 21, 2026. The Company anticipates that there will be approximately 8,095,835 shares of common stock issued and outstanding immediately prior to the anticipated reverse stock split on August 21, 2026.

About PMGC Holdings Inc.

PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com.

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, 2025, filed with the SEC on March 30, 2026, 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 is the PMGC Holdings (NASDAQ: ELAB) reverse stock split ratio and effective date?

PMGC Holdings plans a 1-for-10 reverse stock split, effective at 12:00 a.m. Eastern time on August 21, 2026. According to the company, every 10 issued, outstanding and authorized common shares will be consolidated into one share without requiring shareholder action.

How will PMGC Holdings' reverse stock split affect ELAB shareholders' number of shares and equity value?

Each PMGC Holdings shareholder will see every 10 ELAB shares consolidated into 1 share. According to the company, the reverse split does not change total shareholder equity; it only reduces the number of shares while proportionally adjusting the market price and related equity instruments.

How many PMGC Holdings (ELAB) shares will be outstanding before and after the August 21, 2026 reverse split?

PMGC Holdings anticipates about 8,095,835 common shares outstanding immediately before the reverse split and approximately 809,584 shares outstanding immediately after. According to the company, these figures reflect the 1-for-10 consolidation of its issued and outstanding common stock.

What happens to fractional shares in the PMGC Holdings ELAB reverse stock split?

Shareholders entitled to fractional PMGC Holdings shares will receive one full share for each fractional portion. According to the company, this approach avoids leaving investors with partial positions or cash-in-lieu settlements, simplifying post-split holdings for smaller shareowners.

Will the PMGC Holdings (ELAB) ticker or CUSIP change after the reverse stock split?

PMGC Holdings will keep its ELAB trading symbol after the reverse stock split. According to the company, only the CUSIP number for its common stock will change, becoming 73017P 607, reflecting the new post-split securities identification.

How will PMGC Holdings' reverse stock split impact options, equity plans, and warrants for ELAB?

PMGC Holdings will adjust stock awards, options and plan reserves proportionally to the 1-for-10 split. According to the company, the shares underlying outstanding warrants and their exercise prices will also be adjusted proportionally to preserve holders’ economic interests after the consolidation.