PMGC Holdings Inc. Announces Reverse Stock Split Effective January 6, 2026

Rhea-AI Summary

PMGC Holdings (NASDAQ: ELAB) will effect a 1-for-4 reverse stock split of its common stock effective Jan 6, 2026 at 9:00 AM ET. Every four issued or authorized shares will be consolidated into one share, with fractional-share holders receiving one full share for each fractional portion.

The trading symbol remains ELAB and the new CUSIP is 73017P409. Outstanding equity awards, options, reserved shares, and warrants and their exercise prices will be proportionally adjusted. Immediately prior to the split the company had approximately 2,014,852 issued and outstanding shares; following the split it expects about 503,713 shares outstanding, subject to customary rounding and adjustments. Certificate holders can exchange through VStock Transfer.

Positive

• Reverse split ratio 1-for-4 effective Jan 6, 2026
• Outstanding shares reduced from 2,014,852 to ~503,713
• Trading symbol remains ELAB; new CUSIP 73017P409
• Equity awards, options, and warrants adjusted proportionally

Negative

• Shareholders with physical certificates must exchange via VStock Transfer
• Post-split share count subject to rounding and customary adjustments

Key Figures

Reverse split ratio 1-for-4 Reverse stock split effective January 6, 2026 at 9:00 a.m. ET

Pre-split shares 2,014,852 shares Common stock issued and outstanding immediately prior to split

Post-split shares 503,713 shares Expected common shares outstanding after split, subject to adjustments

Current price $1.61 Last close before split announcement date context

52-week range $1.25 – $99.72 Stock trading range over the past 52 weeks

Market cap $1,056,636 Equity value before the January 6, 2026 reverse split

Volume today 752,297 shares Trading activity on the day of this news

Avg 20-day volume 1,062,293 shares Recent average trading volume benchmark

Market Reality Check

$5.25 Last Close

Volume Volume 752,297 is below the 20-day average 1,062,293, suggesting limited pre-split repositioning. normal

Technical Shares at $1.61 are trading below the 200-day MA of $7.24, reflecting a prolonged downtrend ahead of the split.

Peers on Argus 1 Up

ELAB was up 13.38% pre-split while peers showed mixed moves (e.g., QLGN up 7.72%, UBX down 29.14%), and only INDP appeared in the momentum scan, indicating a largely stock-specific move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Jan 02	Reverse split plan	Neutral	-4.0%	Announced upcoming 1-for-4 reverse stock split effective January 6, 2026.
Dec 22	Quality certification	Positive	-11.1%	AGA Precision Systems achieved AS9100 certification for aerospace and defense work.
Dec 17	Clinical AI program	Positive	-29.7%	NorthStrive Biosciences advanced its AI-driven drug discovery to Phase III work.
Dec 04	Portfolio highlight	Positive	-4.1%	Company highlighted its equity stake as GEVI uplisted to NYSE American.
Oct 30	Regulatory approval	Positive	+3.3%	AGA Precision Systems obtained ITAR registration enabling defense-related contracts.

Pattern Detected

Recent history shows multiple positive operational and strategic updates often met with negative price reactions, while one prior regulatory/operational milestone drew a modest positive move.

Recent Company History

Over the last few months, ELAB has combined repeated reverse stock split actions with operating progress in aerospace and biotech. On Jan 2, 2026, it outlined this same 1-for-4 reverse split. In late 2025, AGA Precision Systems achieved AS9100 certification and ITAR registration, and NorthStrive advanced an AI-driven program to Phase III. Despite these developments, several updates saw negative next-day price moves, underscoring a cautious market stance into today’s split confirmation.

Market Pulse Summary

The stock surged +13.4% in the session following this news. A strong positive reaction aligns with traders focusing on the capital structure reset rather than ELAB’s prolonged downtrend, with shares well below the 200-day MA of $7.24. Prior reverse split announcements were followed by negative moves, so a sharp gain would have contrasted with that history. Positioning around reduced share count and existing resale registrations could have influenced how sustainable enthusiasm proved over time.

Key Terms

reverse stock split financial

"it will effect a 1-for-4 reverse stock split (the “Split”) of its issued"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

common stock financial

"reverse stock split (the “Split”) of its issued and outstanding and authorized common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

cusip financial

"the Common Stock will be designated a new CUSIP number 73017P409"

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.

warrants financial

"underlying outstanding warrants and the exercise price of the outstanding warrants will be adjusted"

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.

AI-generated analysis. Not financial advice.

NEWPORT BEACH, Calif., Jan. 05, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (NASDAQ: ELAB) (“PMGC” or the “Company”) today announced that, as previously disclosed on January 2, 2026, it will effect a 1-for-4 reverse stock split (the “Split”) of its issued and outstanding and authorized common stock, par value $0.0001 per share (“Common Stock”), effective at 9:00 am, Eastern time, on January 6, 2026.

Key Details of the Reverse Stock Split:

• Conversion Ratio: Every 4 shares of issued and outstanding Common Stock will be consolidated into one share of Common Stock, and every 4 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 73017P409.
• 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:

Immediately prior to the reverse stock split, the Company has approximately 2,014,852 shares of common stock issued and outstanding. Following the effectiveness of the reverse stock split on January 6, 2026, the Company expects to have approximately 503,713 shares of common stock issued and outstanding, subject to adjustment for rounding and other customary adjustments.

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

What reverse split ratio did PMGC Holdings (ELAB) announce and when is it effective?

PMGC Holdings announced a 1-for-4 reverse stock split effective Jan 6, 2026 at 9:00 AM ET.

How many shares will PMGC Holdings (ELAB) have outstanding after the Jan 6, 2026 reverse split?

The company expects approximately 503,713 shares outstanding after the split, subject to rounding and customary adjustments.

Will PMGC Holdings' trading symbol change after the reverse split of ELAB?

No; the trading symbol will remain ELAB, but the company will use a new CUSIP: 73017P409.

How will fractional shares be handled in the ELAB 1-for-4 reverse split?

Shareholders entitled to fractional shares will receive one full share for each fractional portion.

What happens to outstanding options, awards, and warrants after ELAB's reverse split?

Outstanding stock awards, options, shares reserved for the equity plan, and warrant shares and exercise prices will be adjusted proportionally to reflect the split.

How can certificate holders exchange physical ELAB stock certificates after the reverse split?

Certificate holders can exchange physical certificates through VStock Transfer, the company's transfer agent, which will provide instructions.