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AGA unit of PMGC (NASDAQ: ELAB) inks long-term Turbo-Jet supply pact

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(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

PMGC Holdings Inc., through its wholly owned subsidiary AGA Precision Systems LLC, announced a long-term agreement to supply mission-critical aerospace and defense components to Turbo-Jet Products Co., Inc. The agreement establishes a framework governing all purchase orders over an initial five-year term with potential annual renewals.

The company views this deal as strengthening AGA’s role in the aerospace and defense supply chain, including support for programs that may involve U.S. government and defense-related contracts under FAR and DFARS requirements. AGA highlights its AS9100 certification and ITAR compliance as key foundations for serving highly regulated, quality-critical programs.

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Insights

Multi-year aerospace supply deal expands AGA’s regulated defense footprint.

AGA Precision Systems has entered a long-term agreement to supply mission-critical components to Turbo-Jet Products. The framework covers all purchase orders under an initial five-year term, with provisions for annual renewals, suggesting a durable customer relationship.

The agreement is positioned to support programs that may include U.S. government and defense contracts subject to FAR and DFARS. AGA’s AS9100 certification and ITAR compliance indicate it meets stringent quality and regulatory standards required for such work, though specific volumes and dollar values are not disclosed.

Without quantified revenue or minimum purchase commitments, the financial impact remains unclear. Future company filings may detail how much business flows through this agreement and which commercial or defense programs it ultimately supports.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Initial LTA term five-year term Length of AGA–Turbo-Jet long-term agreement before renewals
Turbo-Jet founding reference since 1948 Turbo-Jet Products’ history providing aerospace and related solutions
Quality certification AS9100 certified AGA’s aerospace manufacturing quality standard
Defense compliance ITAR compliant AGA’s adherence to U.S. defense export regulations
Long-Term agreement financial
"announced the execution of a Long-Term agreement (“LTA”) with Turbo-Jet Products"
AS9100 certification technical
"The LTA follows AGA’s achievement of AS9100 certification, a globally recognized quality standard"
International Traffic in Arms Regulations (ITAR) regulatory
"and its International Traffic in Arms Regulations (“ITAR”) compliance"
A U.S. export control system that regulates the sale, transfer and technical support of defense-related products and services to foreign countries and entities. Think of it as a set of permission slips and traffic signals for moving military or dual-use items across borders; failure to comply can block sales, lead to heavy fines or lost contracts, and therefore materially affect a company’s revenue, customers and stock value.
Federal Acquisition Regulation (FAR) regulatory
"in compliance with applicable Federal Acquisition Regulation (FAR)"
Defense Federal Acquisition Regulation Supplement (DFARS) regulatory
"and Defense Federal Acquisition Regulation Supplement (DFARS) requirements"
forward-looking statements regulatory
"Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): March 31, 2026

 

PMGC Holdings Inc.
(Exact name of registrant as specified in its charter)

 

Nevada   001-41875   33-2382547
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

c/o 120 Newport Center Drive
Newport Beach, CA
  92660
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (888) 445-4886

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.0001 par value   ELAB   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 7.01 Regulation FD Disclosure. 

 

On March 31, 2026, AGA Precision Systems LLC, a wholly owned subsidiary of PMGC Holdings Inc. (the “Company”), issued a press release, a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8-K (“Form 8-K”).

 

The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release dated March 31, 2026.
104   Cover Page Interactive Data File (formatted in Inline XBRL).

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 31, 2026

 

PMGC Holdings, Inc.  
     
By: /s/ Graydon Bensler  
Name:  Graydon Bensler  
Title: Chief Executive Officer  

 

 

2

 

 

Exhibit 99.1

 

AGA Precision Systems Signs Long-Term Agreement to Supply Mission-Critical Aerospace and Defense Components to Turbo-Jet Products

 

NEWPORT BEACH, CA – March 31, 2026 – AGA Precision Systems LLC (“AGA”), a precision aerospace manufacturing company and wholly owned subsidiary of PMGC Holdings Inc., today announced the execution of a Long-Term agreement (“LTA”) with Turbo-Jet Products Co., Inc. (“Turbo-Jet Products”), a California-based aerospace and defense supplier.

 

Under the terms of the LTA, AGA will supply mission-critical aerospace and defense components and in support of Turbo-Jet Products’ commercial and defense programs. The LTA provides an agreement framework that governs all future purchase orders issued during the LTA’s term.

 

The LTA includes an initial five-year term, with provisions for annual renewals, supporting a long-term strategic supply relationship between the parties.

 

Strategic Importance

 

The company believes this LTA strengthens AGA’s position within the aerospace and defense supply chain and enables AGA to support programs that may include U.S. government and defense-related contracts, in compliance with applicable Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS) requirements. 

 

The LTA follows AGA’s achievement of AS9100 certification, a globally recognized quality standard for aerospace manufacturing, and its International Traffic in Arms Regulations (“ITAR”) compliance, reinforcing the company’s ability to support regulated defense programs and deliver mission-critical components with the highest levels of quality, traceability, and regulatory adherence.

 

About AGA Precision Systems LLC

 

AGA Precision Systems LLC is a California-based specialized computer numerical control machine shop focused on high-tolerance milling, turning, mold manufacturing, and machining of complex metals. The company serves customers across the aerospace, defense, space, and industrial sectors, delivering precision components to demanding technical specifications.

 

AGA is AS9100 certified and ITAR compliant, meeting globally recognized quality management standards for aerospace manufacturing and adhering to strict U.S. regulatory requirements for defense-related work. 

 

About Turbo-Jet Products Co., Inc.

 

Since 1948, Tur-Bo Jet Products has been providing custom innovative design, manufacturing, and solutions for the aerospace, military, transportation, and medical industries. Turbo-Jet Products is an AS9100 Rev. D / ISO 9001:2015 certified designer and manufacturer of custom electromagnetic, electromechanical, mechanical, fluid, and pneumatic controls.

 

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’s 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, 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.

 

 

FAQ

What did PMGC Holdings (ELAB) announce regarding AGA Precision Systems and Turbo-Jet Products?

PMGC’s subsidiary AGA Precision Systems signed a long-term agreement to supply mission-critical aerospace and defense components to Turbo-Jet Products. The framework governs all purchase orders under a five-year initial term, reinforcing AGA’s role in regulated aerospace and defense supply chains.

How long is the initial term of AGA’s long-term agreement with Turbo-Jet Products?

The long-term agreement between AGA Precision Systems and Turbo-Jet Products has an initial five-year term. It also includes provisions for annual renewals, creating the potential for a lasting strategic supply relationship if both parties continue extending the agreement beyond the initial period.

Why is the Turbo-Jet agreement important for PMGC Holdings (ELAB) and AGA?

The agreement is described as strategically important because it strengthens AGA’s position in the aerospace and defense supply chain. It may support programs involving U.S. government and defense contracts, leveraging AGA’s AS9100 certification and ITAR compliance for regulated, mission-critical component manufacturing.

What certifications and compliance standards does AGA Precision Systems hold?

AGA Precision Systems is AS9100 certified and ITAR compliant. AS9100 is a globally recognized aerospace quality standard, while ITAR compliance means AGA adheres to strict U.S. regulations for defense-related work, supporting high-quality, traceable, and regulated mission-critical component production and supply.

Does PMGC Holdings (ELAB) disclose financial terms of the AGA–Turbo-Jet long-term agreement?

The disclosure highlights the existence and strategic nature of the long-term agreement but does not provide specific financial terms. There is no mention of contract value, minimum purchase quantities, or revenue commitments, so the direct financial impact is not quantified in this announcement.

Which sectors does AGA Precision Systems serve under PMGC Holdings (ELAB)?

AGA Precision Systems operates as a specialized CNC machine shop serving aerospace, defense, space, and industrial sectors. It focuses on high-tolerance milling, turning, mold manufacturing, and complex metal machining, delivering precision components that meet demanding technical and regulatory requirements in these industries.

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