PMGC Holdings: Streeterville reports 9.99% stake
PMGC Holdings Inc. reported a 9.99% beneficial ownership position held by Streeterville Capital LLC.
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Rhea-AI Filing Summary
PMGC Holdings Inc. reported a 9.99% beneficial ownership position held by Streeterville Capital LLC. The filing states Streeterville beneficially owns 453,920 shares of Common Stock, representing 9.99% of the 4,543,751 shares outstanding as of May 14, 2026 (per the Issuer's 10-Q). The ownership level reflects a contractual ownership cap of 9.99% under Securities Purchase Agreements (including prepaid purchase arrangements) dated September 23, 2025 and April 16, 2026.
The report is filed by Streeterville Capital LLC, Streeterville Management LLC (manager), and John M. Fife (sole member of the manager) and states sole voting and dispositive power over the 453,920 shares.
Insights
Filing documents a capped beneficial ownership position under recent purchase agreements.
The report states Streeterville's rights under Securities Purchase Agreements and prepaid purchases would permit ownership above the stated cap but are contractually limited to 9.99%. The filing cites the issuer's 10-Q for the 4,543,751 shares outstanding as of May 14, 2026.
Key dependency is the contractual cap language; subsequent amendments or additional purchases that change the cap or outstanding share count would alter reported percent ownership. Future filings will show any changes in ownership or cap terms.
Manager and individual disclose indirect ownership and control relationship.
The filing attributes sole voting and dispositive power over the 453,920 shares to Streeterville Capital LLC, and lists Streeterville Management LLC as manager and John M. Fife as sole member. These relationships explain why multiple related entities file jointly.
Disclosure clarifies percentage calculation and notes the Form 13G/A display limitation; the contractual 9.99% cap is cited verbatim and anchors the reported percent.
Key Figures
Key Terms
beneficially owned regulatory
Securities Purchase Agreement legal
Pre-Paid Purchases financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Streeterville Capital LLC report in PMGC Holdings (ELAB)?
Why is the ownership shown as 9.9% instead of 9.99% in the filing?
Which parties filed this Schedule 13G/A for ELAB?
What agreements establish Streeterville's ownership cap?
AI-generated analysis. How Rhea-AI works. Not financial advice.