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.
Positive
None.
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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
Beneficial ownership:453,920 sharesPercent of class:9.99%Shares outstanding:4,543,751 shares
3 metrics
Beneficial ownership453,920 sharesAmount beneficially owned reported on Schedule 13G/A
Percent of class9.99%Contractual ownership cap under Securities Purchase Agreements
Shares outstanding4,543,751 sharesOutstanding shares as of <date> <b>May 14, 2026</b> (per Issuer's 10-Q)
"Thus, the number of shares ... beneficially owned by Streeterville as of the date of this filing was 453,920 shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Securities Purchase Agreementlegal
"rights, under a Securities Purchase Agreement dated September 23, 2025 ... and a Securities Purchase Agreement dated April 16, 2026"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
What stake does Streeterville Capital LLC report in PMGC Holdings (ELAB)?
Streeterville reports beneficial ownership of 453,920 shares, equal to 9.99% of the company's 4,543,751 outstanding shares as of May 14, 2026 per the cited 10-Q.
Why is the ownership shown as 9.9% instead of 9.99% in the filing?
The filing explains the Form display rounds to one decimal place; the operative contractual ownership limitation is stated as 9.99% in the Securities Purchase Agreements and related prepaid purchases.
Which parties filed this Schedule 13G/A for ELAB?
The report is filed jointly by Streeterville Capital LLC, Streeterville Management LLC (manager), and John M. Fife (sole member of the manager), reflecting direct and indirect beneficial ownership.
What agreements establish Streeterville's ownership cap?
The filing cites Securities Purchase Agreements dated September 23, 2025 and April 16, 2026 and various prepaid purchases issued thereunder as the contractual source of the 9.99% ownership cap.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
PMGC Holdings Inc.
(Name of Issuer)
Common Stock, $0.0001 par value
(Title of Class of Securities)
73017P508
(CUSIP Number)
5/27/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
73017P508
1
Names of Reporting Persons
Streeterville Capital LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UTAH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
453,920.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
453,920.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
453,920.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Reporting person Streeterville Capital, LLC ("Streeterville") has rights, under a Securities Purchase Agreement dated September 23, 2025 and various Pre-Paid Purchases issued thereunder and a Securities Purchase Agreement dated April 16, 2026 and various Pre-Paid Purchases issued thereunder, to own an aggregate number of shares of the Issuer's common stock which, except for a contractual cap on the amount of outstanding shares that Streeterville may own, would exceed such a cap. Streeterville's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's common stock beneficially owned by Streeterville as of the date of this filing was 453,920 shares, which is 9.99% of the 4,543,751 shares outstanding on May 14, 2026 (as reported in the Issuer's 10-Q filed on May 15, 2026).
To clarify, the Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.
SCHEDULE 13G
CUSIP Number(s):
73017P508
1
Names of Reporting Persons
Streeterville Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UTAH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
453,920.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
453,920.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
453,920.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Reporting person Streeterville Management, LLC is the Manager of Streeterville. Streeterville has rights, under a Securities Purchase Agreement dated September 23, 2025 and various Pre-Paid Purchases issued thereunder and a Securities Purchase Agreement dated April 16, 2026 and various Pre-Paid Purchases issued thereunder, to own an aggregate number of shares of the Issuer's common stock which, except for a contractual cap on the amount of outstanding shares that Streeterville may own, would exceed such a cap. Streeterville's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's common stock beneficially owned by Streeterville as of the date of this filing was 453,920 shares, which is 9.99% of the 4,543,751 shares outstanding on May 14, 2026 (as reported in the Issuer's 10-Q filed on May 15, 2026).
To clarify, the Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.
SCHEDULE 13G
CUSIP Number(s):
73017P508
1
Names of Reporting Persons
John M Fife
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
453,920.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
453,920.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
453,920.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: Reporting person John M Fife is the sole member of Streeterville Management, LLC, which is the Manager of Streeterville. Streeterville has rights, under a Securities Purchase Agreement dated September 23, 2025 and various Pre-Paid Purchases issued thereunder and a Securities Purchase Agreement dated April 16, 2026 and various Pre-Paid Purchases issued thereunder, to own an aggregate number of shares of the Issuer's common stock which, except for a contractual cap on the amount of outstanding shares that Streeterville may own, would exceed such a cap. Streeterville's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's common stock beneficially owned by Streeterville as of the date of this filing was 453,920 shares, which is 9.99% of the 4,543,751 shares outstanding on May 14, 2026 (as reported in the Issuer's 10-Q filed on May 15, 2026).
To clarify, the Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
PMGC Holdings Inc.
(b)
Address of issuer's principal executive offices:
120 NEWPORT CENTER DRIVE, NEWPORT BEACH, CALIFORNIA, 92660
Item 2.
(a)
Name of person filing:
This report is filed by Streeterville Capital LLC, Streeterville Management LLC, and John M. Fife with respect to the shares of Common Stock, $0.0001 par value per share, of the Issuer that are directly beneficially owned by Streeterville Capital LLC and indirectly beneficially owned by the other reporting and filing persons.
(b)
Address or principal business office or, if none, residence:
300 East Randolph Street, Suite 40.150
Chicago, IL 60601
(c)
Citizenship:
Streeterville Capital LLC is a Utah limited liability company.
Streeterville Management LLC is a Utah limited liability company.
John M. Fife is a United States citizen.
(d)
Title of class of securities:
Common Stock, $0.0001 par value
(e)
CUSIP No.:
73017P508
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
453,920
(b)
Percent of class:
9.99%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
453,920
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
453,920
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
