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Streeterville files 13G/A disclosing 91,275-share (9.99%) position in PMGC

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Streeterville Capital LLC, Streeterville Management LLC and John M. Fife report beneficial ownership of 91,275 shares of PMGC Holdings Inc. common stock, representing 9.99% of the 913,664 shares outstanding referenced in the issuer's S-1 on September 19, 2025. The filing states those shares are held under a Secured Pre-Paid Purchase #1 that includes a contractual ownership cap of 9.99%. The reporting persons each claim sole voting and sole dispositive power over the 91,275 shares. The certification in the filing affirms the securities were not acquired to change or influence control of the issuer.

Positive

  • Clear disclosure of beneficial ownership: 91,275 shares disclosed
  • Ownership cap is specified at 9.99%, limiting potential escalation

Negative

  • None.

Insights

Streeterville holds a near-10% capped stake: 91,275 shares (9.99%).

The filing discloses that ownership arises from a Secured Pre-Paid Purchase #1 that limits Streeterville to 9.99% of outstanding shares. The report shows sole voting and sole dispositive power for the reported shares, making the holder an influential minority owner for disclosure purposes.

This is a passive Schedule 13G/A filing with a certification that the position was not acquired to influence control, which affects how the stake is treated under reporting rules and investor perception.

Manager and individual align: Streeterville Management and John M. Fife are linked to the stake.

Streeterville Management LLC is identified as the manager of Streeterville Capital LLC, and John M. Fife is the sole member of the manager and signed the filing, tying operational control to a named individual. This clarifies who exercises the reported voting and disposition rights.

The filing also explicitly states the position was not acquired to change control, which is material to governance signaling; no group formation or other parties are identified.






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)






SCHEDULE 13G




Comment for Type of Reporting Person: Reporting person Streeterville Capital, LLC ("Streeterville") has rights, under a Secured Pre-Paid Purchase #1, 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 91,275 shares, which is 9.99% of the 913,664 shares outstanding on September 19, 2025 (as reported in the Issuer's S-1 filed on that date). 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




Comment for Type of Reporting Person: Reporting person Streeterville Management, LLC is the Manager of Streeterville. Streeterville has rights, under a Secured Pre-Paid Purchase #1, 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 91,275 shares, which is 9.99% of the 913,664 shares outstanding on September 19, 2025 (as reported in the Issuer's S-1 filed on that date). 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




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 Secured Pre-Paid Purchase #1, 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 91,275 shares, which is 9.99% of the 913,664 shares outstanding on September 19, 2025 (as reported in the Issuer's S-1 filed on that date). 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



Streeterville Capital LLC
Signature:John Fife
Name/Title:President
Date:10/03/2025
Streeterville Management, LLC
Signature:John Fife
Name/Title:President
Date:10/03/2025
John M. Fife
Signature:John Fife
Name/Title:John Fife
Date:10/03/2025

FAQ

What stake did Streeterville report in PMGC Holdings (ELAB)?

The filing reports beneficial ownership of 91,275 shares, equal to 9.99% of the 913,664 shares outstanding cited in the S-1.

Who are the reporting persons on the Schedule 13G/A?

The report is filed by Streeterville Capital LLC, Streeterville Management LLC, and John M. Fife.

Under what arrangement does Streeterville hold the shares?

The shares are held under a Secured Pre-Paid Purchase #1 agreement that includes a 9.99% ownership cap.

Does the filing indicate control or intent to influence PMGC Holdings?

No; the certification states the securities were not acquired to change or influence control of the issuer.

What voting and dispositive powers are reported?

The filing reports sole voting power and sole dispositive power over the 91,275 shares.
PMGC Holdings

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