Streeterville Capital Discloses 90,452-Share Position in PMGC (9.9%)

Rhea-AI Filing Summary

Streeterville Capital LLC, Streeterville Management LLC and John M. Fife reported beneficial ownership of 90,452 shares of PMGC Holdings Inc. common stock, representing 9.9% of the company's 913,664 outstanding shares as reported in the issuer's S-1. The filing states that Streeterville holds these rights under a secured pre-paid purchase arrangement and that contractual caps limit its ownership to 9.9%.

The report shows sole voting and dispositive power over the 90,452 shares and clarifies that the other reporting persons are related entities and an individual acting as manager and sole member, with no shared voting or dispositive power reported.

Positive

• Clear disclosure of direct and indirect beneficial ownership totaling 90,452 shares
• Quantified stake representing 9.9% of the 913,664 shares outstanding reported in the issuer's S-1
• Contractual ownership cap limits concentration by capping Streeterville's stake at 9.9%
• Sole voting and dispositive power reported for the shares, removing ambiguity about control within the reporting group

Negative

• None.

Insights

Securities Analyst

TL;DR: A single affiliated group discloses a sizeable 9.9% stake capped by contract, with sole voting and dispositive power.

The filing documents that Streeterville Capital directly holds 90,452 shares (9.9% of the outstanding class) and that related entities and an individual report indirect beneficial ownership through manager/control relationships. The ownership arises from a Secured Pre-Paid Purchase arrangement and is contractually capped at 9.9%, which prevents further accumulation absent a cap change. For investors, this clarifies the ownership structure, voting control allocation and limits on potential additional share accumulation from this group.

Corporate Governance Expert

TL;DR: Disclosure is thorough on control and cap; no shared voting power or group formation is claimed.

The statement provides clear identification of the reporting persons, their relationships, and the extent of voting and dispositive authority (sole control over 90,452 shares). It also includes a certification that the shares were not acquired to change or influence control of the issuer. The contractual ownership cap is a governance-relevant feature because it both limits concentration and signals pre-existing agreement terms between the issuer and the reporting party.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

PMGC Holdings Inc.

(Name of Issuer)

Common Stock, $0.0001 par value

(Title of Class of Securities)

73017P300

(CUSIP Number)

09/26/2025

(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)

SCHEDULE 13G

CUSIP No. 73017P300

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 90,452.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 90,452.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

90,452.00

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 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 9.9%. Thus, the number of shares of the Issuer's common stock beneficially owned by Streeterville as of the date of this filing was 90,452 shares, which is 9.9% of the 913,664 shares outstanding on September 19, 2025 (as reported in the Issuer's S-1 filed on that date).

SCHEDULE 13G

CUSIP No. 73017P300

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 90,452.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 90,452.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

90,452.00

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 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 9.9%. Thus, the number of shares of the Issuer's common stock beneficially owned by Streeterville as of the date of this filing was 90,452 shares, which is 9.9% of the 913,664 shares outstanding on September 19, 2025 (as reported in the Issuer's S-1 filed on that date).

SCHEDULE 13G

CUSIP No. 73017P300

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 90,452.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 90,452.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

90,452.00

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 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 9.9%. Thus, the number of shares of the Issuer's common stock beneficially owned by Streeterville as of the date of this filing was 90,452 shares, which is 9.9% of the 913,664 shares outstanding on September 19, 2025 (as reported in the Issuer's S-1 filed on that date).

SCHEDULE 13G

Item 1.
(a)	Name of issuer: PMGC Holdings Inc.
(b)	Address of issuer's principal executive offices: 120 NEWPORT CENTER DRIVE, STE 250, 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.: 73017P300
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: 90,452
(b)	Percent of class: 9.9%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 90,452
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 90,452
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	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.

Streeterville Capital LLC

Signature:	John Fife
Name/Title:	President
Date:	09/29/2025

Streeterville Management, LLC

Signature:	John Fife
Name/Title:	President
Date:	09/29/2025

John M. Fife

Signature:	John Fife
Name/Title:	John Fife
Date:	09/29/2025

FAQ

How many PMGC Holdings Inc. (ELAB) shares does Streeterville Capital LLC beneficially own?

The filing discloses 90,452 shares beneficially owned by Streeterville, representing 9.9% of the reported outstanding common stock.

Does Streeterville have voting control over the ELAB shares it reports?

Yes. The filing states Streeterville has sole voting power and sole dispositive power over the 90,452 shares.

Why is Streeterville's ownership limited to 9.9% of ELAB?

The filing explains a contractual cap under a Secured Pre-Paid Purchase arrangement that limits Streeterville's ownership to 9.9%.

Are other reporting persons parties to this ownership besides Streeterville Capital LLC?

Yes. Streeterville Management LLC and John M. Fife are reporting persons; Streeterville Management is manager of Streeterville and John M. Fife is its sole member.

Does the filing indicate any shared voting or group ownership powers for ELAB shares?

No. The filing reports 0 shared voting power and 0 shared dispositive power for the reported shares.