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AGA Precision Systems (NASDAQ: ELAB) seals second long-term Tier 1 defense supply deal

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

Rhea-AI Filing Summary

PMGC Holdings Inc. reported that its subsidiary AGA Precision Systems has signed a second long-term supply agreement to manufacture aerospace and defense components for a globally recognized Tier 1 customer. The multi-year agreement formalizes an existing relationship and will govern future purchase orders.

The deal underscores AGA’s ITAR-registered and AS9100-certified precision CNC capabilities and its growing role as a qualified supplier in the U.S. defense supply chain. Management highlights that such long-term agreements can support operational visibility and recurring revenue potential, although the customer’s identity and commercial terms are not disclosed.

The company notes that it will provide additional information if the agreement becomes material under securities laws and reminds readers that statements about future performance and benefits are forward-looking and subject to risks described in its recent Annual Report on Form 10-K.

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Insights

AGA adds a second long-term defense supply deal, but terms remain undisclosed.

AGA Precision Systems, a subsidiary of PMGC Holdings, has executed a long-term agreement with a Tier 1 aerospace and defense company. The contract formalizes an existing multi-year relationship and sets performance standards for quality, delivery, and pricing on precision CNC components.

This is AGA’s second long-term agreement, following an earlier LTA with Turbo-Jet Products announced on March 31, 2026, signaling traction as a qualified supplier in the U.S. defense supply chain. However, the release does not state contract value, volumes, or duration, so the direct financial impact cannot be quantified from this disclosure alone.

The company emphasizes potential benefits such as operational visibility and recurring revenue, but frames them as beliefs and expectations, classifying them as forward-looking statements. Investors must therefore anchor their assessment in future SEC filings, including updates if the agreement becomes material under applicable reporting rules.

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.
Long-Term Agreement financial
"announced the execution of a Long-Term Agreement (“LTA”) with a globally recognized Tier 1"
ITAR-registered regulatory
"AGA Precision Systems LLC (“AGA”), an ITAR-registered and AS9100-certified precision CNC"
ITAR-registered means a company is officially listed with U.S. export-control authorities to handle defense-related products or technical data. For investors, that registration is like a license allowing the business to bid on military and government contracts while also imposing strict rules about who can access its technology; it can open lucrative opportunities but adds compliance costs, export limits and legal risk if rules are breached.
AS9100-certified technical
"an ITAR-registered and AS9100-certified precision CNC aerospace and defense manufacturing"
AS9100-certified means a company has passed an independent audit showing its quality-management system meets the AS9100 standard, which adapts general ISO 9001 rules with extra controls for aerospace and defense — covering safety, traceability, documentation and risk controls. For investors, it signals lower risk of manufacturing errors, easier qualification as a supplier to aircraft and defense customers, and stronger prospects for stable contracts and predictable production, like a factory following a safety-rated recipe with inspection stamps.
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure."
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
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.
Tier 1 aerospace and defense company financial
"with a globally recognized Tier 1 aerospace and defense company."
false 0001840563 CA 0001840563 2026-04-09 2026-04-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
 

 

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): April 9, 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 April 9, 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 April 9, 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: April 9, 2026

 

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

 

2

 

Exhibit 99.1

 

AGA Precision Systems Signs Second Long-Term Supply Agreement to Manufacture Aerospace and Defense Components for a Tier 1 Firm

 

Signing of Second Long-Term Agreement with Major Aerospace and Defense Customer in 2026, Demonstrating Continued Customer Confidence and Contract Momentum

 

NEWPORT BEACH, CA – April 9, 2026 – AGA Precision Systems LLC (“AGA”), an ITAR-registered and AS9100-certified precision CNC aerospace and defense manufacturing company and subsidiary of PMGC Holdings Inc. (Nasdaq: ELAB), today announced the execution of a Long-Term Agreement (“LTA”) with a globally recognized Tier 1 aerospace and defense company. The LTA formalizes an ongoing multi-year supplier-customer relationship and governs future purchase orders issued during its term. This marks AGA’s second long-term agreement with an aerospace and defense customer, following the execution of an LTA with Turbo-Jet Products Co., Inc. announced March 31, 2026, and reflects AGA’s continued progress in establishing its position as a qualified supplier within the U.S. defense supply chain.

 

Under the LTA, AGA will supply precision CNC-manufactured components in support of the customer’s aerospace and defense programs. The arrangement includes defined performance commitments across quality, delivery, and pricing, consistent with the standards required for high-consequence, mission-critical defense applications.

 

Strategic Significance

 

AGA believes securing a long-term agreement with a Tier 1 defense company reflects the maturity of AGA’s precision manufacturing capabilities and its customers’ confidence in AGA’s ability to meet stringent technical and regulatory requirements, including ITAR, and AS9100. AGA believes long-term agreements of this nature provide operational visibility, support recurring revenue potential, and reinforce AGA’s position as a reliable, qualified supplier within the broader U.S. aerospace and defense industrial base.

 

Due to confidentiality obligations and applicable regulatory requirements, including ITAR, AGA is not disclosing the identity of the customer at this time. Should the LTA become material, AGA intends to make additional disclosures in accordance with any applicable reporting obligations; however, no assurance can be given at this time.

 

About AGA Precision Systems LLC

 

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

 

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

 

About PMGC Holdings Inc.

 

PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com.

 

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, 2026, 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 about AGA Precision Systems?

PMGC Holdings announced that its subsidiary AGA Precision Systems signed a second long-term agreement with a Tier 1 aerospace and defense company. The contract covers precision CNC components and formalizes an ongoing multi-year relationship under defined quality, delivery, and pricing commitments.

Why is the new long-term agreement important for AGA Precision Systems?

The agreement highlights AGA’s role as an ITAR-registered, AS9100-certified precision manufacturer for mission-critical defense applications. Management believes long-term agreements can enhance operational visibility, support recurring revenue potential, and strengthen AGA’s position within the U.S. aerospace and defense industrial base.

Does PMGC Holdings disclose the Tier 1 customer’s identity in this ELAB filing?

No, the identity of the Tier 1 aerospace and defense customer is not named. AGA cites confidentiality obligations and regulatory requirements, including ITAR, as reasons for withholding the customer’s name and indicates it may provide further details if the agreement later becomes material.

Are financial terms of AGA’s new long-term defense agreement disclosed?

The announcement does not provide contract value, specific revenue expectations, or order volumes. It focuses on the strategic nature of the long-term agreement, performance standards, and AGA’s positioning as a qualified supplier rather than detailed financial metrics or projections tied to the contract.

How does this new agreement relate to AGA’s prior Turbo-Jet Products contract?

This is AGA’s second long-term agreement, following a previously announced LTA with Turbo-Jet Products on March 31, 2026. Together, the agreements suggest expanding relationships across multiple aerospace and defense customers, reinforcing AGA’s emerging presence in mission-critical U.S. defense supply chains.

What forward-looking risks does PMGC highlight in connection with this agreement?

PMGC notes that statements about expected benefits from the agreement are forward-looking and subject to risks and uncertainties. It refers investors to the Risk Factors section of its Form 10-K for the year ended December 31, 2025, and other SEC filings for a detailed discussion of these risks.

Filing Exhibits & Attachments

4 documents