PMGC Holdings to Execute 1-for-4 Reverse Split Reducing Outstanding Shares to ~503,713

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PMGC Holdings will implement a 1-for-4 reverse stock split at 9:00 am Eastern on January 6, 2026, reducing its issued and authorized common shares from approximately 2,014,852 to 503,713. Outstanding stock awards, options and warrants will be proportionally adjusted and the new CUSIP 73017P409 issued, with fractional holders receiving full shares.

1. Reverse Stock Split Implementation

PMGC Holdings Inc. executed a 1-for-4 reverse stock split of its common stock, effective January 6, 2026. Under the terms, every four issued and outstanding shares were consolidated into one share, with no action required by shareholders. Fractional shares were rounded up, ensuring each fractional position converted into a full share. The company’s trading symbol remains ELAB, while its CUSIP number has been updated to 73017P409.

2. Outstanding Shares and Equity Adjustments

Immediately prior to the split, ELAB had approximately 2,014,852 shares of common stock issued and outstanding. Following the split, this count is expected to decrease to about 503,713 shares, subject to customary rounding adjustments. All outstanding stock awards, options, warrants and shares reserved under the equity incentive plan will be proportionally adjusted to reflect the new share count and exercise prices.

3. Investor Considerations and Market Perception

ELAB’s stock has experienced extreme volatility over the past year, with intraday swings spanning two orders of magnitude. The board anticipates that a higher share price and reduced share count will enhance liquidity, attract institutional interest and improve compliance with listing requirements. With a market capitalization near $683,000 and average daily volume exceeding 700,000 shares, management believes the reverse split will strengthen market perception and support longer-term shareholder value.

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