PMGC Holdings Inc. executed a 1-for-4 reverse stock split of its common shares, effective January 6, 2026. Under the corporate action, every four pre-split shares were exchanged for one post-split share, and shareholders holding fractional interests received one full share for each fractional entitlement. The company’s CUSIP was updated to 73017P409, while the NASDAQ trading symbol remained ELAB. This move follows a period in which the stock experienced extreme volatility—at times trading in the under-$2 range and surging into triple-digit territory—prompting management to seek a higher per-share trading level and improved perception among institutional and retail investors. The split did not alter the company’s market capitalization of approximately $683,010 or its daily trading volume of roughly 741,689 shares, but it is designed to reduce share count, stabilize trading patterns and broaden the potential investor base.

On November 6, 2025, ELAB’s investment subsidiary, PMGC Capital LLC, closed a non-controlling equity investment in Nuclea Energy Inc., a developer of Micro Modular Reactors (MMRs). The acquisition reflects PMGC Capital’s focus on long-term secular growth in advanced nuclear technologies, particularly small and micro modular reactors poised to support energy security, data centers and grid stability. Industry forecasts project the global SMR/MMR market to expand from about $7.5 billion in 2025 to over $16 billion by 2034, representing an approximate 9% compound annual growth rate. Nuclea Energy’s Morpheus micro reactor, targeting off-grid applications including remote communities, mining operations and military installations, aligns with PMGC’s strategy to back scalable, low-carbon energy solutions. Through this partnership, ELAB aims to leverage Nuclea’s technology progress and regulatory milestones in North America, potentially enhancing shareholder value as the MMR sector advances toward commercialization.