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PMGC Holdings To Implement 1-For-4 Reverse Stock Split, Effective January 6, 2026

Benzinga·01/02/2026 16:30:52
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PMGC Holdings Inc. (NASDAQ:ELAB) ("PMGC" or the "Company") today announced that it will effect a 1-for-4 reverse stock split (the "Split") of its issued and outstanding and authorized common stock, par value $0.0001 per share ("Common Stock"), effective at 9:00 am, Eastern time, on January 6, 2026.

Key Details of the Reverse Stock Split:

  • Conversion Ratio: Every 4 shares of issued and outstanding Common Stock will be consolidated into one share of Common Stock, and every 4 shares of authorized Common Stock will be consolidated into one share of Common Stock, each with no further action required from shareholders.
  • Fractional Shares: Shareholders entitled to fractional shares will receive one full share for each fractional portion.
  • Updated Stock Identifier: While the trading symbol for the Common Stock will remain "ELAB," the Common Stock will be designated a new CUSIP number 73017P409.
  • Equity Adjustments: Outstanding stock awards, options, and the shares reserved for the equity incentive plan will be adjusted proportionally to reflect the Split.
  • Warrant Share and Exercise Price Adjustments: Shares of Common Stock underlying outstanding warrants and the exercise price of the outstanding warrants will be adjusted proportionally to reflect this stock split.