Full Press Release Details
PMGC Holdings Inc. Announces AGA Precision Systems LLC's ITAR
(International Traffic in Arms Regulations) Registration Approval
Newport Beach, CA - October 30, 2025, PMGC Holdings Inc.
(NASDAQ: ELAB) ("PMGC" or the "Company"), a diversified public holding company executing a targeted roll-up strategy
in U.S.-based manufacturing, is pleased to announce that its wholly owned subsidiary, AGA Precision Systems LLC ("AGA Precision
Systems" or "AGA"), has completed International Traffic in Arms Regulations (ITAR) registration and is in compliance
with ITAR. The ITAR is administered by the U.S. State Department's Directorate of Defense Trade Controls, which controls the export
and import of defense articles and services.
The ITAR registration further enables AGA to pursue defense and aerospace
programs that require compliance with U.S. export-control standards. This milestone enhances AGA's eligibility as a qualified supplier
to Tier 1 defense contractors and aerospace OEMs and supports the Company's broader strategy of expanding into high-value, defense-related
AGA Precision Systems, with manufacturing
sites in Santa Ana and Hawthorne California, provides advanced CNC machining, and engineering services for complex metal and composite
components used in aerospace, defense and industrial applications.
About AGA Precision Systems LLC
AGA Precision Systems LLC is a specialized
CNC machine shop focused on high-tolerance milling, turning, mold manufacturing, and machining of complex metals including titanium and
Inconel. The company serves customers across the aerospace, defense, and industrial sectors, delivering precision components to demanding
technical specifications.
Founded over a decade ago, AGA has built a
strong reputation for quality and reliability, having grown its business exclusively through referrals and repeat orders without a formal
sales or marketing function. Its long-standing customer relationships and niche capabilities have supported consistent operating profitability
from its base in California.
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, 2024, filed with the SEC on March 28, 2025, 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.