Full Press Release Details
Holdings Inc. Announces Reverse Stock Split Effective January 6, 2026
NEWPORT BEACH, Calif., January 5, 2026 (GLOBE
NEWSWIRE) -- PMGC Holdings Inc. (NASDAQ: ELAB) ("PMGC" or the "Company") today announced that, as previously disclosed
on January 2, 2026, 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:
Impact on Shareholders:
Impact on our Common Stock:
Immediately prior to the reverse stock split,
the Company has approximately 2,014,852 shares of common stock issued and outstanding. Following the effectiveness of the reverse stock
split on January 6, 2026, the Company expects to have approximately 503,713 shares of common stock issued and outstanding, subject to
adjustment for rounding and other customary adjustments.
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 Holdings'
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.