PMGC Holdings Inc. Signs Letter of Intent to Acquire Profitable U.S.-Based AS9100D & ISO 9001:2015 Certified CNC Machine Shop Serving Aerospace, Defense, and Industrial Markets for over 35 years

Core Viewpoint - PMGC Holdings Inc. has signed a non-binding Letter of Intent to acquire a cash-flow positive CNC machining company in California, which has over 35 years of operational history [1] About the Target Company - The target company specializes in precision milling, turning, mold manufacturing, and works with exotic metals such as titanium and Inconel [2] - It holds AS9100D and ISO 9001:2015 certifications, which are essential for major aerospace and defense contractors [2] - In 2024, the target generated approximately $1.4 million in revenue and $215,000 in adjusted EBITDA [3] Strategic Rationale - The acquisition aligns with PMGC's strategy of acquiring U.S.-based, cash-flow-positive manufacturing businesses with strong fundamentals and growth potential [4] - The target's established customer relationships and reputation for quality are seen as significant advantages [4] - Recent geopolitical dynamics and supply chain vulnerabilities are expected to accelerate efforts to rebuild American manufacturing capabilities, benefiting companies like the target with necessary certifications [4] - Demand for qualified U.S.-based suppliers is increasing as defense and industrial clients prioritize secure, high-quality domestic partners [4] Company Overview - PMGC Holdings Inc. is a diversified holding company focused on managing and growing its portfolio through strategic acquisitions across various industries [6] - The company currently has three wholly owned subsidiaries: Northstrive Biosciences Inc., PMGC Research Inc., and PMGC Capital LLC [6] - This acquisition marks PMGC's third pending acquisition since April 2025, indicating a robust M&A strategy with more deals expected [7]