Elevai Labs(US:ELAB) Globenewswire·2025-12-04 15:57Core Insights - PMGC Holdings Inc. congratulates General Enterprise Ventures, Inc. on its uplisting to the NYSE American, marking a significant corporate milestone that enhances visibility and access to institutional capital [1][2] Company Overview - PMGC Holdings, through its subsidiary PMGC Capital, is an investor in General Enterprise Ventures, which focuses on environmentally safe fire-prevention technologies [2] - General Enterprise Ventures owns the CitroTech family of innovative fire prevention solutions, recognized for its effectiveness and environmental safety [10] Market Dynamics - The global fire prevention and suppression industry is expanding, driven by increasing demand for safer and environmentally sustainable technologies [3] - The CitroTech products are strategically positioned to benefit from this market expansion by providing non-toxic, rapidly deployable fire-inhibition solutions [3] Product Certifications and Accreditations - CitroTech is the only fire inhibitor recognized under the U.S. EPA's Safer Choice program, ensuring it meets stringent safety criteria [5] - The technology has received UL GreenGuard Gold certification, indicating its safety for volatile organic compounds (VOCs) [8] Strategic Focus - PMGC Capital's investment in GEVI aligns with its strategy of financing innovation in essential industries with substantial global growth potential [9] - The company targets multiple high-value markets, including industrial infrastructure, wildfire mitigation, and energy storage systems, driven by stricter regulations and increased safety standards [7][9] Innovation and Growth Potential - CitroTech boasts over 80 global patents and 18 environmental accreditations, supporting its long-term growth and market expansion [8][10] - The company's recurring-revenue model and scalable approach further enhance its potential for meaningful long-term growth and value creation [10]