PMGC Holdings Inc. Implements Reverse Stock Split

Core Viewpoint - PMGC Holdings Inc. (NASDAQ:ELAB) has executed a reverse stock split to consolidate shares and potentially attract a broader investor base, aiming to stabilize its stock price and enhance market perception [1][5]. Group 1: Reverse Stock Split Details - The reverse stock split consolidates every four shares of common stock into one, effective January 6, 2026 [1][5]. - Shareholders will receive one full share for each fractional portion, ensuring no loss in value [2][5]. - The stock's CUSIP number has been adjusted to 73017P409, while the trading symbol remains unchanged [2]. Group 2: Stock Performance and Market Capitalization - ELAB's current stock price is $1.61, reflecting a 13.38% increase with a $0.19 change [3]. - The stock has fluctuated between $1.38 and $1.6195 on the day of reporting, with significant volatility over the past year, peaking at $398.86 and dropping to $1.38 [3]. - The market capitalization of ELAB is approximately $683 million, with a trading volume of 741,689 shares on the NASDAQ exchange [4].