PMGC Holdings Inc. announced a 1-for-3.5 reverse stock split of its common stock.
The marketplace effective date of the split is September 2, 2025, at 9:30 am EST.
The company provided key details of the reverse stock split including the conversion ratio and impact on shareholders.
Conversion Ratio
Every 3.5 shares of common stock will be consolidated into one share, with no action required from shareholders.
Fractional Shares
Shareholders entitled to fractional shares will receive one full share for each fractional portion.
Updated Stock Identifier
The common stock will maintain the trading symbol 'ELAB' but will receive a new CUSIP number 73017P300.
Equity Adjustments
Outstanding stock awards, options, and shares reserved for the equity incentive plan will be adjusted proportionally.
- Shareholders with physical certificates can exchange them through VStock Transfer, LLC.
- The reverse stock split does not impact the overall value of shareholder equity.
- The company expects approximately 677,000 shares of common stock issued immediately after the split.
PMGC Holdings Inc.'s reverse stock split aims to streamline the share structure without impacting shareholder value significantly.