PMGC Holdings Signs Non-Binding Letter of Intent to Acquire Majority Stake in U.S.-Based Precision Machining Manufacturing Company Serving Aerospace, Space, Defense, and Semiconductor Markets

PMGC Holdings Inc. (NASDAQ: ELAB) announced a non-binding letter of intent to acquire a 76% controlling stake in an Arizona-based precision machining and contract manufacturing company for cash. The target company generated approximately $5.46 million in revenue and $1.05 million in EBITDA for fiscal year 2025, with over 20% adjusted EBITDA margins. The acquisition aligns with PMGC's roll-up strategy in U.S.-based manufacturing and would expand capabilities in aerospace, defense, and semiconductor markets. The transaction is subject to due diligence, financial audit completion, and customary closing conditions, with expected closure before Q4 2026.

06/01/2026, 7:31 AM • Benzinga

NorthStrive® Companies Inc. Co-Advises on Acquisition of A&B Aerospace, Inc.

NorthStrive Companies Inc. served as co-advisor to PMGC Holdings Inc. in its successful acquisition of A&B Aerospace, Inc., a California-based precision aerospace manufacturing company founded in 1948. The transaction closed on May 12, 2026, and involved the purchase of 100% of A&B Aerospace's shares on a cash-free, debt-free basis. NorthStrive provided financial advisory, due diligence coordination, legal execution, and post-close transition services.

05/18/2026, 1:43 PM • Benzinga

PMGC Grabs Precision Parts Maker Serving Boeing, Honeywell

PMGC Holdings (NASDAQ: ELAB) acquired California-based A&B Aerospace for $4.5 million, marking its fifth acquisition in 12 months. A&B Aerospace, founded in 1948, manufactures high-tolerance aerospace and defense parts for customers including Boeing and Honeywell. The acquisition supports PMGC's strategy to build an AS9100D-certified CNC machining platform. PMGC shares rose 10.87% in premarket trading following the announcement.

05/13/2026, 8:42 AM • Benzinga

PMGC Holdings (NASDAQ: ELAB) Acquires A&B Aerospace, Inc.

PMGC Holdings Inc. (NASDAQ: ELAB) has acquired A&B Aerospace, Inc., a precision machining and aerospace manufacturing company, for a base purchase price of $4.5 million. This marks PMGC's fifth acquisition in the past twelve months as part of its roll-up strategy in U.S.-based precision manufacturing. A&B Aerospace generated approximately $5.0M in revenue and $610K in management-adjusted EBITDA over the trailing twelve months ended February 28, 2026, and serves Tier 1 customers including Boeing, Honeywell, and Moog.

05/13/2026, 4:03 AM • Benzinga

Univest Securities, LLC Announces a $40 Million Equity Line Facility for its Client PMGC Holdings, Inc. (NASDAQ: ELAB)

Univest Securities closed a $40 million equity line facility for PMGC Holdings Inc. (NASDAQ: ELAB), a diversified holding company focused on precision manufacturing roll-ups. The facility includes an initial tranche of $10 million, with shares offered privately under Regulation D and subject to SEC registration for resale.

04/21/2026, 5:00 PM • GlobeNewswire

Why PMGC Shares Are Rocketing On Wednesday?

PMGC Holdings (NASDAQ: ELAB) shares surged 20.89% in premarket trading after fully utilizing its $20 million equity financing facility from Streeterville Capital. The company has made four strategic acquisitions across aerospace, defense, and medical sectors since July 2025, strengthening its position in precision manufacturing and specialty packaging. However, the stock remains down 98.86% over the past 12 months and trades significantly below its 50-day moving average, reflecting a challenging long-term trend despite recent positive momentum.

04/08/2026, 11:59 AM • Benzinga

Why Are PMGC Shares Tumbling On Tuesday?

PMGC Holdings shares fell 9.37% in premarket trading on Tuesday as investors digest the company's announcement that its NorthStrive Defense Tech subsidiary secured an exclusive option agreement for novel drone technology. While the deal aims to strengthen payload transport capabilities amid rising global defense spending, the stock's dramatic 98.88% decline over the past 12 months and technical weakness—trading 91.9% below its 100-day moving average—suggest continued market skepticism about the company's ability to execute this new defense-tech strategy without diverting focus from its core healthcare businesses.

04/07/2026, 9:13 AM • Benzinga

What's Going On With PMGC Stock Monday?

PMGC Holdings (NASDAQ: ELAB) shares fell 14.34% in premarket trading Monday following the announcement that its subsidiary NorthStrive Defense Tech secured an exclusive option agreement for novel drone technology. The company has the right to develop commercialization strategies and secure funding, with potential to negotiate a binding licensing agreement. While the technology targets critical defense gaps, the company cautioned that successful commercialization is not guaranteed.

04/06/2026, 8:58 AM • Benzinga

PMGC Holdings Dips 50% After Massive Rally: What's Going On With ELAB Stock

PMGC Holdings (NASDAQ: ELAB) experienced extreme volatility, surging 133% to $14.00 during regular trading before plummeting 50% to $7.00 in after-hours trading. The swing followed the company's announcement of a $4.55 million common stock issuance to Streeterville Capital under its $20 million equity line of credit, marking the fourth draw since September 2025. Investors reacted negatively to concerns about share dilution from future issuances.

04/02/2026, 1:34 AM • Benzinga

SVM Machining, Inc. Secures ITAR Registration, Enabling Entry into U.S. Defense Manufacturing Contracts

PMGC Holdings Inc.'s subsidiary SVM Machining, Inc. has completed ITAR registration and achieved compliance with U.S. export-control standards. This milestone enables SVM to pursue defense and aerospace contracts and enhances its eligibility as a qualified supplier to Tier 1 defense contractors and aerospace manufacturers, supporting PMGC's strategy to expand into high-value defense-related manufacturing.

03/24/2026, 7:00 AM • GlobeNewswire

PMGC Holdings Inc. Announces Anticipated Reverse Stock Split

PMGC Holdings Inc. (NASDAQ: ELAB) announced a 1-for-6 reverse stock split effective March 10, 2026, consolidating every 6 shares into 1 share. The split will reduce outstanding shares from approximately 3.2 million to 541,461 shares. The company's trading symbol remains 'ELAB' with a new CUSIP number. Shareholders will receive one full share for any fractional portions, and the split does not impact overall shareholder equity value.

03/04/2026, 5:30 PM • GlobeNewswire

$30M Revenue Rocket, Super Spiders, and Biotech Patent Blitz Launch Morning Momentum

Small- and mid-cap stocks are gaining momentum on execution milestones and transformative deals. Interactive Strength surged 40% after acquiring Ergatta to boost revenue guidance by 50%. Kraig Biocraft Laboratories activated its 2026 production program for spider silk manufacturing. Theriva Biologics out-licensed an asset to focus on its pancreatic cancer program, while PMGC Holdings' subsidiary filed patents for animal health applications.

02/19/2026, 11:00 AM • GlobeNewswire

GB Capital Ltd. Co-Advises on the Acquisition of SVM Machining, Inc.

GB Capital Ltd. served as co-advisor to PMGC Holdings Inc. (NASDAQ: ELAB) in its acquisition of SVM Machining, Inc., a Northern California-based CNC precision machining company. The acquisition closed on February 2, 2026, and supports PMGC's strategy of building a scaled, multi-site U.S. precision manufacturing platform. GB Capital is providing post-closing transition and integration services.

02/12/2026, 4:30 PM • Benzinga

NorthStrive® Companies Inc. Co-Advises on Acquisition of SVM Machining, Inc.

NorthStrive Companies Inc. served as co-advisor to PMGC Holdings Inc. in its successful acquisition of SVM Machining, Inc., a Northern California-based precision manufacturing company founded in 1985. The transaction closed on February 2, 2026, and represents part of PMGC's U.S. manufacturing roll-up strategy. NorthStrive provided financial advisory, due diligence coordination, legal execution, and post-close transition services.

02/04/2026, 4:43 PM • Benzinga

PMGC Holdings Inc. Announces the Acquisition of SVM Machining, Inc.

PMGC Holdings Inc. (NASDAQ: ELAB) has completed the acquisition of SVM Machining, Inc., a Northern California-based ISO 9001:2015 certified CNC precision machining company founded in 1997. The acquisition, valued at a base purchase price of $2.25 million in cash with potential earnout consideration, represents PMGC's third California-based CNC machine shop acquisition and expands its precision manufacturing platform serving aerospace, defense, medical, and industrial sectors. SVM reported revenue of $3.04 million for fiscal year 2024.

02/03/2026, 7:30 AM • Benzinga