Highlights

  • PMGC to consolidate every four common shares into one share
  • Trading symbol ELAB unchanged; new CUSIP to take effect
  • Share count expected to reduce to about 503,713 shares outstanding

PMGC Holdings Inc. (NASDAQ:ELAB) announced that it will implement a 1-for-4 reverse stock split of its issued and outstanding common stock, effective at 9:00 a.m. Eastern Time on January 6, 2026. The action follows prior disclosure made by the company on January 2, 2026, and applies to both issued and authorized common shares with a par value of USD 0.0001 per share.

Under the terms of the reverse stock split, every four shares of common stock issued and outstanding will be consolidated into one share, with no action required from shareholders. The same 1-for-4 ratio will apply to the company’s authorized common stock. The reverse split is intended to adjust the number of shares outstanding while maintaining proportional ownership interests.

Although the company’s trading symbol “ELAB” will remain unchanged on NASDAQ, the common stock will begin trading under a new CUSIP number, 73017P409, following the effective date. The company stated that this identifier update is administrative and does not affect trading mechanics beyond recordkeeping.

Fractional shares resulting from the reverse stock split will not be issued. Instead, shareholders entitled to a fractional interest will receive one full share for each fractional portion. The company noted that this approach is designed to simplify post-split share ownership.

Adjustments to Equity Instruments and Warrants

PMGC confirmed that all outstanding equity-linked instruments will be proportionally adjusted to reflect the reverse split. This includes stock awards, stock options, and shares reserved under the company’s equity incentive plan. Similarly, the number of shares underlying outstanding warrants, along with their exercise prices, will be adjusted in line with the 1-for-4 consolidation ratio.

These changes are intended to preserve the relative economic terms of existing equity arrangements while aligning them with the revised share structure.

Shareholder and Outstanding Share Impact

Shareholders holding physical stock certificates may exchange them, if desired, through VStock Transfer, LLC, the company’s transfer agent. The transfer agent is expected to provide detailed instructions for those choosing to exchange certificates, though such action is not required for shareholders holding shares in book-entry or brokerage accounts.

Immediately prior to the reverse stock split, PMGC reported approximately 2,014,852 shares of common stock issued and outstanding. Following the effective date, the company expects the number of issued and outstanding shares to be approximately 503,713, subject to customary rounding adjustments.

ELAB closed at USD 1.61 on January 05, 2026.