PMGC Holdings Inc
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PMGC Holdings Inc (ELAB) Stock News
The latest ELAB headlines and market coverage — 2 recent stories, updated throughout the day.
- GlobeNewswire Inc.·
PMGC Holdings Inc. (Nasdaq: ELAB) Secures Five-Year Royalty Stream from Elevai Skincare Sale Under Executed Payment Agreement with Longevity Health Holdings
PMGC Holdings Inc. (Nasdaq: ELAB) has executed a payment agreement with Longevity Health Holdings to convert its 5% net sales royalty from the January 2025 Elevai Skincare divestiture into scheduled monthly cash payments through August 2031. The agreement covers the 2025 royalty of $94,937 and all future royalty payments, with installments of $10,000 per month starting October 2026, interest accruing at WSJ Prime plus 1%, and mandatory prepayments triggered by capital events.
- 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.