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ELEVAI Labs Inc. Completes Warrant Inducement Agreement

Story Highlights
  • PMGC Holdings Inc. reduced the exercise price of existing warrants and issued new warrants.
  • The transactions generated $1,668,218.50 in gross proceeds, with Univest receiving a fee.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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ELEVAI Labs Inc. ( (ELAB) ) has issued an update.

On August 22, 2025, PMGC Holdings Inc. entered into a warrant inducement agreement with certain warrant holders, reducing the exercise price of existing warrants and issuing new unregistered warrants. The transactions, completed on August 25, 2025, generated gross proceeds of $1,668,218.50 for the company, with Univest Securities, LLC acting as the exclusive warrant inducement agent, receiving a fee of $146,775.30.

Spark’s Take on ELAB Stock

According to Spark, TipRanks’ AI Analyst, ELAB is a Underperform.

ELEVAI Labs Inc. is rated poorly due to major financial weaknesses, including negative revenue and cash flow issues, which are exacerbated by adverse technical indicators. The lack of favorable valuation metrics further weighs down the stock’s score. The absence of applicable corporate events means no positive catalysts are present to offset these challenges.

To see Spark’s full report on ELAB stock, click here.

More about ELEVAI Labs Inc.

Average Trading Volume: 3,120,128

Technical Sentiment Signal: Sell

Current Market Cap: $3.52M

See more data about ELAB stock on TipRanks’ Stock Analysis page.

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