PMGC Holdings Closes Second Secured Pre-Paid Equity Deal

PMGC Holdings ( (ELAB) ) has shared an update.

On January 7, 2026, PMGC Holdings entered into and closed a second secured pre-paid equity purchase with an existing investor under its previously established equity purchase facility, raising $3 million in gross proceeds and approximately $2.73 million in net proceeds after placement and legal fees. The instrument, which carries a $3,278,700 principal amount with an original issue discount and matures on January 7, 2029, allows the investor to require the company to issue shares at a discount to the prevailing market price within set ownership caps, includes options for partial cash settlement if the share price falls below a specified threshold, and contains stringent prepayment premiums and default provisions that could accelerate repayment, increase the outstanding balance, and impose penalty interest, underscoring both the company’s need for flexible funding and the heightened contractual protections afforded to the investor.

The most recent analyst rating on (ELAB) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on PMGC Holdings stock, see the ELAB Stock Forecast page.

Spark’s Take on ELAB Stock

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

The score is primarily held down by weak financial performance (ongoing losses and cash burn) and very bearish technicals (price far below all major moving averages with negative momentum). Positive corporate developments provide some offset, but valuation support is limited due to lack of earnings and no dividend.

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

More about PMGC Holdings

Average Trading Volume: 349,988

Technical Sentiment Signal: Sell

Current Market Cap: $2.81M

For an in-depth examination of ELAB stock, go to TipRanks’ Overview page.