PMGC signs letter of intent to acquire U.S.-based custom IT packaging company

PMGC (ELAB) Holdings announces the signing of a non-binding Letter of Intent, LOI, to acquire a U.S.-based, cash-flow positive information technology custom packaging company. As part of the next phase of the acquisition and to remain compliant with SEC requirements, PMGC has initiated a financial audit of the Target. The Company anticipates signing a definitive agreement and closing the transaction before the end of Q2 2025. Upon closing, the Target will operate as a wholly owned subsidiary of PMGC Holdings. Its current operations team will remain in place and continue leading and growing the business, supported by PMGC’s resources and platform.