PMGC highlights ‘strong’ capital position

PMGC (ELAB) Holdings highlighting its financial position and ongoing commitment to executing its strategic priorities through its operating subsidiaries. As of February 25, 2025, PMGC’s capital structure is as follows: Common Shares Outstanding: 4,042,295. Stock Options Outstanding: 4,931 shares of Common Stock issuable upon the exercise of outstanding stock options with a weighted-average exercise price of $304 per share. Warrants Outstanding: 979,814 shares of Common Stock issuable upon the exercise of outstanding warrants with a weighted-average exercise price of $4.91 per share, including: 969,386 shares issuable upon the exercise of warrants with an exercise price of $2.75 per share. All warrants are standard, “plain vanilla” warrants with no ratchet provisions. Debt: The Company has zero debt. Short Interest: As of January 31, 2025, the short interest in the Company was 334,969 shares, according to The Nasdaq Stock Market. Recent Capital Raises: September 2024 – The Company raised $8.0 million in gross proceeds via an S-1 offering of common stock, pre-funded warrants and Series A and Series B warrants. All warrants associated with this raise have been exercised. Filing here: XBRL Viewer; January 2025 – The Company received approximately $1.9 million in gross proceeds via a warrant inducement offering with certain institutional investors. PMGC believes it currently has a strong capital position and is poised to continue executing its strategic priorities through its operating subsidiaries