PMGC Holdings Inc. Files S-1 for IPO
Ticker: ELAB · Form: S-1 · Filed: Feb 12, 2025 · CIK: 1840563
Sentiment: neutral
Topics: ipo, registration-statement, pharmaceuticals
TL;DR
PMGC Holdings Inc. (fka Elevai Labs) just filed its S-1 for an IPO. Get ready.
AI Summary
PMGC Holdings Inc. filed an S-1 registration statement on February 11, 2025, for its initial public offering. The company, formerly known as Elevai Labs Inc. and Reactive Medical Labs Inc., is incorporated in Delaware and operates in the pharmaceutical preparations sector. Its principal executive offices are located at 120 Newport Center Drive, Suite 250, Newport Beach, CA 92660.
Why It Matters
This S-1 filing indicates PMGC Holdings Inc. is preparing to become a publicly traded company, which could offer new investment opportunities and impact the pharmaceutical preparations market.
Risk Assessment
Risk Level: medium — As an S-1 filing, it represents a company seeking to go public, which inherently carries risks associated with market volatility and the company's unproven public performance.
Key Numbers
- 333-284851 — SEC File Number (Identifies the specific SEC registration)
- 0001840563 — Central Index Key (Unique identifier for the company in SEC filings)
Key Players & Entities
- PMGC Holdings Inc. (company) — Registrant
- Elevai Labs Inc. (company) — Former company name
- Reactive Medical Labs Inc. (company) — Former company name
- 20250212 (date) — Filing date
- 120 Newport Center Drive, Ste. 250 Newport Beach, CA 92660 (address) — Principal executive offices
- Graydon Bensler (person) — Chief Executive Officer
FAQ
What is the primary business of PMGC Holdings Inc.?
PMGC Holdings Inc. operates in the Pharmaceutical Preparations sector, with SIC code 2834.
When was the S-1 filing submitted?
The S-1 registration statement was filed with the U.S. Securities and Exchange Commission on February 11, 2025.
What were PMGC Holdings Inc.'s previous names?
The company was formerly known as Elevai Labs Inc. (name change effective 20211207) and Reactive Medical Labs Inc. (name change effective 20210114).
Where are PMGC Holdings Inc.'s principal executive offices located?
The principal executive offices are located at 120 Newport Center Drive, Suite 250, Newport Beach, CA 92660.
What is the SEC file number for this registration statement?
The SEC file number for this registration statement is 333-284851.
Filing Stats: 4,354 words · 17 min read · ~15 pages · Grade level 13.6 · Accepted 2025-02-12 06:19:01
Key Financial Figures
- $0.0001 — ant Shares") of common stock, par value $0.0001 per share ("Common Stock"), issuable up
- $2.75 — f the Warrants has an exercise price of $2.75 per share and will be exercisable at an
- $2.7 million — oceeds of an aggregate of approximately $2.7 million if the Selling Shareholders exercise al
- $1.70 — ted sales price of the Common Stock was $1.70 per share. Investing in our securities
- $1,938,772, b — gate gross proceeds up to approximately $1,938,772, before deducting expenses payable by the
- $100,000,000 — ring, issuance, and sale by us of up to $100,000,000 of Common Stock, preferred stock, warra
Filing Documents
- ea0229836-s1_pmgchold.htm (S-1) — 3172KB
- ea022983601ex3-1_pmgchold.htm (EX-3.1) — 1KB
- ea022983601ex3-2_pmgchold.htm (EX-3.2) — 115KB
- ea022983601ex3-3_pmgchold.htm (EX-3.3) — 6KB
- ea022983601ex10-1_pmgchold.htm (EX-10.1) — 172KB
- ea022983601ex10-2_pmgchold.htm (EX-10.2) — 36KB
- ea022983601ex10-3_pmgchold.htm (EX-10.3) — 32KB
- ea022983601ex10-4_pmgchold.htm (EX-10.4) — 121KB
- ea022983601ex10-5_pmgchold.htm (EX-10.5) — 118KB
- ea022983601ex10-6_pmgchold.htm (EX-10.6) — 191KB
- ea022983601ex10-7_pmgchold.htm (EX-10.7) — 65KB
- ea022983601ex10-8_pmgchold.htm (EX-10.8) — 38KB
- ea022983601ex10-9_pmgchold.htm (EX-10.9) — 41KB
- ea022983601ex10-10_pmgchold.htm (EX-10.10) — 37KB
- ea022983601ex10-11_pmgchold.htm (EX-10.11) — 192KB
- ea022983601ex10-12_pmgchold.htm (EX-10.12) — 52KB
- ea022983601ex10-13_pmgchold.htm (EX-10.13) — 33KB
- ea022983601ex10-14_pmgchold.htm (EX-10.14) — 30KB
- ea022983601ex10-15_pmgchold.htm (EX-10.15) — 38KB
- ea022983601ex10-16_pmgchold.htm (EX-10.16) — 30KB
- ea022983601ex10-17_pmgchold.htm (EX-10.17) — 10KB
- ea022983601ex10-18_pmgchold.htm (EX-10.18) — 283KB
- ea022983601ex10-19_pmgchold.htm (EX-10.19) — 86KB
- ea022983601ex10-20_pmgchold.htm (EX-10.20) — 93KB
- ea022983601ex10-21_pmgchold.htm (EX-10.21) — 9KB
- ea022983601ex10-22_pmgchold.htm (EX-10.22) — 10KB
- ea022983601ex10-23_pmgchold.htm (EX-10.23) — 55KB
- ea022983601ex10-24_pmgchold.htm (EX-10.24) — 147KB
- ea022983601ex16-1_pmgchold.htm (EX-16.1) — 3KB
- ea022983601ex21-1_pmgchold.htm (EX-21.1) — 2KB
- ea022983601ex23-2_pmgchold.htm (EX-23.2) — 3KB
- ea022983601ex99-1_pmgchold.htm (EX-99.1) — 134KB
- ea022983601ex-fee_pmgchold.htm (EX-FILING FEES) — 36KB
- ex3-1_001.jpg (GRAPHIC) — 374KB
- ex3-1_002.jpg (GRAPHIC) — 79KB
- ex3-3_001.jpg (GRAPHIC) — 1033KB
- ex3-3_002.jpg (GRAPHIC) — 991KB
- ex3-3_003.jpg (GRAPHIC) — 1283KB
- ex3-3_004.jpg (GRAPHIC) — 1138KB
- ex3-3_005.jpg (GRAPHIC) — 1118KB
- ex3-3_006.jpg (GRAPHIC) — 1095KB
- ex3-3_007.jpg (GRAPHIC) — 689KB
- ex3-3_008.jpg (GRAPHIC) — 170KB
- image_001.jpg (GRAPHIC) — 16KB
- ex10-15_001.jpg (GRAPHIC) — 3KB
- 0001213900-25-012352.txt ( ) — 26700KB
- pmgchi-20240930.xsd (EX-101.SCH) — 94KB
- pmgchi-20240930_cal.xml (EX-101.CAL) — 56KB
- pmgchi-20240930_def.xml (EX-101.DEF) — 530KB
- pmgchi-20240930_lab.xml (EX-101.LAB) — 757KB
- pmgchi-20240930_pre.xml (EX-101.PRE) — 559KB
- ea0229836-s1_pmgchold_htm.xml (XML) — 1912KB
RISK FACTORS
RISK FACTORS 8 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS 36
USE OF PROCEEDS
USE OF PROCEEDS 37 DETERMINATION OF OFFERING PRICE 37 DIVIDEND POLICY 37 MARKET INFORMATION 37 PMGC HOLDINGS INC. AND SUBSIDIARIES 38
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 44
BUSINESS
BUSINESS 56 MANAGEMENT 75
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 80 PRINCIPAL STOCKHOLDERS 87 SELLING SHAREHOLDERS 89 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 84
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 91 PLAN OF DISTRIBUTION 95 EXPERTS 96 LEGAL MATTERS 96 WHERE YOU CAN FIND MORE INFORMATION 96 INDEX TO FINANCIAL STATEMENTS F-1 You should rely only on the information contained in this prospectus or any prospectus supplement or amendment. Neither we, nor the placement agent, have authorized any other person to provide you with information that is different from, or adds to, that contained in this prospectus. If anyone provides you with different or inconsistent information, you should not rely on it. Neither we nor the placement agent take responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. You should assume that the information contained in this prospectus or any free writing prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or of any sale of our securities. Our business, financial condition, results of operations and prospects may have changed since that date. We are not making an offer of any securities in any jurisdiction in which such offer is unlawful. No action is being taken in any jurisdiction outside the United States to permit a public offering of our securities or possession or distribution of this prospectus in that jurisdiction. Persons who come into possession of this prospectus in jurisdictions outside the United States are required to inform themselves about and to observe any restrictions as to this public offering and the distribution of this prospectus applicable to that jurisdiction. i ABOUT THIS PROSPECTUS Throughout this prospectus, unless otherwise designated or the context suggests otherwise, all references to the "Company," "PMGC," the "registrant," "we," "our" or "us" in this prospectus mean PMGC Holdings Inc. and its wholly owned subsidiaries, PMGC Capital LLC, Northstrive Biosciences Inc. and PMGC Research Inc.; "year" or "fiscal year" means