Reverse split is a mechanical adjustment to meet Nasdaq minimum bid price requirements. Monitor for potential further dilution or capital raises post-split, as the company's $7M market cap and historical stock decline suggest ongoing financial stress.
Price Chart
Executive Summary
PMGC Holdings (ELAB) announced a 1-for-10 reverse stock split effective August 21, 2026, reducing outstanding shares from ~8.1M to ~810K. The move is a routine capital structure adjustment to maintain Nasdaq listing compliance, with no material financial impact on shareholder equity.
Key Facts
- 1-for-10 reverse stock split effective August 21, 2026
- Outstanding shares reduced from ~8,095,835 to ~809,584
- Fractional shares rounded up to one full share
- Trading symbol remains ELAB with new CUSIP 73017P 607
- Stock awards, options, and warrants adjusted proportionally
Financial Impact
No change to overall shareholder equity; share count reduced by 90% with proportional price adjustment
Risk Factors
- Post-split stock may still fail to maintain Nasdaq compliance if price declines again
- Reverse split often precedes dilutive offerings, increasing shareholder dilution risk
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3347841 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 29, 2026 27d ago | Press Release | $3.67 $3.54 | ▼ −3.54% | ▼ −3.34% | $2.61 (−28.88%) |
Sep 18, 2026 5w ago | 8-K | $4.78 $4.42 | ▼ −7.53% | ▼ −9.08% | $2.61 (−45.40%) |
Sep 18, 2026 5w ago | Press Release | $4.78 $4.42 | ▼ −7.53% | ▼ −9.08% | $2.61 (−45.40%) |
Aug 19, 2026 9w ago | Press Release | $0.5603 $0.6100 | ▲ +8.87% | ▲ +9.71% | $2.61 (+365.82%) |
Aug 14, 2026 10w ago | Press Release | $0.9100 $0.8730 | ▼ −4.07% | ▼ −3.59% | $2.61 (+186.81%) |
Jul 29, 2026 12w ago | Press Release | $0.8800 $0.9493 | ▲ +7.88% | ▲ +6.20% | $2.61 (+196.59%) |
Jul 9, 2026 15w ago | 8-K | $1.12 $1.09 | ▼ −2.68% | ▼ −1.91% | $2.61 (+133.04%) |
Jul 1, 2026 16w ago | 8-K | $1.28 $1.18 | ▼ −7.81% | ▼ −7.68% | $2.61 (+103.91%) |
Jun 8, 2026 20w ago | Press Release | $1.59 $1.41 | ▼ −11.32% | ▼ −11.03% | $2.61 (+64.15%) |
Jun 5, 2026 20w ago | 8-K | $1.59 $1.41 | ▼ −11.32% | ▼ −11.03% | $2.61 (+64.15%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers