PMGC Holdings Inc. Announces $1.67M in Gross Proceeds from Warrant Inducement and New Warrant Issuance with Institutional Investors

Reuters
2025.08.22 17:48
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PMGC Holdings Inc. has announced a warrant inducement agreement with institutional investors, leading to the exercise of outstanding warrants issued on January 27, 2025. The investors will acquire 827,900 shares at an amended price of $2.015 per share, generating approximately $1.67 million in gross proceeds. Additionally, new unregistered warrants for another 827,900 shares at $1.89 per share will be issued. Univest Securities, LLC is the exclusive financial advisor for this transaction.

PMGC Holdings Inc. announced a warrant inducement agreement with institutional investors for the exercise of outstanding warrants initially issued on January 27, 2025. The investors will purchase 827,900 shares of PMGC’s common stock at an amended exercise price of $2.015 per share, resulting in approximately $1.67 million in gross proceeds. Additionally, PMGC will issue new unregistered warrants to the investors for the purchase of another 827,900 shares at an exercise price of $1.89 per share. Univest Securities, LLC is the exclusive financial advisor for this transaction. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PMGC Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9516851-en) on August 22, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)