NEWPORT BEACH, Calif., April 17, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (NASDAQ:ELAB) ("PMGC" or the "Company"), a diversified holding company executing a targeted roll-up strategy in U.S.-based precision manufacturing, today announced its entry into a $40 million equity purchase facility (the "Facility") with an institutional investor. The initial tranche of approximately $10 million is expected to be funded at closing, anticipated today. The Company may draw additional amounts at its sole discretion over a 24-month commitment period and require the investor to purchase shares of common stock from the Company equal to the funded amounts and under subsequent pre-paid purchases, subject to certain terms and conditions. Full details of the transaction, including copies of the definitive agreements, will be filed with the SEC on a Current Report on Form 8-K.

The Aerospace and Defense Manufacturing Roll-Up Strategy & Long-Term Opportunity

PMGC has completed four acquisitions over the past twelve months, assembling a growing portfolio of ITAR-registered, AS9100D-certified precision CNC machining businesses alongside a specialty IT hardware packaging company serving data center and AI infrastructure customers. The Facility provides PMGC with committed, flexible capital to continue building its U.S. precision manufacturing platform through accretive acquisitions and organic investment across aerospace, defense, and industrial end markets.

PMGC's long-term strategy is to build a scaled, vertically integrated precision manufacturing platform capable of serving mission-critical supply chains across defense, aerospace, and next-generation infrastructure. The Company intends to grow through continued acquisitions, operational integration, and targeted investments in automation, workforce development, and advanced ...