Business
PMGC Capital LLC, a subsidiary of PMGC Holdings Inc., Begins to Build Portfolio with Strategic Acquisition of shares in U.S.-Focused Uranium Energy and Fire Prevention Technology Companies
NEWPORT BEACH, Calif., Jan. 31, 2025 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (the “Company” or “PMGC”) (Nasdaq: ELAB) is pleased to announce that its operating
About this update from Pmgc Holdings Inc.
[{"type":"text","content":"NEWPORT BEACH, Calif., Jan. 31, 2025 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (the “Company” or “PMGC”) (Nasdaq: ELAB) is pleased to announce that its operating investment division, PMGC Capital LLC, has begun building its portfolio with strategic investments in the fire prevention technology and the U.S. uranium energy market. These initial investments underscore the Company's commitment to financing innovation in essential industries with significant growth opportunities. Addressing Critical Needs in Energy Security and Fire Prevention PMGC’s investments reflect management’s belief in the growing demand for both sustainable energy solutions and innovative fire prevention technologies. PMGC’s investment in the uranium exploration companies reflects the Company’s commitment to supporting nuclear energy as a reliable, clean power source essential for reducing carbon emissions and meeting the growing demand for sustainable energy in the United States. In the fire prevention sector, PMGC has invested in a US-based company developing environmentally friendly technologies to prevent fire ignition and spread, delivering potential long-term solutions that could save lives and protect real estate. PMGC is committed to providing shareholders with updates as its portfolio expands. Should any individual investment exceed a 4.9% ownership threshold, PMGC will promptly report this and file the required 13D SEC filings as an insider, in accordance with SEC regulatory requirements. About PMGC Capital LLC A multi-strategy investment firm focused on direct investments, strategic lending, and acquiring undervalued companies and assets across diverse markets. Our mission is to identify and seize high-potential opportunities, delivering sustainable growth and maximizing returns on capital. About PMGC Holdings Inc. PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. Currently, our portfolio consists of three wholly owned subsidiaries: Northstrive Biosciences Inc., PMGC Research Inc., and PMGC Capital LLC. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com. Forward-Looking Statements Statements contained in this press releas...