New York, April  21, 2026  (GLOBE NEWSWIRE) -- Univest Securities, LLC (&#34;Univest&#34;), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the

ELAB

Univest Securities, LLC Announces a $40 Million Equity Line Facility for its Client PMGC Holdings, Inc. (NASDAQ: ELAB)

ELAB secures $40 million equity line to fuel growth strategy

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, April  21, 2026  (GLOBE NEWSWIRE) -- Univest Securities, LLC (&amp;#34;Univest&amp;#34;), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>PMGC Holdings, Inc. (ELAB) has closed a $40 million equity line facility, with an initial $10 million tranche, aimed at supporting its strategic acquisitions. This funding will enhance ELAB&#039;s roll-up strategy in the precision manufacturing sector, likely positioning them for accelerated growth.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>ELAB secures a $40M equity line facility for growth.</li><li>Initial tranche of $10M will support strategic acquisitions.</li><li>Shares issued under private placement; registration with SEC required.</li><li>Funds will help advance ELAB&#039;s targeted roll-up strategy.</li><li>Univest Securities acted as the exclusive placement agent.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>PMGC Holdings Inc. (ELAB)</strong>: ELAB&#039;s capital raise will enable growth through acquisitions.</li><li><strong>Univest Securities, LLC</strong>: Acted as an investment banker for the equity line offering.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This event falls under Corporate Developments as it emphasizes ELAB&#039;s financial maneuvers to support growth strategies. The securement of significant funding positions the company favorably for strategic advancements in its sector.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The $40M capital infusion validates ELAB&#039;s growth strategy in precision manufacturing.</li><li>Pending registration with SEC could provide liquidity for additional acquisitions.</li><li>Initial $10M tranche could lead to immediate operational improvements.</li><li>Investor sentiment may boost ELAB&#039;s stock price as growth narratives solidify.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>ELAB has secured a $40 million equity line facility.</li><li>Initial drawdown amounts to $10 million.</li><li>Equity line is structured through a private placement.</li><li>Univest Securities served as the sole placement agent.</li><li>SHARES are subject to SEC registration processes.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Invest in ELAB as the new capital could drive significant growth in the next 12 months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">New York, April  21, 2026  (GLOBE NEWSWIRE) -- Univest Securities, LLC ("Univest"), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a $40,000,000 equity line facility with an initial tranche of $10,000,000 (the "Offering") for its client PMGC Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ELAB">ELAB</a>) (the "Company"), a diversified holding company executing a targeted roll-up strategy in U.S.-based precision manufacturing.</p>  <p align="justify">The purchase agreement provides for an equity line of credit under which the Company agreed to issue and sell to the Investor, upon the terms and conditions set forth in the purchase agreement: one or more Secured Pre-Paid Purchases (each, a "Pre-Paid Purchase") and all shares of the Company's common stock, par value $0.0001 (the "Common Stock") issuable under the Pre-Paid Purchases (the "Pre-Paid Shares") in the aggregate purchase amount of up to $40,000,000.</p>  <p align="justify">Univest Securities, LLC acted as the sole placement agent.</p>  <p align="justify">The shares under the equity line were offered and issued in a private placement under Section 4(a)(2) and/or Rule 506(b) of Regulation D under the Securities Act of 1933 and have not been registered under the Securities Act or applicable state securities laws. Accordingly, the shares of common stock may not be offered or sold in the United States unless registration with the Securities and Exchange Commission (the "SEC") or an applicable exemption from such registration requirements.</p>  <p align="justify">The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock.</p>  <p align="justify">This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC&#39;s website at <a href="https://www.globenewswire.com/Tracker?data=4SsE0xMroRrLyIv3uMkEpNncRQJN05pm_PH2JsUF2An8InMGodmwG-_NJyEkxo5w74gUWprOwOWWn6uKJ0iCnQ==" rel="nofollow" target="_blank">www.sec.gov</a>.</p>  <p align="justify"><b>About Univest Securities, LLC</b></p>  <p align="justify">Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally, including brokerage and execution services, sales and trading, market making, investment banking and advisory, and wealth management. It strives to provide clients with value-added service and focuses on building long-term relationships with its clients. As a prominent name on Wall Street, Univest has successfully raised over $1.7 billion in capital for issuers across the globe since 2019 and has completed approximately 100 transactions spanning a wide array of investment banking services in various industries, including technology, life sciences, industrial, consumer goods, etc. For more information, please visit: <a href="https://www.globenewswire.com/Tracker?data=B3STIKyZ9TKG0U4mZBwV-cOIlSYmCgiFBk5PY0We1TyIhIGGIZ-NykhiI5zELMWk-MzHadEBIXk1EP8Y6xLVnw==" rel="nofollow" target="_blank">www.univest.us</a>.</p>  <p align="justify" style="padding-left:0pt;"><b>About PMGC Holdings Inc.</b></p>  <p align="justify" style="padding-left:0pt;">PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit <a href="https://www.globenewswire.com/Tracker?data=DL1fPkfQZfwn7c8Lfa5cNbUW6K4a0ZGh5qpfVLll_sZStEzBl1SdOWWNMGN5ND1ofEw5-Mbq3_akBORorI3Qb8b3qkOTeD6_MPSqrPHpcciRu_aV3iFzCD6MCUI5A2Uhkpohkt4oibxkCXvAwJwdKqgkuGVX4zEqZaLJf_M7bW5UB-q86Jkza3psoictpHF_fotho1h3Tg1E9dZLTbqBDeJVb0euZ7opIeML3UOKDNruYYXWlRk1OLDKaM6p8uOXhHEZXRrsLTHstQ14DoiBrsYXIER6ckdfk999bjqyfMN0t1LmjZiTlMbUu7aY5if3" rel="nofollow" target="_blank">https://www.pmgcholdings.com</a>.</p>  <p><b>Forward-Looking Statements</b></p>  <p align="justify"><i>This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at </i><a href="https://www.globenewswire.com/Tracker?data=4SsE0xMroRrLyIv3uMkEpJDhOaukjMEfWRZYt1k0mgqE5s-pLKzRIY4pXciunEsB1hY1wRZjQ3pINLMKb3b7Fw==" rel="nofollow" target="_blank"><i>www.sec.gov</i></a><i>. Univest Securities LLC and the Company undertake no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.</i></p>  <p><b>For more information, please contact:</b></p>  <p><b>Univest Securities, LLC</b><br></br><b>Edric Guo</b><br></br><b>Chief Executive Officer</b><br></br>75 Rockefeller Plaza, Suite 25A<br></br>New York, NY 10019<br></br>Phone: (212) 343-8888<br></br>Email: <a href="https://www.globenewswire.com/Tracker?data=dWwtiujR62X0QjcFwEWbEFDtFxRiXCaTlCHMFj1NL5iVssqvUZo0i_o5oO7xWpLiF-QMDboiCmT3YpsR3XJ7JQfgTOD5NwO8e8A1znkFTGA=" rel="nofollow" target="_blank">info@univest.us</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY5NDE5OCM3NTQ4MDMxIzUwMDA2NDE0MQ=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NjBlZjViYzMtYTc2Mi00ZDk2LWIwNzUtOGU4M2ZlMmZjNGNlLTUwMDA2NDE0MS0yMDI2LTA0LTIxLWVu/tiny/Univest-Securities-LLC.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/95d59530-44ca-4b55-88e9-cedd25bb8a27"><img src="https://ml.globenewswire.com/media/95d59530-44ca-4b55-88e9-cedd25bb8a27/small/original-c18b5644-fc79-4f22-9707-e0974b74e3d3-jpg.jpg" border="0" width="150" height="46" alt="Primary Logo"></img></a></p>

PMGC Holdings, Inc. (ELAB) has closed a $40 million equity line facility, with an initial $10 million tranche, aimed at supporting its strategic acquisitions. This funding will enhance ELAB's roll-up strategy in the precision manufacturing sector, likely positioning them for accelerated growth.

Univest Securities, LLC Announces a $40 Million Equity Line Facility for its Client PMGC Holdings, Inc. (NASDAQ: ELAB)

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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