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.