2020
About Us
PMGC Holdings Inc. is a California based diversified, US publicly‑traded holding company dedicated to acquiring meaningful, cash-flowing businesses in the manufacturing sector. We acquire companies to preserve and grow their legacy over the long term. We operate under a long term “permanent capital” philosophy, empowering businesses to thrive under enduring stewardship minimizing costly transitions and fostering sustained value creation.
Our acquisition model centers on collaboration, not extraction. We prioritize operational continuity keeping founders, families, employees, and management teams deeply involved as a core part of the leadership, supported by our financial resources and platform.
At PMGC, we’re buying and building legacies that last.
Formation of Elevai Labs Inc.
Elevai Labs was incorporated in Delaware, establishing itself as a physician-dispensed skincare company, focused on modernizing aesthetic skincare with innovative stem cell-derived Elevai Exosomes™ products.
2023
Q4
Elevai Labs, Inc. Nasdaq Initial Public Offering (IPO)
On November 20, 2023, Elevai Labs priced its IPO, raising $6 million through the sale of 1.5 million shares of common stock at $4.00 per share. The company began trading on the Nasdaq Capital Market under the ticker symbol "ELAB."
2024
Q2
Initiation of Restructuring with the Launch of two wholly owned subsidiaries Elevai Biosciences, Inc. and Elevai Skincare, Inc.
Elevai Biosciences focused on biopharmaceutical innovations, including obesity-targeting assets EL-22 and EL-32. Elevai Skincare became dedicated to commercializing Elevai's exosome skincare technologies, with an emphasis on scaling and increasing market penetration in the medical skincare industry.
Q4
Parent company Elevai Labs Inc. leadership transition and corporate name change to PMGC Holdings Inc. Announces Pricing of $8.0 Million Public Offering
2025
Q1
The sale of Elevai Skincare to Carmell Corporation
Sold Elevai Skincare to Carmell Corporation, strengthening PMGC's balance sheet, maximizing immediate financial benefit while securing future upside through structured royalties and milestone payments.Note: PMGC Holdings (formerly known as Elevai Labs)
Expands Investment & M&A Efforts, Actively Seeking Acquisitions
Q2
Completes Acquisition of California based IT Packaging Company, Pacific Sun Packaging, with Over $2,000,000 in Combined Revenue for Fiscal Years 2023 and 2024
$1.39 Million in Cash-Flow-Positive Revenue from a CNC Machining, Mold Manufacturing, and Specialty Metals Operation Serving the Aerospace, Defense, and Industrial Markets