- PMGC Holdings Inc. (ELAB, Financial) successfully completes a registered direct offering.
- The company raised approximately $1.48 million in gross proceeds.
- Univest Securities, LLC served as the exclusive placement agent for the transaction.
PMGC Holdings Inc. Finalizes Direct Offering
PMGC Holdings Inc. (ELAB) recently wrapped up a strategically significant registered direct offering, raising about $1.48 million in gross proceeds. This capital injection came from selling 294,450 shares at a price of $5.04 per share. As a result, PMGC now has an estimated 872,411 shares outstanding. Univest Securities, LLC played a pivotal role as the sole placement agent, facilitating this transaction with expertise.
Key Details of the Offering
In this offering, PMGC Holdings aimed to bolster its financial position by capitalizing on market opportunities. The sale at $5.04 per share reflects investor confidence and positions the company for future growth. Such financial maneuverings are crucial for maintaining competitive strength and enhancing shareholder value.
Univest Securities, LLC: The Trusted Partner
Univest Securities, LLC's involvement as the exclusive placement agent underscores their reputation and capability in executing strategic financial transactions. Their expertise ensures a streamlined process, benefiting both PMGC Holdings and its investors.
