PMGC Holdings Inc.
For the period ended Dec 4, 2025. Filed Oct 27, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Dec 4, 2025 · Filed Oct 27, 2025
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**UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
| Filed by the Registrant | ☒ |
|---|---|
| Filed by a Party other than the Registrant | ☐ |
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
|---|---|
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☒ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material Pursuant to §240.14a-12 |
**PMGC Holdings Inc.
**(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
| ☒ | No fee required. |
|---|---|
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
**NOTICE OF THE 2025 ANNUAL STOCKHOLDERS MEETING
TO BE HELD ONDecember 4, 2025
To the Stockholders of PMGC Holdings Inc.:
You are invited to attend the 2025 Annual Meeting of Stockholders (“Annual Meeting”) of PMGC Holdings Inc. (the “Company,” “PMGC,” “our,” “we,” and “us”), which will be held on Thursday, December 4, 2025, at 9:30 am Pacific Time. This year’s Annual Meeting will be a virtual meeting, conducted solely online atwww.virtualshareholdermeeting.com/ELAB2025. Hosting a virtual meeting will enable our stockholders to attend online and participate from any location around the world.
At the Annual Meeting, you will be asked to act on the following matters:
| 1. | to elect the following director nominees, Braeden Lichti, Graydon Bensler, George Kovalyov, Juliana Daley, and Jeffrey Parry as Directors to serve our Company for the ensuing year or until his or her successors are elected; |
| 2. | to ratify the appointment of HTL International, LLC (“HTL”) as our independent registered public accounting firm for the fiscal year ending December 31, 2025, and to allow our Board of Directors (“Board”) to set the remuneration for HTL; and |
| 3. | to transact such other business as may properly come before the Meeting or any adjournment of postponement thereof. |
Only holders of record of shares of common stock (“Common Stock”) and Series B Preferred Stock (“Series B Preferred Stock”) at the close of business on October 10, 2025 (the “Record Date”) are entitled to receive notice of and to vote at the Annual Meeting or any postponements or adjournments of the meeting. The accompanying proxy statement (“Proxy Statement”) contains details concerning the foregoing items, as well as information on how to vote your shares. We urge you to read and consider these documents carefully.
We are using the “Full Set Delivery” method of providing proxy materials to all stockholders of record. Because we have elected to utilize the “Full Set Delivery” option, we are delivering to all stockholders of record paper copies of the Proxy Statement and form of proxy, as well as providing access to the proxy materials on a publicly accessible website. We began distributing the Proxy Statement, the Notice and proxy card on or about October 27, 2025. The Proxy Statement and the Notice are also available atwww.proxyvote.com.
**Your vote is very important.*Whether or not you plan to attend the Annual Meeting, we encourage you to submit your proxy or voting instructions as soon as possible. *We encourage you to read the Proxy Statement and submit your proxy or voting instructions as soon as possible. You can revoke a proxy at any time prior to its exercise at the Annual Meeting by following the instructions in the Proxy Statement. You can vote your shares electronically via the internet, by telephone or if applicable, by completing and returning the proxy card or voting instruction card. For specific instructions on how to vote your shares, please refer to the instructions on the proxy card you received in the mail, and the additional information in the accompanying Proxy Statement.
Additionally, we note that all applicable Common Stock share numbers, Series B Preferred Stock share numbers, option numbers, warrant numbers, other derivative security numbers and exercise and conversion prices appearing in the Proxy Statement and any related materials have been adjusted. On November 27, 2024, the Company completed a reverse stock split at a 1:200 ratio, pursuant to which of 200 shares of Common Stock prior to the reverse stock split were converted into one share of Common Stock post-reverse split. On March 10, 2025, the Company completed a second reverse stock split at a 1:7 ratio, pursuant to which seven (7) shares of Common Stock prior to the reverse stock split were converted into one (1) share of common stock post-reverse split. On September 2, 2025, the Company completed a reverse stock split at a 1:3.5 ratio, pursuant to which every three and a half shares of Common Stock prior to the reverse stock split were converted into one (1) share of common stock post-reverse split. All current and comparative references to the number of Common Stock, warrants, options, weighted average number of Common Stock, and loss per share have been retrospectively adjusted to give effect to these reverse stock splits. On a combined basis, this reflects retrospectively a reverse stock split of 1: 4,900.
| Dated: October 27, 2025 | By Order of the Board of Directors of PMGC Holdings Inc. |
|---|---|
| Sincerely, | |
| /s/ Braeden Lichti | |
| Braeden Lichti | |
| Non-Employee, Non-Executive Chairman |
NOTE REGARDING FORWARD-LOOKING STATEMENTS
The Proxy Statement contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements may relate to our future financial performance, business operations, and executive compensation decisions, or other future events. You can identify forward-looking statements by the use of words such as “anticipate,” “believe,” “could,” “expect,” “intend,” “may,” “will,” or the negative of such terms, or other comparable terminology. Forward-looking statements also include the assumptions underlying or relating to such statements. We have based these forward-looking statements on our current expectations and projections about future events that we believe may affect our business, results of operations and financial condition.
The outcomes of the events described in these forward-looking statements are subject to risks, uncertainties and other factors described in the section titled “Risk Factors,” and elsewhere, in the reports filed with the U.S. Securities and Exchange Commission. We cannot assure you that the events and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results could differ materially from those expressed or implied in the forward-looking statements. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made except as may be required under applicable securities law.
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**PROXY STATEMENT
FOR THE ANNUAL STOCKHOLDERS MEETING
TO BE HELD ON DECEMBER 4, 2025
TABLE OF CONTENTS
| Page | |
|---|---|
| NOTICE OF THE 2025 ANNUAL STOCKHOLDERS MEETING | |
| NOTE REGARDING FORWARD-LOOKING STATEMENTS | i |
| PROXY STATEMENT | 1 |
| PROPOSAL 1 — ELECTION OF FIVE NOMINEES TO THE BOARD OF DIRECTORS | 5 |
| PROPOSAL 2 — RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025, AND TO ALLOW THE BOARD OF DIRECTORS TO SET THE REMUNERATION FOR HTL | 15 |
| CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT | 15 |
| PROPOSAL 3 — APPROVAL OF THE ADJOURNMENT OF THE ANNUAL MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL PROXIES IN THE EVENT THERE ARE NOT SUFFICIENT VOTES IN FAVOR OF PROPOSALS 1 AND 2 AT THE TIME OF THE ANNUAL MEETING | 16 |
| MANAGEMENT | 17 |
| EXECUTIVE COMPENSATION | 17 |
| DIRECTOR COMPENSATION | 24 |
| SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT | 33 |
| CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE | 35 |
| STOCKHOLDER PROPOSALS AND DIRECTOR NOMINATIONS | 47 |
| WHERE YOU CAN FIND MORE INFORMATION ABOUT PMGC | 48 |
| OTHER MATTERS | 49 |
| APPENDIX A: 2025 EQUITY INCENTIVE PLAN | A-13 |
Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to be Held on December 4, 2025: Pursuant to the rules of the U.S. Securities and Exchange Commission (“SEC”) with respect to the Annual Meeting, we have elected to utilize the “Full Set Delivery” option of providing paper copies of our proxy materials by mail.
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**120 Newport Center Drive, Suite 249
Newport Beach, CA 92660
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.