PMGC Shares to Reverse Split on Tuesday

Elevai Labs Inc. stock will undergo a 1-6 reverse split before the market opens on March 10th.

Mar. 6, 2026 at 7:40am

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Shares of PMGC Holdings Inc. (NASDAQ:ELAB), the parent company of skincare brand Elevai Labs, are scheduled to undergo a 1-6 reverse split before the market opens on Tuesday, March 10th. The reverse split was announced on March 4th and will adjust the number of shares owned by shareholders after the market close on Monday, March 9th.

Why it matters

Reverse stock splits are often used by companies to increase their share price and regain compliance with minimum price requirements for stock exchanges. This move by PMGC could help the company maintain its NASDAQ listing, though reverse splits can also signal underlying financial challenges.

The details

PMGC Holdings Inc., which operates the skincare brand Elevai Labs, announced a 1-6 reverse split of its NASDAQ-listed ELAB shares. The reverse split will take effect before the market opens on Tuesday, March 10th, with the number of shares owned by shareholders adjusted after the close on Monday, March 9th.

  • The reverse split was announced on Wednesday, March 4th.
  • The reverse split will take effect before the market opens on Tuesday, March 10th.
  • The number of shares owned by shareholders will be adjusted after the market close on Monday, March 9th.

The players

PMGC Holdings Inc.

The parent company of skincare brand Elevai Labs, which is listed on the NASDAQ exchange under the ticker symbol ELAB.

Elevai Labs, Inc.

A skincare development company that designs, manufactures, and markets skincare products including Empower and Enfinity post-skincare procedure care serums.

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What’s next

The reverse split is expected to take effect before the market opens on Tuesday, March 10th, with the number of shares owned by shareholders adjusted after the close on Monday, March 9th.

The takeaway

This reverse stock split by PMGC Holdings could help the company maintain its NASDAQ listing, though such moves can also signal underlying financial challenges. Investors will be watching to see how the company's stock price and trading volume are impacted by the 1-6 reverse split.