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PMGC Holdings Amends Secondment and Consulting Agreements

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PMGC Holdings Amends Secondment and Consulting Agreements

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PMGC Holdings ( (ELAB) ) has provided an update.

On October 16, 2025, PMGC Holdings Inc. amended its secondment agreements with GB Capital Ltd. and Northstrive Companies Inc., both of which are owned by the company’s executives. These amendments included changes to employee classifications, compensation structures, and reimbursement policies for seconded employees. Additionally, the company introduced milestone-driven bonuses and clarified reimbursement terms for various expenses. The amendments also modified the consulting agreements with these entities, addressing issues such as housing reimbursements, tax responsibilities, and the nature of the consulting relationships, emphasizing the non-employment status and allowing these entities to engage with other clients.

Spark’s Take on ELAB Stock

According to Spark, TipRanks’ AI Analyst, ELAB is a Underperform.

ELEVAI Labs Inc. is rated poorly due to major financial weaknesses, including negative revenue and cash flow issues, which are exacerbated by adverse technical indicators. The lack of favorable valuation metrics further weighs down the stock’s score. The absence of applicable corporate events means no positive catalysts are present to offset these challenges.

To see Spark’s full report on ELAB stock, click here.

More about PMGC Holdings

Average Trading Volume: 1,189,157

Technical Sentiment Signal: Sell

Current Market Cap: $5.12M

Learn more about ELAB stock on TipRanks’ Stock Analysis page.

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