SCHEDULE 13G/A: Anson Funds Management LP Discloses 4.9% Passive Stake in PMGC Holdings Inc.

Anson Funds Management LP and its affiliates have filed an amended Schedule 13G, reporting a 4.9% beneficial ownership stake in PMGC Holdings Inc.'s common stock as of December 31, 2024.

Summary

• Anson Funds Management LP, Anson Management GP LLC, Mr. Tony Moore, Anson Advisors Inc., Mr. Amin Nathoo, and Mr. Moez Kassam collectively reported beneficial ownership of 1,060,505 shares of PMGC Holdings Inc. Common Stock.
• This ownership represents 4.9% of the outstanding class of Common Stock.
• The calculation of the 4.9% stake is based on 20,192,114 shares of Common Stock issued and outstanding as of November 13, 2024 (per the Issuer's Form 10-Q), plus 1,060,505 shares receivable upon exercise of warrants, totaling 21,252,619 shares.
• The reported shares include Common Stock underlying outstanding warrants, subject to a beneficial ownership limitation that prevents exercise if it would result in ownership exceeding 4.99%.
• The reporting persons, including Anson Funds Management LP and Anson Advisors Inc. as co-investment advisors, and their principals, share voting and dispositive power over the 1,060,505 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, carrying a neutral sentiment. It neither indicates positive nor negative operational performance for the issuer, but rather a passive investment position by the reporting entities.

Positives

• The disclosure of a significant stake by institutional investors like Anson Funds Management LP can signal confidence in PMGC Holdings Inc. to other market participants.

Future Outlook

The document does not provide any forward-looking statements or guidance from PMGC Holdings Inc. or the reporting persons regarding the issuer's future performance or strategy.

Industry Context

This filing is a standard disclosure of passive beneficial ownership by an investment firm, common in the financial industry for transparency regarding significant holdings in publicly traded companies. It reflects a passive investment strategy, as indicated by the 13G filing type, rather than an activist intent.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, which can influence investor perception and market liquidity.

Key Dates

Keywords

PMGC Holdings Inc., Anson Funds Management LP, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management, SEC Filing, Institutional Investor