SCHEDULE: Streeterville Capital Discloses 9.9% Stake in PMGC Holdings

Streeterville Capital LLC, along with its management entities, reported a passive beneficial ownership of 9.9% in PMGC Holdings Inc., totaling 90,452 shares.

Summary

• Streeterville Capital LLC, Streeterville Management, LLC, and John M. Fife reported beneficial ownership of PMGC Holdings Inc. common stock.
• The aggregate amount beneficially owned by each reporting person is 90,452 shares.
• This represents 9.9% of the 913,664 shares outstanding as of September 19, 2025, as reported in the Issuer's S-1 filing.
• The ownership is subject to a contractual cap of 9.9% under a Secured Pre-Paid Purchase #1 agreement.
• The shares were not acquired for the purpose of changing or influencing control of the issuer, indicating a passive investment.

Sentiment

Score: 6

Explanation: The disclosure of a significant passive stake by an institutional investor is generally a neutral to slightly positive signal, indicating external interest without implying immediate operational changes or financial distress. The contractual cap on ownership is a minor limiting factor.

Positives

• A significant institutional investor, Streeterville Capital LLC, holds a substantial stake, indicating potential confidence in PMGC Holdings Inc.
• The ownership is passive, suggesting no immediate intent to disrupt current management or operations.

Negatives

• The contractual cap of 9.9% on Streeterville's ownership limits their ability to increase their stake beyond this threshold, potentially restricting future investment or influence from this specific entity.

Risks

• The existence of a contractual cap on ownership (9.9%) could limit the upside potential from increased institutional investment by Streeterville Capital.
• The specific terms and implications of the 'Secured Pre-Paid Purchase #1' agreement, which dictates the ownership cap, are not fully detailed, potentially obscuring underlying obligations or conditions for PMGC Holdings Inc.

Future Outlook

NA

Management Comments

• The securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

This filing indicates a routine disclosure of a significant passive equity stake by an institutional investor in a publicly traded company. Such disclosures are common and provide transparency regarding major shareholders, which can be viewed positively as a sign of institutional interest in the company's prospects within its sector.

Stakeholder Impact

• Shareholders: Increased transparency regarding a significant institutional holder, potentially boosting confidence. The 9.9% cap might limit future large-scale institutional buying from this specific entity.
• Management: No immediate impact on control or operations due to the passive nature of the investment.

Key Dates

Recommendation

The filing is a routine disclosure of a passive stake by an institutional investor. While the presence of a significant institutional holder can be a positive signal, the filing itself does not provide new fundamental information about PMGC Holdings Inc.'s operations, financial performance, or strategic direction that would warrant a change in investment thesis. The contractual cap on ownership also suggests a limited immediate impact on the company's control structure or future capital activities from this specific investor. Therefore, a 'hold' recommendation is appropriate, awaiting further operational or financial updates from the company.

Keywords

PMGC Holdings Inc., Streeterville Capital LLC, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, Equity Stake, SEC Filing, Shareholder Disclosure