Streeterville Capital LLC Reports 9.99% Stake in PMGC Holdings Inc. via Amended Schedule 13G
On May 27, 2026, Streeterville Capital LLC, along with Streeterville Management LLC and John M. Fife, filed a Schedule 13G/A reporting a significant stake in PMGC Holdings Inc. (ticker: ELAB). The reporting persons disclosed beneficial ownership of 453,920 shares of common stock, representing 9.99% of the shares outstanding. This position was acquired through rights under Securities Purchase Agreements dated September 23, 2025, and April 16, 2026, involving various Pre-Paid Purchases. The filing notes that while the reporting persons have rights to an aggregate number of shares that would otherwise exceed this amount, they are subject to a contractual ownership cap of 9.99%. John M. Fife, as the sole member of Streeterville Management LLC (the manager of Streeterville Capital LLC), maintains indirect beneficial ownership and sole voting and dispositive power over the reported shares. The filing indicates that the securities were not acquired for the purpose of changing or influencing the control of the issuer.