PMGC Holdings Inc. said it today it has entered into a non-binding letter of intent to acquire a 76% controlling interest in a privately held, Arizona based U.S.-based precision machining and contract manufacturing company (NASDAQ: ELAB).
The targeted company was not identified by name.
Based on unaudited financial information provided to Newport Beach-based PMGC, the targeted company generated approximately $5.46 million in revenue and approximately $1.05 million in EBITDA for fiscal year 2025.
