PMGC Holdings Signs Non-Binding Letter of Intent to Acquire Majority Stake in U.S.-Based Precision Machining Manufacturing Company Serving Aerospace, Space, Defense, and Semiconductor Markets

PMGC Holdings Inc. (NASDAQ: ELAB) announced a non-binding letter of intent to acquire a 76% controlling stake in an Arizona-based precision machining and contract manufacturing company for cash. The target company generated approximately $5.46 million in revenue and $1.05 million in EBITDA for fiscal year 2025, with over 20% adjusted EBITDA margins. The acquisition aligns with PMGC's roll-up strategy in U.S.-based manufacturing and would expand capabilities in aerospace, defense, and semiconductor markets. The transaction is subject to due diligence, financial audit completion, and customary closing conditions, with expected closure before Q4 2026.