ELAB PMGC Holdings Inc.
Price Chart
Executive Summary
PMGC Holdings acquired A&B Aerospace for $4.5M in cash, marking its fifth acquisition in 12 months as part of a roll-up strategy in precision manufacturing. A&B generated ~$5.0M in revenue and ~$610K in adjusted EBITDA over the trailing twelve months, implying a ~0.9x revenue multiple. The deal adds AS9100D-certified capacity serving Boeing, Honeywell, and Moog, but PMGC's $8M market cap and history of negative stock reactions to prior filings signal high execution risk.
Key Financial Metrics
Actionable Insight
The acquisition is small relative to PMGC's $8M market cap and fits the stated roll-up strategy, but the company's history of negative stock reactions to prior filings (avg T+20 return -54%) suggests limited investor confidence. Monitor for integration updates and future acquisitions to assess scalability; the deal alone is unlikely to move the stock materially.
Key Facts
- Acquired A&B Aerospace for $4.5M in cash, with $4.275M paid at closing and $225K indemnification holdback.
- A&B Aerospace reported ~$5.0M revenue and ~$610K management-adjusted EBITDA for TTM ended Feb 28, 2026.
- This is PMGC's fifth acquisition in the past twelve months, advancing its roll-up strategy in precision manufacturing.
- A&B serves Tier 1 customers including Boeing, Honeywell, and Moog, with AS9100D and ISO 9001:2015 certifications.
- Jack Badeau, A&B's President, will continue in his role under an employment agreement.
Financial Impact
Purchase price of $4.5M represents ~0.9x trailing revenue of $5.0M and ~7.4x trailing adjusted EBITDA of $610K.
Risk Factors
- Integration risk: PMGC has limited track record of successfully integrating multiple acquisitions.
- Financing risk: $4.5M cash outlay may strain PMGC's balance sheet given its $8M market cap.
- Customer concentration: A&B's reliance on Boeing, Honeywell, and Moog exposes it to aerospace cyclicality and supply chain disruptions.
- Historical underperformance: Prior PMGC filings have consistently led to negative stock moves, indicating market skepticism.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3293695 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
5d ago
|
Press Release
| $1.52 awaiting T+5 | awaiting T+5 | — | $1.47 (−3.29%) |
|
Jun 5, 2026
7d ago
|
8-K
| $1.55 awaiting T+5 | awaiting T+5 | — | $1.47 (−5.16%) |
|
Jun 1, 2026
12d ago
|
Press Release
| $1.77 $1.54 | ▼ −12.99% | ▼ −10.24% | $1.47 (−16.95%) |
|
May 13, 2026
4w ago
|
8-K
| $1.98 $1.75 | ▼ −11.62% | ▼ −10.46% | $1.47 (−25.76%) |
|
May 13, 2026
4w ago
|
Press Release
| $1.98 $1.75 | ▼ −11.62% | ▼ −10.46% | $1.47 (−25.76%) |
|
Apr 23, 2026
7w ago
|
8-K
| $2.94 $2.53 | ▼ −13.95% | ▼ −15.42% | $1.47 (−50.00%) |
|
Apr 23, 2026
7w ago
|
Press Release
| $2.94 $2.53 | ▼ −13.95% | ▼ −15.42% | $1.47 (−50.00%) |
|
Apr 21, 2026
7w ago
|
8-K
| $3.29 $2.54 | ▼ −22.80% | ▼ −23.88% | $1.47 (−55.32%) |
|
Apr 20, 2026
7w ago
|
424B5
| $3.29 $2.54 | ▲ +22.80% | ▲ +23.88% | $1.47 (+55.32%) |
|
Apr 17, 2026
8w ago
|
8-K
| $3.28 $2.49 | ▼ −24.09% | ▼ −24.64% | $1.47 (−55.18%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access