4reverse splits
1-for-25,263 cumulative
+230.4%share growth, 1-year
XBRL EDGAR
17.3M → 4.5Mshares issued (XBRL history)
Fresh Supplyfiling state
424B filed ~105d ago

Case Notes

Pmgc Holdings Inc. has 4 reverse splits on record — cumulative 1-for-25,263. Its share count grew 230.4% over the last twelve months per XBRL EDGAR data.

Most recent stress filing: 10-Q on 2026-05-15, flagging Going concern. 4 supply registrations (S-1/424B) landed in the last 12 months.

Registered shares exist to be sold — that is what the S-1 and 424B instruments document. In our research across this filing posture, freshly registered supply is the loaded state of the cycle: the paperwork has created the legal right to place shares into the market. That is not a prediction — it is what the filings say is possible.

Share Count Over Time

XBRL cover-page share counts from SEC EDGAR filings. Amber dashed lines mark reverse-split dates. 4 reverse splits on record.

Reverse Split Log

Each event consolidates shares — fewer shares, same market cap. Source: EDGAR corporate actions.

2024-11-271-for-192.0
2025-03-101-for-7.2
2025-09-021-for-2.8
2026-03-101-for-6.5

Cumulative effective ratio: 1-for-25,263— a share held at inception is now worth 1/25,263 of its original fraction.

Filing Stress Record

Stress-language flags extracted from SEC EDGAR 10-K/10-Q filings. Score 1–10 reflects language intensity.

DateFormScoreFlags
2024-08-1410-Q2/10Going concernListing compliance
2024-11-1410-Q2/10Going concernListing compliance
2025-03-2810-K2/10Going concernCapital need
2025-05-1510-Q1/10Going concern
2025-08-1310-Q2/10Going concernCapital need
2025-11-1410-Q2/10Going concernCapital need
2026-03-3010-K5/10Going concernCapital needATM/ELOCSplit intentListing compliance
2026-05-1510-Q1/10Going concern

Source: public EDGAR records.

424B Supply Pulse

Prospectus supplements (424B5) filed registering shares for resale — each bar is one month with a filing. Bars above average signal active distribution windows. Source: SEC EDGAR.

11 09 03 04 12 01 02 04
2023-112024-092025-032025-042025-122026-012026-022026-04

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