02:46 PM EDT, 06/09/2025 (MT Newswires) -- PMGC Holdings ( ELAB ) shares were up 15% on Monday after the company said it signed a letter of intent to acquire a US electronics contract manufacturing company.

Financial details of the deal were not disclosed.

The high-precision electronics manufacturing services provider recorded $699,000 in revenue and $173,000 in adjusted earnings before interest, taxes, depreciation, and amortization in 2024, according to a statement.

Price: 2.49, Change: +0.32, Percent Change: +14.75