10:47 AM EST, 03/06/2025 (MT Newswires) -- PMGC Holdings ( ELAB ) said Thursday it plans to implement 1-for-7 reverse stock split in a effort to ensure compliance with Nasdaq's minimum bid price requirement.

The reverse split is slated to take effect at 12 am ET on March 10, the company said.

PMGC ( ELAB ) shares were down by more than 37% in recent trading.

Price: 0.78, Change: -0.45, Percent Change: -36.50