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PMGC Holdings stock jumps 133% then falls 50% after $4.55M stock issuance announcement

Market News
02 Apr 2026
Tanya Rawat
View Source
Bearish
pluang ai news

PMGC Holdings Inc. shares surged 133% to $14.00 in regular trading before dropping 50% to $7.00 in after-hours following the announcement of a $4.55 million common stock issuance to Streeterville Capital under a $20 million equity line of credit. This issuance is the fourth draw under the agreement signed in September 2025, raising concerns among investors about potential dilution from future share issuances. The shares are issued at 88% of the lowest volume-weighted average price over the prior ten trading days, with Univest Securities acting as placement agent. The stock remains volatile as the market reacts to the equity financing mechanics and dilution risks.

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