PMGC Holdings Launches First $100M SPAC IPO on Nasdaq

Key Facts

1PMGC Holdings announced the completion of a $100 million SPAC IPO for NorthStrive Acquisition Corp. I on Nasdaq.

2The new SPAC targets acquisitions in aerospace, defense, industrial technology, and critical supply chain sectors.

3PMGC holds a sponsor position of approximately 2.7 million shares, representing 21.4% of Class A shares in the new entity.

PMGC Holdings announced the completion of a $100 million initial public offering for NorthStrive Acquisition Corp. I on the Nasdaq exchange. GlobeNewswire reported that the new special purpose acquisition company (SPAC) targets potential mergers or acquisitions within the aerospace, defense, industrial technology, and critical supply chain sectors.

PMGC holds a sponsor position of approximately 2.7 million shares, representing 21.4% of Class A shares in the new entity. Regarding related equity performance, ELAB closed at $3.54 on September 30, 2026, while NDAQ, the operator of the Nasdaq exchange, closed at $92.01 on the same date.