PMGC Holdings Inc. (NASDAQ: ELAB) ("PMGC" or the "Company"), a diversified public holding company, announces that PMGC Capital LLC, the Company’s investment arm, has completed a subscription for common shares in Orbit2Orbit Pty Ltd ("Orbit2Orbit"), an Australian space technology company developing in-space logistics and infrastructure. The investment was made as part of Orbit2Orbit’s private placement financing in connection with its proposed listing on the Canadian Securities Exchange through a reverse takeover ("RTO") transaction.

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