PMGC Holdings Stock Falls on Formation of Defense Technology Unit

Dow Jones

04/03

By Kelly Cloonan

Shares of PMGC Holdings declined after the company said it is forming a unit focused on defense technology, including drones and autonomous systems.

The stock fell 9.1% to $5.20 in after-hours trading on Thursday. Through market close, shares have slid 83% year to date.

The holding company said the new subsidiary, NorthStrive Defense Tech, is meant to help its efforts to acquire and license advanced defense technologies.

The move comes as growing defense spending, regulatory shifts and the rise of unmanned and autonomous systems transform the defense industry. Drone technologies in particular have become an increasingly important part of modern defense infrastructure across surveillance, logistics and tactical deployment, the company said.

Two of PMGC's other subsidiaries already engage with aerospace, defense and space companies. The company plans to accelerate commercialization through its existing customers with the development of the new unit.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 02, 2026 17:19 ET (21:19 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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The company plans to accelerate commercialization through its existing customers with the development of the new unit. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2026 17:19 ET (21:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PMGC Holdings Stock Falls on Formation of Defense Technology Unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPMGC Holdings Stock Falls on Formation of Defense Technology Unit\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-04-03 05:19</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Kelly Cloonan \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of <a href=\"https://laohu8.com/S/ELAB\">PMGC Holdings</a> declined after the company said it is forming a unit focused on defense technology, including drones and autonomous systems. \n</p>\n<p>\n  The stock fell 9.1% to $5.20 in after-hours trading on Thursday. Through market close, shares have slid 83% year to date. \n</p>\n<p>\n  The holding company said the new subsidiary, NorthStrive Defense Tech, is meant to help its efforts to acquire and license advanced defense technologies. \n</p>\n<p>\n  The move comes as growing defense spending, regulatory shifts and the rise of unmanned and autonomous systems transform the defense industry. Drone technologies in particular have become an increasingly important part of modern defense infrastructure across surveillance, logistics and tactical deployment, the company said. \n</p>\n<p>\n  Two of PMGC's other subsidiaries already engage with aerospace, defense and space companies. The company plans to accelerate commercialization through its existing customers with the development of the new unit. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2026 17:19 ET (21:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4183","symbol_name":"個人用品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2624687774","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2624687774","pubTimestamp":1775164740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of PMGC Holdings declined after the company said it is forming a unit focused on defense technology, including drones and autonomous systems.The stock fell 9.1% to $5.20 in after-hours trading on Thursday. 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Through market close, shares have slid 83% year to date. \n\n\n  The holding company said the new subsidiary, NorthStrive Defense Tech, is meant to help its efforts to acquire and license advanced defense technologies. \n\n\n  The move comes as growing defense spending, regulatory shifts and the rise of unmanned and autonomous systems transform the defense industry. Drone technologies in particular have become an increasingly important part of modern defense infrastructure across surveillance, logistics and tactical deployment, the company said. \n\n\n  Two of PMGC's other subsidiaries already engage with aerospace, defense and space companies. 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