Nextpower Announces Definitive Agreement to Acquire Advanced Power Conversion Product Portfolio - Business Wire
Nextpower→Advanced Power Conversion Product Portfolio
May 12, 2026
PMGC Holdings, Inc. (Nasdaq: ELAB) entered into a $40 million equity purchase facility with an institutional investor to support its targeted roll-up strategy in U.S.-based precision manufacturing. The facility includes an initial tranche of approximately $10 million expected to be funded at closing, anticipated April 17, 2026.
PMGC may draw additional amounts at its sole discretion over a 24-month commitment period, with the investor required to purchase shares of common stock equal to funded amounts and under subsequent pre-paid purchases, subject to terms and conditions. PMGC said it has completed four acquisitions over the past 12 months, building a portfolio of ITAR-registered, AS9100D-certified precision CNC machining businesses plus a specialty IT hardware packaging company serving data center and AI infrastructure customers.
Nextpower→Advanced Power Conversion Product Portfolio
May 12, 2026
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May 12, 2026
Kline Hill Partners→Sugar Beets
May 12, 2026
Cimpress→SAXOPRINT and viaprinto
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Unusual Machines→Upgrade Energy
May 11, 2026