−Removed: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
−Removed: Our Common Stock is currently quoted on The Nasdaq
−Removed: Capital Market under the symbol “ELAB.” We had 438,987 shares of Common Stock issued and outstanding as of December 31, 2024.
−Removed: of Capital Stock
−Removed: As of December 31, 2024, we had 47 holders of
−Removed: our Common Stock.
−Removed: Option Grants
−Removed: As of the date of this Annual Report, options
−Removed: to purchase an aggregate of 699 Common Stock have been granted and 74 Common Stock have been issued under the 2020 Plan.
−Removed: transfer agent for our Common Stock is VStock Transfer, LLC.
−Removed: The transfer agent’s telephone number and address is (212) 828-8436
−Removed: and 18 Lafayette Place Woodmere, New York 11598.
−Removed: date, we have not declared or paid any dividends on our Common Stock.
−Removed: We currently do not anticipate paying any cash dividends in the
−Removed: foreseeable future on our Common Stock.
−Removed: Although we intend to retain our earnings, if any, to finance the exploration and growth of our
−Removed: business, the board of directors of the Company (the “Board) has the discretion to declare and pay dividends in the future.
−Removed: of dividends in the future will depend upon our earnings, capital requirements, and any other factors that our Board deems relevant.
−Removed: March 6, 2024, we received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying
−Removed: the Company that, based on the closing bid price of our Common Stock, for the last 30 consecutive trading days preceding each letter,
−Removed: we were no longer compliant with the minimum bid price requirement for continued listing on the Nasdaq Capital Market.
−Removed: Nasdaq Listing
−Removed: Rule 5450(a)(1) requires listed securities to maintain the Minimum Bid Price Requirement, and Nasdaq Listing Rule 5810(c)(3)(A) provides
−Removed: that a failure to meet the Minimum Bid Price Requirement exists if the deficiency continues for a period of 30 consecutive trading days.
−Removed: Sales of Unregistered Securities
−Removed: Except as set forth below or in a Current Report
−Removed: on Form 8-K, there were no equity securities of the registrant sold by the registrant during the period covered by this Annual Report
−Removed: that were not registered under the Securities Act.
−Removed: reporting companies are not required to provide the information required by this item.
+Added: Market for Registrant’s Common
+Added: Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
+Added: Our Common Stock is currently quoted on The Nasdaq Capital Market under
+Added: the symbol “ELAB.” We had 1,936,757 shares of Common Stock issued and outstanding as of December 31, 2025 (such number of
+Added: Common Stock on a pre-reverse stock split basis, not reflecting the Company’s 1-for-4 reverse stock split which occurred on January
+Added: 6, 2026 and 1-for-6 reverse stock split which occurred on March 10, 2026.
+Added: Holders of Capital Stock
+Added: As of December 31, 2025, we had 40 record holders of our Common Stock.
+Added: Stock Option Grants
+Added: As of December 31, 2025, the Company had no options
+Added: outstanding to purchase Common Stock.
+Added: As of December 31, 2025, no shares of Common Stock were issued under the 2025 Equity Incentive Plan.
+Added: The 2025 Plan superseded the 2020 Plan and outstanding awards made under the 2020 Plan remained outstanding.
+Added: As of December 31, 2025,
+Added: there were 6 options outstanding from the 2020 Plan.
+Added: Transfer Agent
+Added: The transfer agent for our Common Stock is VStock
+Added: Transfer, LLC.
+Added: The transfer agent’s telephone number and address is (212) 828-8436 and 18 Lafayette Place Woodmere, New York 11598.
+Added: To date, we have not declared or paid any dividends on our Common Stock.
+Added: We currently do not anticipate paying any cash dividends in the foreseeable future on our Common Stock.
+Added: Although we intend to retain our
+Added: earnings, if any, to finance the exploration and growth of our business, the Board of Directors has the discretion to declare and pay
+Added: dividends in the future.
+Added: Payment of dividends in the future will depend
+Added: upon our earnings, capital requirements, and any other factors that our Board deems relevant.
+Added: Nasdaq Compliance
+Added: On November 7, 2024,
+Added: we received a letter from Nasdaq (the “Bid Price Deficiency Letter”) granting an exception for us to cure our lack of compliance
+Added: with the bid price requirement in Listing Rule 5550(a)(2) (such rule, the “Bid Price Rule,” and such deficiency of the Bid
+Added: Price Rule, the “Bid Price Deficiency”).
+Added: In the Bid Price Deficiency Letter, Nasdaq permitted our continued listing on Nasdaq
+Added: on the conditions that:
+Added: (1) on or before December 26, 2024, we complete a reverse split at a ratio sufficient to maintain long-term compliance
+Added: with the Bid Price Rule;
+Added: and (2) on or before January 9, 2025, we demonstrate compliance with the Bid Price Rule.
+Added: On January 14, 2025,
+Added: the Company received a letter from Nasdaq (“Compliance Letter”) stating the Company had demonstrated compliance with the Bid
+Added: Recent Sales of Unregistered Securities
+Added: There were no equity securities of the registrant
+Added: sold by the registrant during the period covered by this Annual Report that were not registered under the Securities Act.
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.