Pelican Acquisition CORP
Market Movers (8-K)
Greenland Energy CEO Robert Price discussed the recent surge in oil prices and the company's plans to drill two wells in Greenland, targeting a 13 billion-barrel oil field.
Better than expected
Pelican Acquisition Corp's merger with Greenland Energy Company moves forward, targeting a Greenland basin with up to 13 billion barrels of oil.
Capital raise
Better than expected
Pelican Acquisition Corporation has adjourned its extraordinary general meeting of shareholders to March 19, 2026, to finalize transaction-related matters.
Delay expected
Greenland Energy Company, formed from the merger of Pelican Acquisition Corporation and Greenland Exploration Limited, announced the appointment of former BP executive Ashiq Merchant as its Chief Financial Officer.
Capital raise
Pelican Acquisition Corporation announced SEC effectiveness for its business combination with Greenland Exploration and March GL, paving the way for a shareholder vote on March 17, 2026.
Pelican Acquisition Corporation and Greenland Energy have secured critical Arctic logistics support from Desgagns for upcoming Jameson Land Basin drilling operations.
Better than expected
Quarterly Earnings (10-Q)
Pelican Acquisition Corporation reported a net income of $514,636 for Q3 2025, while advancing its merger with Greenland Exploration Limited and March GL Company to form Greenland Energy Company.
Capital raise
Pelican Acquisition Corporation announced a definitive merger agreement with Greenland Exploration Limited and March GL Company, forming Greenland Energy Company, valued at $215 million.
Capital raise
Pelican Acquisition Corporation, a blank check company, reported a net loss of $19,553 for the quarter ended April 30, 2025, while successfully completing its initial public offering and over-allotment option post-period, raising $86.25 million for its trust account.
Capital raise
Insider Trading (Form 4)
Greenland Energy CEO Robert Price discussed the recent surge in oil prices and the company's plans to drill two wells this year in Greenland, targeting a 13 billion-barrel oil field.
Worse than expected
Pelican Acquisition Corporation has adjourned its extraordinary general meeting to March 19, 2026, to finalize transaction matters.
Delay expected
Worse than expected
Pelican Acquisition Corporation announces the appointment of Ashiq Merchant, a former BP executive, as Chief Financial Officer of the future Greenland Energy Company, ahead of its planned public market transition.
Capital raise
Pelican Acquisition Corporation announced SEC effectiveness for its business combination with Greenland Exploration and March GL, paving the way for a shareholder vote on March 17, 2026.
Pelican Acquisition Corporation and Greenland Energy Company have secured critical arctic logistics support with Desgagns for upcoming Jameson Land Basin drilling operations.
Better than expected
Pelican Acquisition Corporation's planned merger with March GL aims to unlock Greenland's vast oil potential, drawing attention amid renewed U.S. geopolitical interest in the Arctic territory.
Delay expected
Capital raise
New Public Companies (S-1)
S-1/A: Pelican Acquisition Corporation Files Amendment No. 3 to Form S-1, Aiming for $75 Million IPO
Pelican Acquisition Corporation, a blank check company targeting the technology industry, filed an amendment to its Form S-1 registration statement for a proposed $75 million initial public offering.
Capital raise
Pelican Acquisition Corporation, a blank check company, aims to raise $75 million through an IPO, focusing on technology businesses globally.
Capital raise
Pelican Acquisition Corporation, a blank check company, aims to raise $75 million through an initial public offering, focusing on technology businesses globally.
Capital raise
Pelican Acquisition Corporation, a newly formed blank check company, aims to raise $75 million through an initial public offering to pursue a business combination within the technology industry.
Capital raise
Schedule 13D - Activist Investments
SCHEDULE 13D: Pelican Acquisition Corp Sponsor Undergoes Major Ownership Transfer to Aspira Capital Consulting
Pelican Sponsor LLC, the sponsor of Pelican Acquisition Corp, has transferred 91.70% of its interest to Aspira Capital Consulting LTD, making Aspira the majority holder of the sponsor.
Capital raise
Schedule 13G - Passive Investments
Merus Global Investments, LLC has filed an amendment indicating it no longer holds a beneficial interest in Pelican Acquisition Corporation.
Meteora Capital, LLC and Vik Mittal have filed a Schedule 13G, reporting no beneficial ownership of Pelican Acquisition Corp's Class A common stock as of March 31, 2026.
Merus Global Investments, LLC has reported a passive 5.3% ownership stake in Pelican Acquisition Corporation's Ordinary Shares.
Decagon Asset Management LLP and Benjamin John Durham have reported a beneficial ownership of 8.66% in Pelican Acquisition Corp's Ordinary Shares.
Meteora Capital, LLC and its managing member, Vik Mittal, report 0% beneficial ownership of Pelican Acquisition Corp's Class A common stock in an amended Schedule 13G filing.
Worse than expected
Meteora Capital, LLC and its managing member, Vik Mittal, have reported a 6.26% beneficial ownership stake in Pelican Acquisition Corp's Class A common stock.