SCHEDULE: Merus Global Discloses 5.3% Stake in Pelican Acquisition

Merus Global Investments, LLC has reported a passive 5.3% ownership stake in Pelican Acquisition Corporation's Ordinary Shares.

Summary

• Merus Global Investments, LLC reported beneficial ownership of 633,558 Ordinary Shares of Pelican Acquisition Corporation.
• This represents 5.3% of the Issuer's outstanding Ordinary Shares.
• The shares were acquired for investment purposes and not to influence control of the Issuer.
• The percentage calculation is based on 11,998,750 Ordinary Shares outstanding as of December 19, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive development, as it signals a new institutional investor taking a significant passive stake, which can be seen as a vote of confidence, though without any active engagement.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for passive investors acquiring more than 5% of a company's shares, indicating a significant but non-controlling investment. This filing suggests Merus Global Investments views Pelican Acquisition Corporation as a suitable long-term holding rather than a target for activist engagement.

Stakeholder Impact

• Shareholders: The disclosure of a new significant passive investor may be viewed positively, potentially increasing market confidence in the company's stock.

Key Dates

Recommendation

This Schedule 13G filing indicates a passive investment by Merus Global Investments, LLC, reaching a 5.3% stake. While it signals institutional interest, it does not provide new fundamental information about Pelican Acquisition Corporation's operations, financial performance, or strategic direction that would warrant a change from a 'hold' position. The investment is stated to be for passive purposes, not for influencing control, suggesting no immediate catalyst for significant price movement based solely on this disclosure.

Keywords

Pelican Acquisition Corporation, Merus Global Investments, Schedule 13G, Beneficial Ownership, Ordinary Shares, Passive Investment, SEC Filing, Equity Stake