Pelican Acquisition Corporation Ordinary Shares
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- Pelican Acquisition Corporation is a special purpose acquisition company (SPAC) established to facilitate mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses. Founded as a Cayman Islands exempted company and headquartered in Texas, the company operates flexibly across industries and geographies to identify high-potential acquisition targets. Pelican Acquisition’s main focus is on completing strategic business combinations that create long-term value for shareholders. Recently, Pelican Acquisition Corporation announced a definitive merger agreement with Greenland Exploration Limited and March GL Company, targeting a merger to form Greenland Energy Company, which will focus on energy exploration and development in the Jameson Land Basin in East Greenland, a region with significant oil and gas potential. This transaction marks a major strategic expansion into the energy sector with significant operational activities including partnerships with Halliburton and other technical service providers for upcoming exploratory drilling. The transaction includes Pelican’s domestication to Texas and establishment of Greenland Energy Company as a public entity listed on NASDAQ under the ticker symbol GLND. Pelican Acquisition Corporation’s transformative merger represents a key pivot towards Arctic oil and gas exploration projects, combining American capital with strategic energy resources in Greenland to support energy security and economic diversification objectives.
Pelican Acquisition Corporation (NASDAQ: PELI) Announces Completion of its Business Combination forming Greenland Energy Company
Pelican Acquisition Corporation (NASDAQ: PELI) Announces Successful Approval of its Business Combination with Pelican Holdco, Inc., Greenland Exploration Limited, and March GL Company at the Extraordinary General Meeting of Shareholders held on March 19, 2026
Greenland Energy and Pelican Acquisition Corporation (NASDAQ: PELI) Appoints Ashiq Merchant, former BP executive, as Chief Financial Officer to Drive Transition to Public Markets and Advance World-Class Arctic Operations
Pelican Acquisition Corporation (NASDAQ: PELI) and Greenland Energy Secure Critical Arctic Logistics Support; Selects Desgagnés to Mobilize for Jameson Land Basin Drilling
Pelican Acquisition Corporation (NASDAQ: PELI) Announces Definitive Merger Agreement with Greenland Exploration Limited and March GL Company, with the combined company to be named Greenland Energy Company