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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
August 11, 2026
GREENLAND ENERGY COMPANY
(Exact name of registrant as specified in its charter)
| Texas |
|
001-43210 |
|
39-4828593 |
(State or Other Jurisdiction of Incorporation) |
|
(Commission
File Number) |
|
(IRS Employer Identification No.) |
3400 East Bayaud Avenue, Suite 400
Denver,
Colorado
80209
(Address of principal executive
office) (Zip Code)
(918)
361-7000
(Registrant’s telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading symbol(s) |
|
Name of each exchange on which registered |
| Common Stock, $0.0001 par value per share |
|
GLND |
|
The Nasdaq Stock Market LLC |
| Warrants to purchase Common Stock |
|
GLNDW |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 under the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
| Item
7.01 |
Regulation
FD Disclosure. |
On August 11, 2026, Greenland Energy Company,
a Texas corporation (the “Company”), issued a press release containing an update on the Company’s permitting process
with the government of Greenland for the drilling at the Jameson Land Basin. Pursuant to information received by 80 Mile plc (AIM: 80M),
the Company’s joint venture partner leading the permitting process for the Company in Greenland, the project’s complexity
will require a more extensive, comprehensive review process. The partners are now working toward a targeted permit timeline for winter 2027. This press release is included as Exhibit 99.1 hereto.
The information in this Item 7.01 and Exhibit
99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference
in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in
such a filing.
Forward-Looking
Statements
This Current Report on Form 8-K contains certain
forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”),
and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements, other than statements
of historical fact included in this Current Report on Form 8-K, are forward-looking statements. Forward-looking statements include, but
are not limited to, statements regarding our business strategy, exploration plans, drilling activities, expected timing of operations,
capital requirements, liquidity, financing plans, use of proceeds, regulatory approvals, contractor engagement, equipment procurement
and mobilization, resource potential, market conditions, public company costs, and other statements that are not historical facts.
Words such as “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,”
“plan,” “possible,” “potential,” “project,” “seek,” “should,”
“target,” “will,” “would,” and similar expressions may identify forward-looking statements, although
not all forward-looking statements contain these words. These forward-looking statements are based on current expectations, estimates,
assumptions and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those
expressed or implied by such statements. These risks and uncertainties include, but are not limited to: risks relating to our limited
operating history; our exploration-stage status; our ability to obtain sufficient financing; our ability to execute our exploration program
on the expected timeline or at the expected cost; geological and technical uncertainties inherent in oil and gas exploration; the absence
of proved reserves or production revenues; commodity price volatility; regulatory, permitting, environmental and political risks associated
with operations in Greenland; Arctic operating and logistics risks; reliance on third-party contractors, advisors and service providers
and the other risks and uncertainties described under “Risk Factors” in our Registration Statement on Form S-1, as amended,
and in our other filings with the Securities and Exchange Commission. Should one or more of these risk or uncertainties materialize, or
should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking
statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise, except as required under applicable securities laws. You should not place undue reliance on any forward-looking statements.
Forward-looking statements speak only as of the
date they are made. This Current Report on Form 8-K and all subsequent written and oral forward-looking statements attributable to us
or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in
this section. We do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events
or circumstances after the date of this release except as may be required by law.
| Item 9.01 | Financial Statements and Exhibits. |
| Exhibit No. | |
Description |
| 99.1 | |
Press Release dated August 11, 2026. |
| 104 | |
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on
its behalf by the undersigned hereunto duly authorized.
| Dated: August 12, 2026 |
GREENLAND ENERGY COMPANY |
| |
|
|
| |
By: |
/s/
Robert Price |
| |
Name: |
Robert Price |
| |
Title: |
Chief Executive Officer |
Exhibit
99.1
Greenland
Energy Company Provides Update on Greenland Permitting Process and Project Planning
DENVER, August 11, 2026/PRNewswire/ –
Greenland Energy Company (the “Company”) (NASDAQ: GLND) today announced that it has received an update from its JV partner,
80 Mile plc (AIM: 80M), which is leading the permitting process for the Company’s Greenland project. Based on information received
by 80 Mile from the Government of Greenland, the project’s complexity will require a more extensive, comprehensive review process.
The partners are now working toward a targeted permit timeline for winter 2027.
“Greenland
Energy remains committed to advancing its oil exploration program responsibly and in accordance with Greenland’s regulatory process,
and in full compliance with Greenlandic authorities,” said Robert Price, CEO of Greenland Energy Company. “Operating in the
Arctic requires patience, flexibility and a long-term perspective. We will use this time to refine our plans and deepen relationships
with local communities, strategic partners and relevant authorities. Greenland Energy Company’s ongoing work in Greenland reinforces
my confidence in the jurisdiction, its people and the long-term potential for responsible resource development.”
While
the revised timeline extends the anticipated permitting process, the Company views the additional review period as an opportunity to
strengthen project planning further and optimize logistics and infrastructure requirements. The Company is reviewing the logistical modifications
required given this information and will advise shareholders as soon as practicable.
About
Greenland Energy Company
Greenland
Energy Company is an exploration-stage oil and gas company focused on responsibly exploring and seeking to develop Greenland’s
hydrocarbon resources, with an emphasis on the Jameson Land Basin in East Greenland. The Company’s primary mission is to unlock
the frontier hydrocarbon potential of the Jameson Land Basin, an approximately 2-million-acre onshore licensed area, through the application
of modern exploration technologies. The Company is preparing to execute the first modern onshore drilling campaign in the region. For
more information, please visit www.GreenlandEnergyCo.com.
Cautionary
Note Regarding Forward-Looking Statements
This
press release of Greenland Energy Company (“Greenland Energy,” the “Company,” “we,” “our,”
and “us”) contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933,
as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”). All statements, other than statements of historical fact included in this Quarterly Report, are forward-looking statements.
Forward-looking statements include, but are not limited to, statements regarding our business strategy, exploration plans, drilling activities,
expected timing of operations, capital requirements, liquidity, financing plans, use of proceeds, regulatory approvals, contractor engagement,
equipment procurement and mobilization, resource potential, market conditions, public company costs, and other statements that are not
historical facts.
Words
such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“intend,” “may,” “might,” “plan,” “possible,” “potential,” “project,”
“seek,” “should,” “target,” “will,” “would,” and similar expressions may
identify forward-looking statements, although not all forward-looking statements contain these words.
These
forward-looking statements are based on current expectations, estimates, assumptions and projections and are subject to risks and uncertainties
that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties
include, but are not limited to: risks relating to our limited operating history; our exploration-stage status; our ability to obtain
sufficient financing; our ability to execute our exploration program on the expected timeline or at the expected cost; geological and
technical uncertainties inherent in oil and gas exploration; the absence of proved reserves or production revenues; commodity price volatility;
regulatory, permitting, environmental and political risks associated with operations in Greenland; Arctic operating and logistics risks;
reliance on third-party contractors, advisors and service providers and the other risks and uncertainties described under “Risk
Factors” in our Registration Statement on Form S-1, as amended, and in our other filings with the Securities and Exchange Commission.
Should one or more of these risk or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary
in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.
You should not place undue reliance on any forward-looking statements.
Forward-looking
statements speak only as of the date they are made. This press release and all subsequent written and oral forward-looking statements
attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained
or referred to in this section. We do not undertake any obligation to release publicly any revisions to our forward-looking statements
to reflect events or circumstances after the date of this release except as may be required by law.
Contact:
contact@greenlandenergyco.com
SOURCE:
Greenland Energy Company