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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): October
22, 2026 (October 20, 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 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On October 20, 2026, Roderick McIllree
notified Greenland Energy Company, a Texas corporation (the “Company”), of his resignation from his position as a member
of the Board of Directors (the “Board”) of the Company, effective immediately. In connection with his resignation, Mr.
McIllree also ceased serving in all other roles, positions and assignments he held with the Company. Mr. McIllree’s resignation was not the result of any disagreement with the Company on any matters relating to the
Company’s operations, policies or practices.
| Item 7.01 |
Regulation FD Disclosure. |
On October 21, 2026, the Board and management
of the Company issued a press release announcing the resignation of Roderick McIllree from the board of directors of the Company (the
“Press Release”).
A copy of the Press Release is attached to this
Current Report on Form 8-K as Exhibit 99.1 and is incorporated by reference into this Item 7.01.
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. 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 those 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 risks 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.
Forward-looking statements speak only as of the date they are made. 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.
| Item
9.01 |
Financial
Statements and Exhibits. |
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press Release, dated October 21, 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:
October 22, 2026 |
GREENLAND
ENERGY COMPANY |
| |
|
|
| |
By: |
/s/
Robert Price |
| |
Name: |
Robert
Price |
| |
Title: |
Chief
Executive Officer |
Exhibit 99.1
Greenland Energy Company Announces the Resignation of Roderick McIllree
From the Board of Directors
DENVER, October 21, 2026 /PRNewswire/ –
Greenland Energy Company (NASDAQ: GLND) (“the Company” or “Greenland Energy”), an oil exploration company
focused on East Greenland’s Jameson Land Basin, today announced Roderick McIllree’s resignation from the Company’s Board
of Directors (the “Board”). In connection with his resignation, Mr. McIllree also ceased serving in all other roles, positions and assignments he held with the Company. Mr. McIllree’s resignation
was not the result of any disagreement with the Company on any matters relating to the Company’s operations, policies or practices.
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 advancing preparations for future exploration activity in the region. For more information, please visit www.GreenlandEnergyCo.com
Forward-Looking Statements
This press release 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 press release, are forward-looking statements. 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 those 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 risks
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. Forward-looking statements speak only as of the date they are made. 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.
Contact:
contact@greenlandenergyco.com
SOURCE: Greenland Energy Company
