FG Merchant Partners reports 5.88% stake in Greenland Energy

Greenland Energy Co reports that FG Merchant Partners LP beneficially owns 1,535,594 shares of Common Stock, representing 5.88% of the class based on 26,110,252 shares issued and outstanding as of March 25, 2026.

Rhea-AI Filing Summary

Greenland Energy Co reports that FG Merchant Partners LP beneficially owns 1,535,594 shares of Common Stock, representing 5.88% of the class based on 26,110,252 shares issued and outstanding as of March 25, 2026. The filing lists sole voting and sole dispositive power over the reported shares.

Key Figures

Beneficially owned shares: 1,535,594 shares Percent of class: 5.88% Shares outstanding: 26,110,252 shares +1 more

4 metrics

Beneficially owned shares 1,535,594 shares Amount beneficially owned by FG Merchant Partners LP

Percent of class 5.88% Percent of Common Stock based on outstanding shares

Shares outstanding 26,110,252 shares Shares issued and outstanding as of March 25, 2026

CUSIP 70580B106 CUSIP for Greenland Energy Co Common Stock

Key Terms

beneficially owned, sole dispositive power, Schedule 13G

3 terms

beneficially owned regulatory

"The 1,535,594 shares of Greenland Energy Company's Common Stock are directly beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole dispositive power regulatory

"(iii) Sole power to dispose or to direct the disposition of: 1,535,594 shares of Common Stock"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Schedule 13G regulatory

"form_type: SCHEDULE 13G"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does FG Merchant Partners report in Greenland Energy (GLND)?

FG Merchant Partners reports beneficial ownership of 1,535,594 shares, equal to 5.88% of common stock. This percentage is calculated from 26,110,252 shares issued and outstanding as of March 25, 2026 as stated in the filing.

Does FG Merchant Partners have voting or dispositive power over GLND shares?

Yes. The filing states FG Merchant Partners has sole voting power and sole dispositive power for 1,535,594 shares. The schedule shows no shared voting or dispositive powers for the reported position.

What form was used to report FG Merchant Partners' ownership in GLND?

The position is reported on a Schedule 13G, which is used for certain passive or qualifying institutional investors to disclose beneficial ownership. The filing lists the filer as FG Merchant Partners with Delaware organization information.

What is the effective date for the shares outstanding used in the percentage calc?

The percentage uses 26,110,252 shares as the denominator, dated March 25, 2026. That date is specified in the filing's ownership statement accompanying the reported 1,535,594 share position.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/09/2026 - 05:23 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Greenland Energy Co

(Name of Issuer)

Common Stock, Par Value $0.0001

(Title of Class of Securities)

70580B106

(CUSIP Number)

03/25/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 70580B106

1

Names of Reporting Persons

FG Merchant Partners LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,535,594.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,535,594.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,535,594.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.88 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: Rows 5, 7, and 9. The 1,535,594 shares of Greenland Energy Company's Common Stock ("Common Stock") are directly beneficially owned by FG Merchant Partners LP. Based on 26,110,252 shares of Common Stock issued and outstanding as of March 25, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Greenland Energy Co
(b)	Address of issuer's principal executive offices: C/O Greenland Energy Company 3400 East Bayaud Avenue, Suite 400, Denver, Colorado 80209
Item 2.
(a)	Name of person filing: The name of the person filing this statement on Schedule 13G is FG Merchant Partners LP
(b)	Address or principal business office or, if none, residence: The principal business address for FG Merchant Partners LP is: C/O Greenland Energy Company 3400 East Bayaud Avenue, Suite 400, Denver, Colorado 80209
(c)	Citizenship: See response to Item 4 on the cover page.
(d)	Title of class of securities: Common Stock, Par Value $0.0001
(e)	CUSIP Number(s): 70580B106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,535,594 shares of Common Stock
(b)	Percent of class: 5.88%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,535,594 shares of Common Stock
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1,535,594 shares of Common Stock
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

FG Merchant Partners LP

Signature:	/s/ D. Kyle Cerminara
Name/Title:	D. Kyle Cerminara, Authorized Signatory
Date:	04/09/2026