Greenland Energy Co director Larry G. Swets Jr. reported an open-market purchase of 25,000 shares of Common Stock at $2.98 per share. After this transaction, he directly holds 525,000 Common Stock shares.
He also reports derivative positions in Public Warrants exercisable at $5.00 per share for 175,000 underlying shares and additional Warrants exercisable at $15.00 per share for 375,000 underlying shares. These warrant holdings provide potential future rights to acquire additional Greenland Energy common shares at the stated exercise prices.
Greenland Energy Co director Larry G. Swets Jr. reported an open-market purchase of 25,000 shares of Common Stock at $2.98 per share. After this transaction, he directly holds 525,000 Common Stock shares.
He also reports derivative positions in Public Warrants exercisable at $5.00 per share for 175,000 underlying shares and additional Warrants exercisable at $15.00 per share for 375,000 underlying shares. These warrant holdings provide potential future rights to acquire additional Greenland Energy common shares at the stated exercise prices.
Greenland Energy Company reported its first post-merger quarter as an exploration-stage oil and gas company with no revenue and a net loss of about $818,679, or $0.04 per share, for the three months ended March 31, 2026.
Total assets were approximately $7.1 million, including cash of about $3.1 million, against total liabilities of roughly $3.9 million, leaving stockholders’ equity near $3.2 million. Operations centered on completing the Business Combination, public company readiness, and planning for exploration in Greenland rather than generating production revenue.
After quarter-end, the company significantly strengthened its balance sheet by completing a registered offering of 16,250,000 common shares, 1,250,000 pre-funded warrants and 17,500,000 common warrants at a combined price of $4.00, raising gross proceeds of about $70 million. Management also notes a material weakness in internal control over financial reporting due to an incomplete formal control framework but is taking steps to remediate this as it ramps up as a newly public company.
Greenland Energy Company reported its first post-merger quarter as an exploration-stage oil and gas company with no revenue and a net loss of about $818,679, or $0.04 per share, for the three months ended March 31, 2026.
Total assets were approximately $7.1 million, including cash of about $3.1 million, against total liabilities of roughly $3.9 million, leaving stockholders’ equity near $3.2 million. Operations centered on completing the Business Combination, public company readiness, and planning for exploration in Greenland rather than generating production revenue.
After quarter-end, the company significantly strengthened its balance sheet by completing a registered offering of 16,250,000 common shares, 1,250,000 pre-funded warrants and 17,500,000 common warrants at a combined price of $4.00, raising gross proceeds of about $70 million. Management also notes a material weakness in internal control over financial reporting due to an incomplete formal control framework but is taking steps to remediate this as it ramps up as a newly public company.
Greenland Energy Co director Larry G. Swets Jr reported an open-market purchase of 25,000 Public Warrants on May 13, 2026 at $2.98 per warrant. Each public warrant (ticker GLNDW) is exercisable for one share of common stock at an exercise price of $5.00 per share.
Following this transaction, Swets directly holds 500,000 shares of common stock, 200,000 Public Warrants, and additional private warrants exercisable for 375,000 shares of common stock at $15.00 per share, with those private warrants expiring on March 25, 2036.
Greenland Energy Co director Larry G. Swets Jr reported an open-market purchase of 25,000 Public Warrants on May 13, 2026 at $2.98 per warrant. Each public warrant (ticker GLNDW) is exercisable for one share of common stock at an exercise price of $5.00 per share.
Following this transaction, Swets directly holds 500,000 shares of common stock, 200,000 Public Warrants, and additional private warrants exercisable for 375,000 shares of common stock at $15.00 per share, with those private warrants expiring on March 25, 2036.
Greenland Energy Co director Larry G. Swets Jr. reported an open-market purchase of 25,000 Public Warrants on Common Stock. These GLNDW warrants were bought at a weighted average price of $1.11 per warrant, in multiple trades between $1.07 and $1.12.
Each Public Warrant is exercisable for one share of Common Stock at an exercise price of $5.00 per share and expires on April 29, 2031. Following this purchase, he holds 175,000 Public Warrants. He also directly holds 375,000 other warrants exercisable at $15.00 per share, expiring on March 25, 2036, as well as 500,000 shares of Common Stock.
Greenland Energy Co director Larry G. Swets Jr. reported an open-market purchase of 25,000 Public Warrants on Common Stock. These GLNDW warrants were bought at a weighted average price of $1.11 per warrant, in multiple trades between $1.07 and $1.12.
Each Public Warrant is exercisable for one share of Common Stock at an exercise price of $5.00 per share and expires on April 29, 2031. Following this purchase, he holds 175,000 Public Warrants. He also directly holds 375,000 other warrants exercisable at $15.00 per share, expiring on March 25, 2036, as well as 500,000 shares of Common Stock.
Greenland Energy Co director Melanie Sue Furlan reported an open-market purchase of Common Stock. On May 8, 2026, she bought 33,330 shares at a weighted average price of $3.02 per share, with individual trade prices ranging from $2.999 to $3.04. Following this transaction, she directly owns 48,104 shares.
Greenland Energy Co director Melanie Sue Furlan reported an open-market purchase of Common Stock. On May 8, 2026, she bought 33,330 shares at a weighted average price of $3.02 per share, with individual trade prices ranging from $2.999 to $3.04. Following this transaction, she directly owns 48,104 shares.
Greenland Energy Co director Baqar Hassan bought additional public warrants linked to the company’s common stock. He purchased 76,700 public warrants on May 7, 2026 at a weighted average price of $1.089 per warrant, in open-market transactions.
Following these purchases, he directly holds 101,700 public warrants exercisable at $5.00 per share and 473,000 shares of common stock. He also holds warrants issued in a prior business combination that are exercisable for 375,000 shares at $15.00 per share and expire on March 25, 2036.
Greenland Energy Co director Baqar Hassan bought additional public warrants linked to the company’s common stock. He purchased 76,700 public warrants on May 7, 2026 at a weighted average price of $1.089 per warrant, in open-market transactions.
Following these purchases, he directly holds 101,700 public warrants exercisable at $5.00 per share and 473,000 shares of common stock. He also holds warrants issued in a prior business combination that are exercisable for 375,000 shares at $15.00 per share and expire on March 25, 2036.
Greenland Energy Co director Larry G. Swets Jr. reported an open-market purchase of 50,000 Public Warrants at $1.10 per warrant. Each Public Warrant (GLNDW) is exercisable for one share of common stock at an exercise price of $5.00 per share and expires on April 29, 2031. Following this purchase, he holds 150,000 Public Warrants, along with 375,000 other warrants exercisable at $15.00 per share until March 25, 2036, and 500,000 shares of Greenland Energy common stock directly.
Greenland Energy Co director Larry G. Swets Jr. reported an open-market purchase of 50,000 Public Warrants at $1.10 per warrant. Each Public Warrant (GLNDW) is exercisable for one share of common stock at an exercise price of $5.00 per share and expires on April 29, 2031. Following this purchase, he holds 150,000 Public Warrants, along with 375,000 other warrants exercisable at $15.00 per share until March 25, 2036, and 500,000 shares of Greenland Energy common stock directly.
Greenland Energy Co director Larry G. Swets Jr. reported open-market purchases of both common stock and public warrants. He bought 25,000 shares of Common Stock at $2.79 per share, bringing his direct common share holdings to 500,000 shares. He also bought 50,000 Public Warrants (GLNDW) at $0.95 per warrant, each immediately exercisable for one share of common stock at an exercise price of $11.50 per share, increasing his public warrant holdings to 100,000 warrants. In addition, he holds 375,000 warrants issued in connection with a prior business combination, each exercisable for one share of common stock at an exercise price of $15.00 per share and expiring in 2036, providing substantial potential future equity exposure.
Greenland Energy Co director Larry G. Swets Jr. reported open-market purchases of both common stock and public warrants. He bought 25,000 shares of Common Stock at $2.79 per share, bringing his direct common share holdings to 500,000 shares. He also bought 50,000 Public Warrants (GLNDW) at $0.95 per warrant, each immediately exercisable for one share of common stock at an exercise price of $11.50 per share, increasing his public warrant holdings to 100,000 warrants. In addition, he holds 375,000 warrants issued in connection with a prior business combination, each exercisable for one share of common stock at an exercise price of $15.00 per share and expiring in 2036, providing substantial potential future equity exposure.
Greenland Energy Company ownership update: Citadel entities report shared beneficial ownership of 4,293,039 Shares (9.2% of the class) and Kenneth Griffin is reported to beneficially own 4,307,948 Shares (9.3%).
Percentages are calculated using 46,530,312 Shares outstanding as of April 29, 2026, which the filing states includes 1,250,000 Shares received on warrant exercise and 2,875,080 Shares issuable upon conversion of certain warrants held by affiliates. The ownership is reported as shared voting and dispositive power for the Citadel entities; sole voting and dispositive power are reported as zero.
Greenland Energy Company ownership update: Citadel entities report shared beneficial ownership of 4,293,039 Shares (9.2% of the class) and Kenneth Griffin is reported to beneficially own 4,307,948 Shares (9.3%).
Percentages are calculated using 46,530,312 Shares outstanding as of April 29, 2026, which the filing states includes 1,250,000 Shares received on warrant exercise and 2,875,080 Shares issuable upon conversion of certain warrants held by affiliates. The ownership is reported as shared voting and dispositive power for the Citadel entities; sole voting and dispositive power are reported as zero.