Pelican Acqsn SEC Filings

Pelican Acquisition Corporation filed a Form 8-K noting recent communications about its proposed business combination with Greenland Exploration Limited, March GL Company, and Pelican Holdco, Inc. (PubCo). On October 30, 2025, representatives appeared on the DisruptED Podcast to discuss forming the Greenland Energy Company focused on the Jameson Land Basin. On October 31, 2025, March GL personnel shared related updates on social media; the post is furnished as Exhibit 99.1.

Pelican has filed a Form S-4 registration statement that includes a preliminary proxy statement/prospectus; after effectiveness, Pelican will mail the definitive proxy/prospectus to shareholders for the Pelican Shareholder Meeting. The materials will be available at www.sec.gov. The communications in Item 7.01 and Exhibit 99.1 are furnished, not filed, and include forward-looking statements with customary risk factors and completion conditions.

Pelican Acquisition Corporation (PELI) filed an 8‑K furnishing, not filing, Sproule ERCE’s Reserve Report as Exhibit 99.1 related to March GL’s Greenland license as of September 1, 2025. The exhibit follows a Fortune article referencing figures from that report.

Pelican previously signed a Merger Agreement on September 9, 2025 with Greenland Exploration Limited and March GL via a new parent, Pelican Holdco, Inc., to form Greenland Energy Company, expected to list on Nasdaq under ticker GLND after closing. Pelican plans to file a Form S‑4 containing the proxy statement/prospectus for shareholder voting; definitive materials will be mailed after effectiveness.

Pelican’s securities trade on Nasdaq as PELIU (units), PELI (ordinary shares), and PELIR (rights). The filing includes forward‑looking statements and outlines risks and conditions that could affect completion and outcomes of the business combination.

Pelican Acquisition Corporation (PELI) filed a Form 8-K tied to its proposed business combination with Greenland Exploration Limited and March GL. At closing, the combined company will be named Greenland Energy Company and is expected to trade on Nasdaq under GLND.

The filing furnishes (Item 7.01) Sproule ERCE’s reserve report on March GL’s Greenland license as of September 1, 2025, as Exhibit 99.1. The company notes a Fortune article from October 22, 2025 referencing figures from that report, and includes the full report for context. Because this information is furnished, it is not deemed filed for liability purposes.

Pelican plans to file an S-4 registration statement with a proxy statement/prospectus for shareholder voting on the deal. The report includes standard forward-looking statements and outlines risks such as timing of the merger, shareholder approvals, potential redemptions, listing conditions, legal/regulatory proceedings, and operating uncertainties.

Pelican Acquisition Corporation filed a Rule 425 communication about its planned business combination with Greenland Exploration Limited and March GL Company. At closing, the combined company will be named Greenland Energy Company and is expected to list on NASDAQ as “GLND.” The reverse merger implies a $215 million valuation for the public entity if the deal closes.

Management highlighted an onshore exploration plan in Greenland’s Jameson Land Basin, with the first well tentatively next summer and a second pilot well targeted for fall 2026. A 3‑mile access road is slated to begin construction early next year, and contracts are in place with Halliburton, IPT Well Solutions, and Stampede Drilling. March GL will fund 100% of costs for up to two exploration wells to earn up to 70% interest, while partner 80 Mile retains 30%.

The filing notes grandfathered exploration licenses despite a 2021 moratorium and references resource assessments ranging from a 2008 USGS view to a 2025 Sproule ERCE estimate. The parties caution closing could slip from an intended December timeline due to a government shutdown.

Pelican Acquisition Corporation furnished an Investor Presentation under Item 7.01 of Form 8-K regarding a proposed business combination involving Pelican, Greenland Exploration Limited, and March GL, with a go-forward public company referred to as PubCo (Greenland Energy Company). The presentation is provided as Exhibit 99.1.

The materials are furnished, not filed, are not subject to Section 18 liability, and are not incorporated by reference. Pelican intends to file a Form S-4 registration statement containing a preliminary proxy statement/prospectus; after effectiveness, a definitive proxy statement/prospectus will be mailed to shareholders. Documents will be available at www.sec.gov.

The filing includes forward‑looking statements with cautions about risks such as shareholder approvals, redemptions, listing, timing, potential termination, and regulatory or legal proceedings. Pelican’s securities trade on Nasdaq as PELIU (units), PELI (ordinary shares), and PELIR (rights).

Pelican Acquisition Corporation (PELI) furnished an Investor Presentation as Exhibit 99.1 to a Form 8-K under Item 7.01 in connection with a proposed business combination involving Greenland Exploration Limited, March GL, and PubCo (the Greenland Energy Company). The presentation may be used at investor meetings and is incorporated by reference into Item 7.01.

Pelican plans to file a Form S-4 registration statement that will include a proxy statement/prospectus; after effectiveness, Pelican will mail the definitive proxy statement/prospectus to shareholders for voting at the Pelican Shareholder Meeting. The information is furnished, not filed, is subject to forward-looking statement disclaimers, and does not constitute an offer or solicitation. The filing outlines risks that could affect completion, including shareholder approvals, redemptions, listing of PubCo shares, potential delays or termination, regulatory proceedings, and costs related to the business combination.

Pelican Acquisition Corp. completed an IPO selling 7,500,000 units at $10.00 per unit for gross proceeds of $75,000,000 and concurrently sold 276,250 Private Placement Units for $2,762,500 to the Sponsor and underwriter representative. The underwriters exercised the full over-allotment on May 28, 2025, adding 1,125,000 Option Units for $11,250,000 and triggering an additional private placement of 22,500 units for $225,000. Underwriting commissions and offering costs totaling $2,635,148 were charged to equity. At IPO date $507,955 of cash was held outside the Trust Account for working capital and interest earned on Trust assets totaled $635,672. The company disclosed significant ongoing costs pursuing an initial Business Combination, limited working capital, and concluded there is substantial doubt about its ability to continue as a going concern until a Business Combination or liquidation. The company has until August 27, 2026 to complete a Business Combination unless extended.