[SCHEDULE 13G/A] Pelican Acquisition Corp Amended Passive Investment Disclosure
Rhea-AI Filing Summary
Pelican Acquisition Corp received an amended Schedule 13G from institutional investor Meteora Capital, LLC and its managing member Vik Mittal, stating they now beneficially own 0 shares of the company’s Class A common stock, representing 0% of the class.
The filing notes that Meteora Capital previously reported a larger position but now falls under the threshold for significant holders, with Item 5 confirming ownership of 5 percent or less of the class. The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Pelican Acquisition Corp.
Positive
- None.
Negative
- None.