Meteora Capital reports 6.2629% of Pelican

Meteora Capital, LLC filed a Schedule 13G reporting beneficial ownership of 751,469 shares of Pelican Acquisition Corp Class A common stock, representing 6.2629% of the class as of 12/31/2025.

Rhea-AI Filing Summary

Meteora Capital, LLC filed a Schedule 13G reporting beneficial ownership of 751,469 shares of Pelican Acquisition Corp Class A common stock, representing 6.2629% of the class as of 12/31/2025.

Meteora Capital and its managing member Vik Mittal report shared voting and dispositive power over these shares through funds and managed accounts they oversee, and state the holdings are in the ordinary course of business, not for changing or influencing control of Pelican.

FAQ

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

What stake in Pelican Acquisition Corp (PELI) does Meteora Capital report?

Meteora Capital reports beneficial ownership of 751,469 Class A shares, equal to 6.2629% of Pelican Acquisition Corp’s outstanding class. The position is held through funds and managed accounts that Meteora Capital oversees, giving it shared voting and shared dispositive power over these shares.

Who are the reporting persons in this Pelican Acquisition Corp (PELI) Schedule 13G?

The reporting persons are Meteora Capital, LLC and its managing member, Vik Mittal. Meteora Capital is a Delaware limited liability company, and Mittal is a United States citizen. They report on shares held by certain Meteora-managed funds and managed accounts collectively referred to as the Meteora Funds.

What type of Pelican Acquisition Corp (PELI) securities are reported on this Schedule 13G?

The filing covers Pelican Acquisition Corp’s Class A common stock. The reported 751,469 shares of Class A common stock, identified by CUSIP G6993G103, represent 6.2629% of that class and are held across various funds and managed accounts advised by Meteora Capital.

Does Meteora Capital seek to influence control of Pelican Acquisition Corp (PELI)?

The reporting persons certify the securities were acquired and are held in the ordinary course of business, not to change or influence control of Pelican Acquisition Corp. They also state the holdings are not in connection with any transaction aimed at obtaining control, except activities related to a specified nomination rule.

What voting and dispositive powers does Meteora Capital report over Pelican (PELI) shares?

The filing shows zero sole voting or dispositive power and 751,469 shares with shared voting and shared dispositive power. This reflects that Meteora Capital and Vik Mittal act through the Meteora Funds, which collectively hold the reported Class A common stock position.

Where are Pelican Acquisition Corp (PELI) and Meteora Capital based?

Pelican Acquisition Corp’s principal executive offices are at 1185 Avenue of the Americas, Suite 301, New York, NY 10036. The reporting persons’ principal business office is listed as 1200 N Federal Hwy, #200, Boca Raton, Florida 33432 in the ownership filing.

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Accepted by SEC EDGAR 02/06/2026 - 11:54 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Pelican Acquisition Corp

(Name of Issuer)

Class A common stock

(Title of Class of Securities)

G6993G103

(CUSIP Number)

12/31/2025

(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)

SCHEDULE 13G

CUSIP No. G6993G103

1

Names of Reporting Persons

Meteora Capital, LLC

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 0.00
6	Shared Voting Power 751,469.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 751,469.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

751,469.00

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)

6.2629 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Pelican Acquisition Corp
(b)	Address of issuer's principal executive offices: 1185 Avenue Of The Americas, Suite 301, New York, NY, 10036
Item 2.
(a)	Name of person filing: (i) Meteora Capital, LLC, a Delaware limited liability company ("Meteora Capital") with respect to the Common Stock (as defined in Item 2(d)) held by certain funds and managed accounts to which Meteora Capital serves as investment manager (collectively, the "Meteora Funds"); and (ii) Vik Mittal, who serves as the Managing Member of Meteora Capital, with respect to the Common Stock held by the Meteora Funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)	Address or principal business office or, if none, residence: The address of the principal business office for each of the Reporting Persons is: 1200 N Federal Hwy, #200, Boca Raton FL 33432
(c)	Citizenship: Meteora Capital is a Delaware limited liability company. Vik Mittal is a United States citizen.
(d)	Title of class of securities: Class A common stock
(e)	CUSIP No.: G6993G103
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: 751469
(b)	Percent of class: 6.2629 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 751469
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 751469
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 acquired and are held in the ordinary course of business and 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.

Meteora Capital, LLC

Signature:	Vik Mittal
Name/Title:	Mr
Date:	02/06/2026