Pelican Acquisition (PELIR) Schedule 13G/A — Meteora Capital Reports 0% Holding

Rhea-AI Filing Summary

Pelican Acquisition Corp amended a Schedule 13G/A regarding ownership of its Class A common stock (CUSIP G6993G103). The filing, signed by Vik Mittal on 05/15/2026, reports that Meteora Capital, LLC and related reporting persons hold 0 shares representing 0% of the class. The disclosers state Meteora Capital acts as investment manager for certain funds and accounts and that this filing is not an admission of beneficial ownership under Section 13. The filing lists the reporting persons' principal business address as 1200 N Federal Hwy, #200, Boca Raton FL 33432.

Insights

Corporate Governance Analyst

Routine ownership amendment showing no reported holdings.

The amendment clarifies ownership for Meteora Capital, LLC and Vik Mittal with respect to Pelican Acquisition Corp Class A common stock (CUSIP G6993G103). The filing explicitly reports 0 shares and 0% beneficial ownership, which is a neutral disclosure of position.

The statement that the filing "should not be construed as an admission" preserves legal formality; subsequent beneficial ownership changes would require updated filings if thresholds are crossed.

Securities Compliance Specialist

Amendment aligns with Section 13 reporting mechanics, no material change.

The filing names Meteora Capital as investment manager of the Meteora Funds and Vik Mittal as Managing Member, and supplies the required identifying details and CUSIP. It records ownership as zero and cites the ownership category "5 Percent or Less of a Class."

Because the filing reports no holdings, there is no immediate disclosure-driven market or governance effect; future filings would be required if ownership becomes reportable.

Key Figures

CUSIP: G6993G103 Shares beneficially owned: 0 shares Percent of class: 0% +2 more

5 metrics

CUSIP G6993G103 Class A common stock

Shares beneficially owned 0 shares Amount reported by Meteora Capital / Vik Mittal

Percent of class 0% Percent reported in Item 4(a)/(b)

Filing signature date 05/15/2026 Signature by Vik Mittal

Header date 03/31/2026 Date shown near cover header

Key Terms

Schedule 13G/A, Beneficial ownership, CUSIP

3 terms

Schedule 13G/A regulatory

"The filing amends a Schedule 13G/A regarding ownership"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficial ownership regulatory

"The filing states the Reporting Persons beneficially owned 0 shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

CUSIP financial

"Class A common stock CUSIP G6993G103"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

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

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Accepted by SEC EDGAR 05/15/2026 - 01:36 PM Learn about SEC filing dates

FAQ

What does Pelican Acquisition Corp's Schedule 13G/A (PELIR) amendment report?

It reports that Meteora Capital, LLC and Vik Mittal hold 0 shares, representing 0% of Class A common stock (CUSIP G6993G103). The filing updates identifying and ownership details for those reporting persons.

Who filed the Schedule 13G/A amendment for PELIR and where are they located?

The filing was made by Meteora Capital, LLC and Vik Mittal, with the principal business address listed as 1200 N Federal Hwy, #200, Boca Raton FL 33432 in the amendment.

Does this Schedule 13G/A amendment mean Meteora Capital is a beneficial owner of PELIR?

No. The amendment states the Reporting Persons beneficially own 0 shares (0%) and includes a clause that the filing "should not be construed as an admission" of beneficial ownership under Section 13.

When was the Schedule 13G/A amendment for Pelican Acquisition Corp signed?

The amendment bears the signature of Vik Mittal dated 05/15/2026, and the schedule references 03/31/2026 in the header information.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Pelican Acquisition Corp

(Name of Issuer)

Class A common stock

(Title of Class of Securities)

G6993G103

(CUSIP Number)

03/31/2026

(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): 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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

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: 0
(b)	Percent of class: 0 %
(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: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
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:	05/15/2026