Pelican Acquisition II Corporation (PLCIU) allows separate trading of shares and rights

Rhea-AI Filing Summary

Pelican Acquisition II Corporation reported that, with underwriter consent, holders of its units may elect to separately trade the ordinary shares and rights included in those units commencing on or about August 12, 2026. Any units that are not separated will continue to trade on the Nasdaq Capital Market under the symbol PLCIU. The separated ordinary shares and rights are expected to trade under the symbols PLCI and PLCIR, respectively. Holders wishing to separate their units must have their brokers contact Continental Stock Transfer & Trust Company, the transfer agent. Each unit consists of one ordinary share and one right to receive one-tenth (1/10) of one ordinary share. The company describes itself as a blank check company formed to pursue a business combination with one or more businesses.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Unit composition: 1 ordinary share + 1 right Right entitlement: 1/10 of one ordinary share Separate trading start date: August 12, 2026 +4 more

7 metrics

Unit composition 1 ordinary share + 1 right Each unit consists of one ordinary share and one right

Right entitlement 1/10 of one ordinary share Each right entitles the holder to receive one-tenth of one ordinary share

Separate trading start date August 12, 2026 Separate trading of ordinary shares and rights commences on or about this date

Unit trading symbol PLCIU Unseparated units trade on the Nasdaq Capital Market under PLCIU

Ordinary share trading symbol PLCI Separated ordinary shares are expected to trade under PLCI

Rights trading symbol PLCIR Separated rights are expected to trade under PLCIR

Press release date August 10, 2026 Press release announcing separate trading is dated August 10, 2026

Key Terms

blank check company, rights, units, transfer agent, +1 more

5 terms

blank check company financial

"Pelican Acquisition II Corporation is a blank check company formed for the purpose"

A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.

rights financial

"Each unit consists of one ordinary share and one right to receive one-tenth"

Rights are special privileges that give existing shareholders the opportunity to buy additional shares of a company's stock before they are offered to the public. They help investors maintain their ownership percentage and can be seen as a way to protect their investment stake. Think of rights like a VIP pass allowing current investors to purchase new shares first, ensuring they can preserve their influence in the company.

units financial

"holders of the Company’s units may elect to separately trade the ordinary shares"

Units are bundled securities sold as one package in a financing—commonly a share paired with an instrument that gives the holder the right to buy more shares later. For investors this matters because a unit’s extra component can change future supply of shares and potential returns, similar to buying a combo with a coupon that can be redeemed later and alter what you actually receive and what others might own.

transfer agent financial

"brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent"

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

forward-looking statements regulatory

"This press release includes forward-looking statements that involve risks"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What did Pelican Acquisition II Corporation (PLCIU) announce on August 12, 2026?

Pelican Acquisition II Corporation announced that holders of its units may separately trade the ordinary shares and rights included in the units starting on or about August 12, 2026, with new trading symbols for each component.

How are Pelican Acquisition II Corporation (PLCIU) units structured?

Each Pelican Acquisition II Corporation unit consists of one ordinary share and one right to receive one-tenth (1/10) of one ordinary share. Holders can elect to separate these components for individual trading on Nasdaq.

What are the Nasdaq symbols for PLCIU’s separated securities?

Unseparated units continue trading under PLCIU. Once separated, the ordinary shares are expected to trade under PLCI and the rights under PLCIR on the Nasdaq Capital Market, according to the company’s disclosure.

How can PLCIU unitholders separate their ordinary shares and rights?

Unitholders must have their brokers contact Continental Stock Transfer & Trust Company, Pelican Acquisition II Corporation’s transfer agent, to separate the units into ordinary shares and rights for individual trading.

What is the business purpose of Pelican Acquisition II Corporation (PLCIU)?

Pelican Acquisition II Corporation is described as a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, without limitation on industry or geography.

When did Pelican Acquisition II Corporation issue the press release about separate trading?

Pelican Acquisition II Corporation issued a press release dated August 10, 2026 announcing the planned separate trading of ordinary shares and rights underlying its units, with trading to commence on or about August 12, 2026.

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Understanding 8-K Material Events →

Available on EDGAR 08/12/2026 - 04:45 PM Accepted by SEC EDGAR 08/12/2026 - 04:44 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 12, 2026

Pelican Acquisition II Corporation

(Exact name of registrant as specified in its charter)

 000-00000

Cayman Islands		001-43307		00-0000000 N/A
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1185 Avenue of the Americas, 3rd Fl. New York, NY 10036		10036
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (212) 612-1400

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of exchange on which registered
Units, each consisting of one ordinary share and one right		PLCIU		Nasdaq Stock Market LLC
Ordinary Shares, $0.0001 par value		PLCI		Nasdaq Stock Market LLC
ARights, each exchangeable for one-tenth (1/10) ordinary share		PLCIR		Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On August 12, 2026, Pelican Acquisition II Corporation (the “Company”) announced that, with the consent of the underwriter, holders of the Company’s units may elect to separately trade the ordinary shares and rights included in the units, commencing on or about August 12, 2026. Any units not separated will continue to trade on the Nasdaq Capital Market under the symbol “PLCIU.” The ordinary shares and rights that are separated are expected to trade on the Nasdaq Capital Market under the symbols “PLCI” and “PLCIR,” respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into ordinary shares, rights and warrants.

On August 10, 2026, the Company issued a press release announcing the separate trading of the securities underlying the units. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
99.1		Press Release, dated August 10, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

1

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Pelican Acquisition II Corporation
Date: August 12, 2026	By:	/s/ Robert Labbe
	Name:	Robert Labbe
	Title:	Chief Executive Officer

2

Exhibit 99.1

Pelican Acquisition II Corporation Announces Separate Trading of its Ordinary Shares and Rights

NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) – Pelican Acquisition II Corporation (Nasdaq: PLCIU) (the “Company”), a Cayman Islands exempted company, announced that holders of the Company’s units sold in its initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about August 12, 2026.

Any units not separated will continue to trade on the Nasdaq Capital Market under the symbol “PLCIU” and the separated ordinary shares and rights are expected to trade under the symbols “PLCI” and “PLCIR,” respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights.

Each unit consists of one ordinary share and one right to receive one-tenth (1/10) of one ordinary share.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Pelican Acquisition II Corporation

Pelican Acquisition II Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact

Robert Labbe

Pelican Acquisition II Corporation

Chief Executive Officer

(212) 574-4425

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 10.0 KB

Other Documents

• EX-101 XBRL SCHEMA FILE 4.0 KB
• EX-101 XBRL DEFINITION FILE 26.6 KB
• EX-101 XBRL LABEL FILE 36.7 KB
• EX-101 XBRL PRESENTATION FILE 25.2 KB