Pelican II Capital reports 3.2M Pelican Acquisition shares

Pelican II Capital Solutions Ltd, a greater than 10% owner of Pelican Acquisition II Corp (PLCIU), reports initial beneficial ownership on this Form 3.

Rhea-AI Filing Summary

Pelican II Capital Solutions Ltd, a greater than 10% owner of Pelican Acquisition II Corp (PLCIU), reports initial beneficial ownership on this Form 3. It holds 3,209,000 Ordinary Shares, including shares acquired before Pelican Acquisition II Corp’s initial public offering and additional shares underlying private placement units sold in a placement conducted simultaneously with that offering. It also holds rights that are exchangeable into Ordinary Shares, reflecting its continued economic interest following the underwriter’s full exercise of its over-allotment option on July 27, 2026.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Pelican II Capital Solutions Ltd

Role 10% Owner

Type	Security	Shares	Price	Value
holding	Rights F2	--	--	--
holding	Ordinary Shares, par value $0.0001 per share F1	--	--	--

Holdings After Transaction: Rights — 33,400 contracts (Direct); Ordinary Shares, par value $0.0001 per share — 3,209,000 shares (Direct)

Footnotes (2)

1. F1. Includes 2,875,000 ordinary shares of the Issuer acquired by Pelican II Capital Solutions Limited prior to the Issuer 's initial public offering. As a result of the underwriter's full exercise of its over-allotment option to purchase 1,125,000 units on July 27, 2026, no such shares are subject to forfeiture. Also includes 334,000 ordinary shares underlying the private placement units sold in a private placement conducted simultaneously with the Issuer's initial public offering.
2. F2. Includes 334,000 rights underlying the private placement units, which were sold in a private placement taking place simultaneously with the Issuer's initial public offering. Each right is exchangeable for one-tenth of one ordinary share.

Key Figures

Ordinary Shares held: 3,209,000 shares Pre-IPO Ordinary Shares: 2,875,000 shares Rights underlying Ordinary Shares: 33,400 rights

3 metrics

Ordinary Shares held 3,209,000 shares Total Ordinary Shares reported as beneficially owned following the transactions

Pre-IPO Ordinary Shares 2,875,000 shares Ordinary Shares acquired by Pelican II Capital Solutions Ltd prior to the initial public offering

Rights underlying Ordinary Shares 33,400 rights Rights position reported with underlying Ordinary Shares exposure

Key Terms

over-allotment option, private placement units, initial public offering, rights

4 terms

over-allotment option financial

"As a result of the underwriter's full exercise of its over-allotment option"

An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.

private placement units financial

"ordinary shares underlying the private placement units sold in a private placement"

initial public offering financial

"conducted simultaneously with the Issuer's initial public offering"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

rights financial

"Includes 334,000 rights underlying the private placement units"

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.

FAQ

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

What ownership does Pelican II Capital Solutions Ltd report in Pelican Acquisition II Corp (PLCIU)?

Pelican II Capital Solutions Ltd reports holding 3,209,000 Ordinary Shares of Pelican Acquisition II Corp. This position includes shares acquired before the initial public offering and shares underlying private placement units associated with that offering.

Is Pelican II Capital Solutions Ltd a 10% owner of PLCIU?

Yes, Pelican II Capital Solutions Ltd is identified as a greater than 10% owner of Pelican Acquisition II Corp. This status is based on its reported holdings of Ordinary Shares and related interests in the company.

How many Pelican Acquisition II Corp Ordinary Shares were acquired before the IPO?

Pelican II Capital Solutions Ltd acquired 2,875,000 Ordinary Shares of Pelican Acquisition II Corp before the initial public offering. These pre-IPO shares form part of its total reported holding of 3,209,000 Ordinary Shares.

What is disclosed about private placement units in the PLCIU Form 3 filing?

The filing states that Pelican II Capital Solutions Ltd holds Ordinary Shares and rights underlying private placement units sold in a placement conducted simultaneously with Pelican Acquisition II Corp’s initial public offering, contributing to its overall reported ownership.

What are the rights held by Pelican II Capital Solutions Ltd in PLCIU?

Pelican II Capital Solutions Ltd holds rights that underlie private placement units and are exchangeable for fractions of Ordinary Shares. These rights represent an additional potential equity interest beyond the currently held Ordinary Shares.

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

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Accepted by SEC EDGAR 08/17/2026 - 04:37 PM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Pelican II Capital Solutions Ltd

(Last) (First) (Middle)

RITTER HOUSE, WICKHAMS CAY II

PO BOX 3170

(Street)

ROAD TOWN TORTOLA VG1110

(City) (State) (Zip)

VIRGIN ISLANDS, BRITISH

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
07/27/2026

3. Issuer Name and Ticker or Trading Symbol
Pelican Acquisition II Corp [ PLCIU ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares, par value $0.0001 per share	3,209,000(1)	D(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Rights	(2)	(2)	Ordinary Shares	33,400(2)	(2)	D

Explanation of Responses:

1. Includes 2,875,000 ordinary shares of the Issuer acquired by Pelican II Capital Solutions Limited prior to the Issuer 's initial public offering. As a result of the underwriter's full exercise of its over-allotment option to purchase 1,125,000 units on July 27, 2026, no such shares are subject to forfeiture. Also includes 334,000 ordinary shares underlying the private placement units sold in a private placement conducted simultaneously with the Issuer's initial public offering.

2. Includes 334,000 rights underlying the private placement units, which were sold in a private placement taking place simultaneously with the Issuer's initial public offering. Each right is exchangeable for one-tenth of one ordinary share.

	/s/ Robert Labbe, Managing Member of Pelican II Capital Solutions Limited	08/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)