PELIU

Pelican Acquisition Corporation Unit

PELIU

Overview Fund Activity

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About: Pelican Acquisition Corp is a blank check company.

Financials Shell Companies

0

Funds holding %

of 7,456 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

16.97% more ownership

Funds ownership: 0% [Q1] → 16.97% (+16.97%) [Q2]

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Financial journalist opinion

Pelican Acquisition Corporation Signs Letter of Intent to Acquire Greenland Exploration Limited

NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- Pelican Acquisition Corporation (NASDAQ: PELI, the “Company” or “Pelican”), a Cayman Islands exempted company formed as a special purpose acquisition company, today announced that it has entered into a non-binding letter of intent (“LOI”) with Greenland Exploration Limited (“Greenland Exploration” or “GEL”) to pursue a potential business combination.

Pelican Acquisition Corporation Signs Letter of Intent to Acquire Greenland Exploration Limited

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

NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Pelican Acquisition Corporation (NASDAQ: PELI, the “Company”), a Cayman Islands exempted company, announced that holders of its 8,625,000 units sold in the Company's initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about June 12, 2025.

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

Pelican Acquisition Corporation Announces Closing of Full Underwriters' Over-Allotment Option in connection with its Initial Public Offering

NEW YORK, May 30, 2025 (GLOBE NEWSWIRE) -- Pelican Acquisition Corporation (NASDAQ: PELIU, the “Company”) announced today that it consummated the sale of an additional 1,125,000 units subject to the underwriters' over-allotment option at a public offering price of $10.00 per unit resulting in gross proceeds to the Company of $11,250,000. After giving effect to the exercise of the option, an aggregate of 8,625,000 units have been issued in the initial public offering for aggregate gross proceeds of $86,250,000.

Pelican Acquisition Corporation Announces Closing of Full Underwriters' Over-Allotment Option in connection with its Initial Public Offering

Pelican Acquisition Corporation Announces Closing of $75,000,000 Initial Public Offering

NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Pelican Acquisition Corporation (NASDAQ: PELIU, the “Company”) announced today that it has closed its initial public offering of 7,500,000 units at $10.00 per unit. Each unit consists of one ordinary share of the Company and one right, with each right entitling the holder thereof to receive one-tenth (1/10) of one ordinary share upon the consummation of an initial business combination.

Pelican Acquisition Corporation Announces Closing of $75,000,000 Initial Public Offering

Pelican Acquisition Corporation Announces Pricing of $75,000,000 Initial Public Offering

NEW YORK, May 23, 2025 (GLOBE NEWSWIRE) -- Pelican Acquisition Corporation (NASDAQ: PELIU) (the “Company”), a Cayman Islands exempted company, announced that it priced its initial public offering of 7,500,000 units at $10.00 per unit on May 22, 2025. The units are listed on the Nasdaq Global Market (“NASDAQ”) and trade under the ticker symbol “PELIU” beginning on May 23, 2025. Each unit consists of one ordinary share of the Company and one right, with each right entitling the holder thereof to receive one-tenth (1/10) of one ordinary share upon the consummation of an initial business combination.

Pelican Acquisition Corporation Announces Pricing of $75,000,000 Initial Public Offering

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