PELI
Pelican Acquisition Corporation10.16
+0.02+0.2%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
121.91MP/E (TTM)
-Basic EPS (TTM)
-Dividend Yield
0%Recent Filings
8-K
CEO discusses oil spike
Pelican Acquisition Corporation disclosed under Item 7.01 that March GL CEO Robert Price, incoming CEO of PubCo (to-be-renamed Greenland Energy Company), appeared on Newsmax March 7, 2026, discussing oil and gas price spikes from Iran attacks. No financial impacts or deal terms disclosed here. Business combination risks loom large.
8-K
Media buzz on Pelican merger
Pelican Acquisition Corporation disclosed media buzz around its pending business combination with Greenland Exploration Limited and March GL to form Greenland Energy Company, expected to close March 17, 2026, and trade as GLND on Nasdaq. An incoming director reposted a Newsmax clip on X.com March 7; Oilprice.com highlighted Jameson Land basin's untapped potential on March 9. Media spotlights frontier oil play. Risks include shareholder approval failure.
8-K
PubCo warrants delisted from Nasdaq
Pelican Acquisition Corporation filed a prospectus supplement on March 3, 2026, clarifying that PubCo warrants from its pending business combination with Greenland Exploration Limited and March GL Company will not list or trade on Nasdaq or any exchange. This update, ahead of the March 17 shareholder vote, flags reduced liquidity for warrant holders. Warrants stay illiquid.
8-K
Pelican SPAC S-4 effective
Pelican Acquisition announced SEC effectiveness of its S-4 registration statement on February 24, 2026, for the business combination with Greenland Exploration Limited and March GL Company, forming Greenland Energy Company to target Greenland's Jameson Land Basin. Shareholders vote at the virtual extraordinary general meeting on March 17, 2026. Closing eyes Q1 2026, yet shareholder approval and redemptions loom large.
8-K
Arctic logistics secured
Pelican Acquisition and Greenland Energy locked in a strategic logistics deal with Desgagnés for ice-class vessels and beach landings to mobilize drilling gear into Greenland's Jameson Land Basin. This clears a key hurdle for the first onshore oil exploration there in over 50 years, coordinated with Royal Arctic Line. Logistics locked. Pending SPAC merger risks delays.
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