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Pelican Acquisition Corporation (NASDAQ: PELI) Announces Definitive Merger Agreement with Greenland Exploration Limited and March GL Company, with the combined company to be named Greenland Energy Company
Globenewswire· 2025-09-10 12:30
Ticker GLND Reserved (Pelican currently trades under PELI on NASDAQ)$215 Million Implied Valuation for up to 70% ownership.Closing Expected 4th Quarter. NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Pelican Acquisition Corporation (NASDAQ: PELI) (“Pelican”), a publicly listed special purpose acquisition company, today announced the signing of a definitive Agreement and Plan of Merger with Greenland Exploration Limited (“Greenland Exploration”) and March GL Company (“March GL”). Upon the closing of the transa ...