|8-KFeb 24, 6:18 AM ET

Pelican Acquisition Corp 8-K

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Pelican Acquisition Corp: Registration Effective, EGM Set for Business Combination

What Happened

  • On February 24, 2026, Pelican Acquisition Corp (PELI) announced via press release that the company’s Registration Statement was declared effective by the U.S. Securities and Exchange Commission.
  • The press release also announced an upcoming extraordinary general meeting (EGM) of shareholders with full details, to consider the proposed business combination with Greenland Exploration Limited and March GL Company.
  • The company filed the disclosure on Form 8-K (Items 7.01 and 9.01) and attached the February 24, 2026 press release as Exhibit 99.1.

Key Details

  • Date of announcement: February 24, 2026.
  • Subject: SEC declared the Registration Statement effective (enables distribution of proxy/transaction materials).
  • Corporate action: EGM of shareholders will be held to vote on the proposed business combination with Greenland Exploration Limited and March GL Company.
  • Filing: Form 8-K includes Regulation FD disclosure (Item 7.01) and the press release as Exhibit 99.1.

Why It Matters

  • An effective registration statement is a formal regulatory step that typically allows the company to distribute proxy and transaction documents and move forward with shareholder voting on the proposed merger.
  • The EGM will be the shareholder vote that can approve or reject the business combination; investors should review the proxy/meeting materials once available before voting.
  • This filing does not report financial results or executive changes; it is a procedural, material update in the merger process.