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Pelican Acquisition Corporation (NASDAQ: PELI) Announces Successful Approval of its Business Combination with Pelican Holdco, Inc., Greenland Exploration Limited, and March GL Company at t...

Pelican Acquisition Corporation - Unit (PELIU) 
announced the successful approval of its proposed business combination with Pelican Holdco, Inc. (“PubCo”), Greenland Exploration Limited (“Greenland”), and March GL Company (“March GL”) at its extraordinary general meeting of shareholders held on March 19, 2026 (the “Extraordinary General Meeting”). At the Extraordinary General Meeting the shareholders of Pelican additionally approved all other proposals presented at the meeting. PubCo, Greenland, March GL, and Pelican expect the business combination to be consummated on or about March 24, 2026. About the Transaction Greenland Exploration Limited, March GL Company, and Pelican Holdco, Inc. are currently in the process of a business combination with Pelican Acquisition Corporation. The transaction aims to create a publicly traded energy company focused on enhancing global energy security through the responsible development of Greenland's natural resources. About Greenland Exploration Limited Greenland Exploration Limited is a Show less Read more
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