SEC Declares S-4 Effective for Greenland Energy Merger; Shareholder Vote Set for March 17

summarizeSummary

Pelican Acquisition Corp announced the SEC has declared its S-4 registration statement effective for the Greenland Energy merger, with a shareholder vote scheduled for March 17, 2026.

check_boxKey Events

• S-4 Registration Statement Declared Effective

  The U.S. Securities and Exchange Commission (SEC) declared the Form S-4 registration statement effective on February 17, 2026, for the proposed business combination with Greenland Exploration Limited and March GL Company. This follows the definitive prospectus (424B3) filed on February 18, 2026.

• Shareholder Meeting Scheduled

  An Extraordinary General Meeting of Shareholders is scheduled for March 17, 2026, at 10:00 a.m. Eastern Time, to approve the business combination and related proposals.

• Definitive Proxy Statement Mailing

  The definitive proxy statement/prospectus will be mailed to Pelican shareholders of record as of February 19, 2026, the record date for voting on the business combination.

• New Company Name and Ticker

  Upon closing, the combined company will operate as Greenland Energy Company and is expected to list on Nasdaq under the ticker symbol 'GLND'.

auto_awesomeAnalysis

This filing marks a critical step towards the completion of Pelican Acquisition Corp's business combination with Greenland Exploration Limited and March GL Company. The SEC's declaration of effectiveness for the S-4 registration statement, which occurred on February 17, 2026, allows the company to proceed with the shareholder vote. The scheduled Extraordinary General Meeting on March 17, 2026, is the final major hurdle before the merger can close, transforming Pelican into Greenland Energy Company. Investors should closely monitor the outcome of this meeting as it will determine the future of the combined entity.