Pelican Acquisition Shareholders Approve Greenland Energy Deal


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Pelican Acquisition Shareholders Approve Business Combination with Greenland Exploration and March GL
Houston, USA - Pelican Acquisition Corporation (NASDAQ: PELI) announced today the successful approval of its business combination with Pelican Holdco, Inc. ("PubCo"), Greenland Exploration Limited, and March GL Company. The shareholders of Pelican Acquisition Corporation unanimously approved the proposed transaction and all other presented proposals at an Extraordinary General Meeting held on March 19, 2026. The parties anticipate the business combination to be finalized on or about March 24, 2026.
This strategic combination aims to establish a new publicly traded energy company. The core mission of this new entity will be to enhance global energy security through the responsible development of Greenland's significant natural resources.
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