Pelican Acquisition Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of exchange on which registered | ||
| The Stock Market LLC | ||||
| The Stock Market LLC | ||||
| The Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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ITEM 5.07 SUBMISSION OF A MATTER TO A VOTE OF SECURITY HOLDERS.
On March 19, 2026, Pelican Acquisition Corporation (the “Company”) held an extraordinary general meeting of shareholders (the “Extraordinary General Meeting”). The record date for shareholders entitled to notice of, and to vote at, the Extraordinary General Meeting was February 19, 2026. As of the close of business on the record date, there were 11,998,750 ordinary shares issued and outstanding and entitled to vote at the Extraordinary General Meeting. Of these shares, 7,034,878 ordinary shares (representing approximately 58.63%) were present virtually or represented by proxy at the Extraordinary General Meeting, constituting a quorum.
At the Extraordinary General Meeting, the Company’s shareholders considered the proposals described in the Company’s definitive proxy statement/prospectus filed with the Securities and Exchange Commission. The final voting results for each proposal submitted to shareholders are set forth below.
Proposal 1
The Company’s shareholders approved the Business Combination Proposal. The votes cast were as follows:
| For | Against | Abstain | ||
| 6,509,645 | 400,135 | 125,098 |
Proposal 2
The Company’s shareholders approved the Conversion Proposal. The votes cast were as follows:
| For | Against | Abstain | ||
| 6,507,603 | 402,162 | 125,113 |
Proposal 3
The Company’s shareholders approved the Governing Documents Proposal. The votes cast were as follows:
| For | Against | Abstain | ||
| 6,509,645 | 400,135 | 125,098 |
Proposal 4
The Company’s shareholders approved the Governing Documents Advisory Proposals. The votes cast were as follows.
| For | Against | Abstain | ||
| 6,508,445 | 401,335 | 125,098 |
Proposal 5
The Company’s stockholders approved the Stock Issuance Proposal. The votes cast were as follows:
| For | Against | Abstain | ||
| 6,506,635 | 403,145 | 125,098 |
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Proposal 6
The Company’s stockholders approved the Incentive Plan Proposal. The votes cast were as follows:
| For | Against | Abstain | ||
| 6,505,085 | 403,345 | 126,448 |
As there were sufficient votes at the time of the Extraordinary General Meeting to approve each of the above proposals, the “Adjournment Proposal” described in the proxy statement/prospectus was not presented to stockholders.
Based on the results of the Extraordinary General Meeting, and subject to the satisfaction or waiver of certain other closing conditions as described in the proxy statement/prospectus, the transactions (the “Transactions”) contemplated by the Agreement and Plan of Merger, dated as of September 9, 2025 (the “Merger Agreement”), are expected to be consummated on or around March 24, 2026. As previously disclosed, following the consummation of the Transactions, the common stock of Greenland Energy Company is expected to begin trading on the Nasdaq Global Market under the symbol “GLND” on March 25, 2026.
In connection with the Extraordinary General Meeting, holders of 7,562,343 ordinary shares exercised their right to redeem such shares for a pro rata portion of the funds in the Company’s trust account, for an aggregate redemption amount of $77,740,886.04, representing a per-share redemption price of approximately $10.28.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
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99.1 |
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| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Pelican Acquisition Corporation | ||
| Dated: March 19, 2026 | By: | /s/ Robert Labbe |
| Name: | Robert Labbe | |
| Title: | Chief Executive Officer | |
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