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Pelican Acquisition Announces Merger with Greenland Exploration

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Pelican Acquisition Corporation ( (PELI) ) has shared an update.

Pelican Acquisition Corporation has announced a business combination with Greenland Exploration Limited and March GL Company, which will result in the formation of Greenland Energy Company. This merger is expected to create a new energy frontier and is being facilitated through a business accommodation agreement. The announcement includes an investor presentation that provides summary information about the companies involved and the business combination, which will be further detailed in a registration statement to be filed with the SEC. Shareholders and interested parties are advised to review the forthcoming documents for important information regarding the business combination.

More about Pelican Acquisition Corporation

Average Trading Volume: 17,783

For detailed information about PELI stock, go to TipRanks’ Stock Analysis page.

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