tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pelican Acquisition Corp Advances in Greenland Energy Merger

Story Highlights

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

On October 30, 2025, Robert Price from March GL Company and Larry Swets, CEO of Greenland Exploration Limited, discussed the formation of the Greenland Energy Company on the DisruptED Podcast. This new venture aims to develop the Jameson Land Basin in Greenland, leveraging decades of geological studies and modern seismic analysis to identify high-potential drilling targets. The business combination involving Pelican Acquisition Corporation, Greenland Exploration Limited, March GL, and Pelican Holdco, Inc. is progressing, with a registration statement filed with the SEC. This merger is expected to enhance the company’s operations and market positioning, offering a favorable risk-reward profile for stakeholders.

More about Pelican Acquisition Corporation

Average Trading Volume: 19,216

Technical Sentiment Signal: Strong Buy

Learn more about PELI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1