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Proposed Symbol | PELIU |
---|---|
Company Name | Pelican Acquisition Corp |
Exchange | NASDAQ Global |
Share Price | $10.00 |
Employees | 1 (as of 05/23/2025) |
Status | Priced |
Shares Offered | 7,500,000 |
Offer amount | $75,000,000 |
Shares Over Alloted | |
Company Address | 1185 AVENUE OF THE AMERICAS SUITE 301 NEW YORK NY 10036 |
Company Phone | (212) 612-1400 |
Company Website | www.fastrackevents.com |
CEO | Robert Labbe |
State of Inc | |
Fiscal Year End | 08-31 |
Total Offering Expense | $2,112,500.00 |
Shareholder Shares Offered | |
Shares Outstanding | 10,476,250 |
Lockup Period (days) | 180 |
Lockup Expiration | 2025-11-19 00:00:00 |
Quiet Period Expiration | 2025-07-02 00:00:00 |
CIK | 0002037431 |
DealId | 1331648-113579 |
We are a newly formed blank check company incorporated as a Cayman Islands exempted company on July 23, 2024 under the laws of the Cayman Islands with limited liability, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. Our efforts to identify a prospective target business will not be limited to a particular geographic region or industry, although we intend to primarily focus on target businesses within the technology industry globally. We do not have any specific business combination under consideration and we have not (nor has anyone on our behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction with our company. Our ability to identify and evaluate a target company may be impacted by significant competition among other SPACs in pursuing a business combination transaction candidate and the significant competition may impact the attractiveness of the acquisition terms that we will be able to negotiate. We will seek to capitalize on the significant contacts and experience of our management team, including Mr. Robert Labbe, our Chairman, Chief Executive Officer, Chief Financial Officer and director, and Mr. Ping Zhang, Mr. Daniel M. McCabe, and Ms. Qi Gong, each of whom will become a member of our board of directors upon the effectiveness of the registration statement of which this prospectus forms a part. We believe we can leverage our team’s track record to identify and execute attractive acquisition opportunities. --- Our principal office is located at 1185 Avenue of the Americas, Suite 304, New York, NY 10036, and our telephone number is (212) 612-1400.