---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-023666"
form_type: "8-K"
ticker: "GRML"
cik: "0001907223"
company_name: "Greenland Mines Ltd"
filed_at: "2026-03-04T23:59:59+00:00"
generated_at: "2026-05-15T21:50:29.857077+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Klotho Neurosciences acquires Greenland Mines; 93% dilution to existing holders for Skaergaard project

## Summary
- Acquisition of Greenland Mines Corp. for convertible preferred stock; on conversion GMC holders get ~93% of fully diluted shares.
- Skaergaard Project hosts 25.4 Moz PdEq and 23.5 Moz AuEq; gross in-situ resource value ~$68B (Feb 2026 prices).
- Transaction expected to be accounted for as a reverse merger; company to rebrand as Greenland Mines, new ticker in late March.
- Klotho will retain cell & gene therapy division (ALS program KLTO-202); Greenland Mines CEO Bo Møller Stensgaard joins management.
- Undeveloped palladium-gold deposit in Greenland; 80% interest owned, option for remaining 20%.

## SEC filing metadata
- accession: 0001213900-26-023666
- form_type: 8-K
- ticker: GRML
- cik: 0001907223
- company_name: Greenland Mines Ltd
- filed_at: 2026-03-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907223/000121390026023666/0001213900-26-023666-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907223/000121390026023666/ea028003301-8k_klotho.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-023666
- JSON: https://secwatch.observer/filing/0001213900-26-023666.json
- Plain text: https://secwatch.observer/filing/0001213900-26-023666.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.