secwatch.observer — SEC 8-K summary
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Issuer:     Greenland Mines Ltd (GRML)
CIK:        0001907223
Form:       8-K
Filed at:   2026-07-23T13:00:13+00:00
Accession:  0001213900-26-080649
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenland Mines adopts one-year stockholder rights plan with 15% trigger
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- Dividend of one right per common share payable Aug 7, 2026 to holders of record on that date.
- Rights become exercisable if a person or group acquires 15% or more of outstanding common shares.
- Exercise price $0.75 per right; flip-in provision allows purchase of shares at 50% discount to market.
- Plan expires July 22, 2027, unless earlier redeemed or exchanged; redemption price $0.0001 per right.
- Existing 15% holders grandfathered but any increase of 0.20% or more triggers the rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1907223/000121390026080649/0001213900-26-080649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1907223/000121390026080649/ea0298948-8k_greenland.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-080649

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