secwatch.observer — SEC 8-K summary
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Issuer:     Greenland Mines Ltd (GRML)
CIK:        0001907223
Form:       8-K
Filed at:   2026-09-23T21:08:53+00:00
Accession:  0001213900-26-102691
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenland Mines raises ~$38.4M in registered direct offering of stock and pre-funded warrants
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- Offering: 1,765,420 shares at $12.00 plus pre-funded warrants for 1,434,580 shares at $0.0001 exercise price.
- Net proceeds expected ~$38.4M; close expected Sept 24, 2026; proceeds for Greenland mining ops and working capital.
- On Sept 21, 2026 amended private warrants to set post-reverse split exercise price at $5.00 per share.
- Pre-funded warrants include 4.99% beneficial ownership limitation (9.99% at holder election).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1907223/000121390026102691/0001213900-26-102691-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1907223/000121390026102691/ea0306408-8k_greenland.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-102691

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer