home · filing · 0001829126-25-003997
8-K filed May 28, 2025, 7:59 PM ET
CIK 0002037431
other material
confidence high
sentiment neutral
materiality 0.75
Pelican Acquisition closes $75M IPO on Nasdaq; trust funded, 15-month deadline for business combination
Pelican Acquisition Corp
Closed IPO of 7,500,000 units at $10.00/unit for $75,000,000 gross proceeds.
Simultaneous private placement of 276,250 units at $10.00/unit raised $2,762,500 from sponsor and underwriter.
Net proceeds of $75M deposited in trust account; must complete initial business combination within 15 months.
Ping Zhang, Daniel M. McCabe and Qi Gong appointed to Board and to Audit and Compensation Committees.
Units trade as PELIU; ordinary shares and rights expected to list separately as PELI and PELIR.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Appointed
Qi Gong
Director
Pelican Acquisition Corp
Effective 2025-05-22
Filed May 28, 2025, 7:59 PM ET
Ping Zhang, Daniel M. McCabe and Qi Gong (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).
Appointed
Daniel M. McCabe
Director
Pelican Acquisition Corp
Effective 2025-05-22
Filed May 28, 2025, 7:59 PM ET
Ping Zhang, Daniel M. McCabe and Qi Gong (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).
Appointed
Ping Zhang
Director
Pelican Acquisition Corp
Effective 2025-05-22
Filed May 28, 2025, 7:59 PM ET
Ping Zhang, Daniel M. McCabe and Qi Gong (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Qi Gong was appointed as Director at Pelican Acquisition Corp.
Action appointed
Role Director
Exact text from the filing
Ping Zhang, Daniel M. McCabe and Qi Gong (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Daniel M. McCabe was appointed as Director at Pelican Acquisition Corp.
Action appointed
Role Director
Exact text from the filing
Ping Zhang, Daniel M. McCabe and Qi Gong (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ping Zhang was appointed as Director at Pelican Acquisition Corp.
Action appointed
Role Director
Exact text from the filing
Ping Zhang, Daniel M. McCabe and Qi Gong (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.4
Pelican Acquisition Corp: Adoption of Second Amended and Restated Memorandum and Articles of Association (effective 2025-05-22).
Change charter amendment
Effective 2025-05-22
Exact text from the filing
On May 22, 2025, the Company adopted its Second Amended and Restated Memorandum and Articles of Association.
View on SEC.gov
Source: SEC EDGAR
accession 0001829126-25-003997
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