{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-26-010531","form_type":"8-K","ticker":"GLND","cik":"0002093507","company_name":"Greenland Energy Co","filed_at":"2026-09-29T13:23:18+00:00","discovered_at":"2026-09-29T13:24:00.303020+00:00","generated_at":"2026-10-12T13:44:29.596743+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Greenland Energy rebuts Fugazi Research short report, says 13B-barrel figure is high-end 3U prospective resource","bullets":["Letter states GLND has no earnings, no production, no proved reserves and has not drilled its first well; 13B-barrel 3U case is unrisked, with 1.1B low and 4.2B best estimates from Sproule ERCE.","Company says Fugazi miscast burn: $4.6M six-month operating cash use versus $17.5M capitalized into the asset and $10.5M in prepaid exploration costs and deposits.","GLND raised about $70M cash from share and warrant sales; warrants at $5.00 and $15.00 strikes would bring roughly $110M if fully exercised.","Company paid £500,000 to preserve its right to earn up to a 70% working interest for two more years; environmental baseline work at the planned well site was approved in August.","Letter cites $231,000 in the bank behind the going-concern note, MaloneBailey's PCAOB matter over quality controls, not-yet-effective internal controls, and director Carol Craig."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-010531","json":"https://secwatch.observer/filing/0001829126-26-010531.json","markdown":"https://secwatch.observer/filing/0001829126-26-010531.md","text":"https://secwatch.observer/filing/0001829126-26-010531.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2093507/000182912626010531/0001829126-26-010531-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2093507/000182912626010531/greenlandenergyco_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:44:29.596743+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}