Pelican Acquisition Corp. Announces Trading Commencement of Rights Following $75M IPO

Reuters
29 May
<a href="https://laohu8.com/S/PELIU">Pelican Acquisition Corp.</a> Announces Trading Commencement of Rights Following $75M IPO

Pelican Acquisition Corporation has announced the pricing of its $75 million initial public offering, with units trading on NASDAQ under the symbol "PELIU" starting May 23, 2025. Each unit comprises one ordinary share and one right, which entitles the holder to receive one-tenth of an ordinary share upon an initial business combination. Once separate trading begins, the ordinary shares and rights will be listed under "PELI" and "PELIR" respectively. EarlyBirdCapital, Inc. is the sole book-running manager, with IB Capital LLC as co-manager.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pelican Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-25-003997), on May 28, 2025, and is solely responsible for the information contained therein.

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