Pelican Acquisition Corp. reported a net income of $307,410 for the three months ended July 31, 2025. This figure was primarily driven by interest income amounting to $638,657, which was partially offset by general and administrative expenses totaling $331,247. For the six-month period ending on the same date, the company recorded a net income of $287,857. This was comprised of $639,041 in interest income, counterbalanced by $351,184 in general and administrative expenses. The company has not engaged in any operations or generated revenues since its inception on July 23, 2024. Its activities have been focused on organizational tasks, completing its IPO, and identifying a target company for an initial business combination. Pelican Acquisition Corp. does not expect to generate operating revenues until after it completes its initial business combination. It anticipates non-operating income from interest on marketable securities following the IPO and expects increased expenses related to its status as a public company and due diligence for a business combination.