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Greenland Energy Co

NASDAQ:GLNDNASDAQ:GLNDW
US$2.71Close 7 Oct 2026 · delayed

Past year: ▼ 69%(1.38 – 8.75 USD)

Market cap
A$168m
Shares on issue
43.7m
Story beats
5 since 2025
Last event
30 Apr 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

2 Apr 2026director interest notice● Neutral

Hassan Baqar became a Greenland Energy Co director and company insider (initial ownership filing).

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2 Apr 2026director interest notice● Neutral

Ashiq Abbas Merchant became a Greenland Energy Co Chief Financial Officer and company insider (initial ownership filing).

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2 Apr 2026director interest notice● Neutral

Roderick Claude Mcillree became a Greenland Energy Co director and company insider (initial ownership filing).

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2 Apr 2026director interest notice● Neutral

Larry G Swets Jr. became a Greenland Energy Co director and company insider (initial ownership filing).

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2 Apr 2026director interest notice● Neutral

Scott D Wollney became a Greenland Energy Co director and company insider (initial ownership filing).

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1 Apr 2026director interest notice● Neutral

Melanie Sue Furlan became a Greenland Energy Co director and company insider (initial ownership filing).

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27 Mar 2026business combination● NeutralMajor

The long-pending combination closed on 25 March 2026: the Pelican Acquisition Corporation blank-check company, Greenland Exploration Limited and March GL Company all became subsidiaries of Pelican Holdco, which was renamed Greenland Energy Company. Former Greenland and March GL holders received 21,500,000 shares (valued at $215,000,000 at $10.00 a share), SPAC shareholders approved on 19 March, and 7,562,123 SPAC shares were redeemed for $77,979,252. After closing there were 26,110,252 shares and 1,500,000 warrants (strike $15.00) outstanding, with the stock trading as GLND on Nasdaq from 26 March 2026. This resolves the S-4 thread; lock-up, registration rights and indemnification agreements were also signed.

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25 Mar 2026listing compliance notice▲ GoodMajor

the exchange certified Greenland Energy Co's securities for listing, clearing them to begin trading.

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3 Mar 2026securities registration● Neutral

Greenland Energy Co filed the final prospectus for a registered offering.

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18 Feb 2026securities registration● Neutral

Greenland Energy Co filed the final prospectus for a registered offering.

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13 Feb 2026business combination● Neutral

A third amended S-4 was filed just four days after the previous one. It carries the same financial data to 31 Oct 2025, and the visible text does not say what was changed. The registration is still in progress, with no effectiveness or closing shown.

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9 Feb 2026business combination● Neutral

A second amended S-4 for the Pelican Holdco combination was filed, with the same 31 Oct 2025 financial data as the January amendment. The visible text shows no new terms or changes, so the only supported point is that the registration is still being revised and the deal is not yet complete.

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16 Jan 2026business combination● Neutral

An amended S-4 for the Pelican Holdco combination was filed. Its financial data now covers the period to 31 Oct 2025 and includes events tagged through December 2025. The visible text does not show what changed or any new terms, so it continues the pending deal without a shown outcome.

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30 Oct 2025business combination● NeutralMajor

Pelican Holdco, Inc., a Texas company based in Denver with Robert Price as CEO, filed a registration statement (Form S-4) for a business combination. The visible text is only the cover page and data tags. These tags point to a blank-check company (IPO, over-allotment and private placement in May 2025, Early Bird Capital) and to Greenland Exploration Limited, which received promissory notes from mid-2025 to 9 Sept 2025. This suggests, as an inference, that the blank-check company is combining with Greenland Exploration through the new holding company. The visible text gives no deal terms, exchange ratio or price.

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