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StocksMedium•25 March 2026•

1 min read

Pelican Acquisition Completes Merger to Form Greenland Energy; Trading to Begin on Nasdaq

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Key Facts

1Pelican Acquisition Corporation announced the completion of its business combination with Greenland Exploration Limited.

Version History

1 additional source confirmed this story

Pelican Acquisition Corporation has officially finalized its business combination with Greenland Exploration Limited. The newly formed entity will operate under the name Greenland Energy Company and is scheduled to begin trading on the Nasdaq Stock Market. Starting March 26, 2026, the company's common stock will trade under the new ticker symbol GLND. This merger aims to establish a significant publicly traded energy player focused on developing Greenland's vast natural resources. The strategic move is expected to enhance global energy security through sustainable resource management. Market analysts view the completion of this SPAC merger as a positive milestone, eliminating deal-related uncertainty for investors.