PELIR

Pelican Acquisition Corp. operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is headquartered in San Francisco, California. As a blank-check company, Pelican Acquisition Corp. raised capital through its initial public offering with the specific mandate to identify and acquire a target company in the technology sector, with particular focus on enterprise software, fintech, and digital infrastructure businesses. The SPAC structure allows the management team to leverage their industry expertise and networks to source potential combination targets while providing public market investors with an opportunity to participate in the transaction. The company's securities trade on the New York Stock Exchange under the ticker symbol PELIR. Like other SPACs, Pelican Acquisition Corp. operates under a defined timeline to complete a business combination, typically within 18 to 24 months from the date of its IPO, or return capital to shareholders. The company's management team brings experience from technology investing and operating backgrounds, positioning them to evaluate and execute potential mergers with high-growth private companies seeking public market access.