Pelican Acquisition Corporation Announces Pricing of $75,000,000 Initial Public Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 23 2025
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Source: Globenewswire
Initial Public Offering Announcement: Pelican Acquisition Corporation has priced its initial public offering at $10.00 per unit, totaling 7,500,000 units, which will begin trading on NASDAQ under the ticker symbol "PELIU" starting May 23, 2025.
Company Overview and Future Plans: The company is a blank check entity aiming to engage in business combinations across various industries and regions, with the offering expected to close on May 27, 2025, pending customary conditions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
