{"id":859260,"date":"2025-06-10T16:20:09","date_gmt":"2025-06-10T20:20:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\/"},"modified":"2025-06-10T16:20:09","modified_gmt":"2025-06-10T20:20:09","slug":"pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\/","title":{"rendered":"Pelican Acquisition Corporation Announces the Separate Trading of its Ordinary Shares and Rights"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, June  10, 2025  (GLOBE NEWSWIRE) &#8212; Pelican Acquisition Corporation (NASDAQ: PELI, the \u201cCompany\u201d), a Cayman Islands exempted company, announced that holders of its 8,625,000 units sold in the Company\u2019s initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about June 12, 2025.<\/p>\n<p>Any units not separated will continue to trade on the Nasdaq Global Market (the \u201cNasdaq\u201d) under the symbol \u201cPELIU,\u201d and the separated ordinary shares and rights are expected to trade on the Nasdaq under the symbols \u201cPELI\u201d and \u201cPELIR,\u201d respectively. Holders of units will need to have their brokers contact Continental Stock Transfer &amp; Trust Co., the Company\u2019s transfer agent, in order to separate the units into ordinary shares and rights.<\/p>\n<p>This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n<p align=\"justify\">\n        <strong>About Pelican Acquisition Corporation<\/strong>\n      <\/p>\n<p align=\"justify\">Pelican Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company\u2019s efforts to identify a prospective target business will not be limited to a particular industry or geographic region.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company\u2019s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.<\/p>\n<p align=\"justify\">\n        <strong>Contact<\/strong>\n      <\/p>\n<p align=\"justify\">Robert Labbe<br \/>Chief Executive Officer<br \/>Email: admin@pelicanacq.com<br \/>Tel: (212) 612-1400<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NjMwMyM2OTg0MjcwIzIzMDIwMDU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZWE0Zjg2ZjAtZjAyOS00OTVjLWJlOTktNGRmNzIzMDkyMWVhLTEzMTM1NTUtMjAyNS0wNi0xMC1lbg==\/tiny\/Pelican-Acquisition-Corp.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) &#8212; Pelican Acquisition Corporation (NASDAQ: PELI, the \u201cCompany\u201d), a Cayman Islands exempted company, announced that holders of its 8,625,000 units sold in the Company\u2019s initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about June 12, 2025. Any units not separated will continue to trade on the Nasdaq Global Market (the \u201cNasdaq\u201d) under the symbol \u201cPELIU,\u201d and the separated ordinary shares and rights are expected to trade on the Nasdaq under the symbols \u201cPELI\u201d and \u201cPELIR,\u201d respectively. Holders of units will need to have their brokers contact Continental Stock Transfer &amp; Trust Co., the Company\u2019s transfer agent, in order to separate the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pelican Acquisition Corporation Announces the Separate Trading of its Ordinary Shares and Rights&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-859260","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pelican Acquisition Corporation Announces the Separate Trading of its Ordinary Shares and Rights - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pelican Acquisition Corporation Announces the Separate Trading of its Ordinary Shares and Rights - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) &#8212; Pelican Acquisition Corporation (NASDAQ: PELI, the \u201cCompany\u201d), a Cayman Islands exempted company, announced that holders of its 8,625,000 units sold in the Company\u2019s initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about June 12, 2025. Any units not separated will continue to trade on the Nasdaq Global Market (the \u201cNasdaq\u201d) under the symbol \u201cPELIU,\u201d and the separated ordinary shares and rights are expected to trade on the Nasdaq under the symbols \u201cPELI\u201d and \u201cPELIR,\u201d respectively. Holders of units will need to have their brokers contact Continental Stock Transfer &amp; Trust Co., the Company\u2019s transfer agent, in order to separate the &hellip; Continue reading &quot;Pelican Acquisition Corporation Announces the Separate Trading of its Ordinary Shares and Rights&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-10T20:20:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NjMwMyM2OTg0MjcwIzIzMDIwMDU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Pelican Acquisition Corporation Announces the Separate Trading of its Ordinary Shares and Rights\",\"datePublished\":\"2025-06-10T20:20:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\\\/\"},\"wordCount\":348,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ2NjMwMyM2OTg0MjcwIzIzMDIwMDU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pelican-acquisition-corporation-announces-the-separate-trading-of-its-ordinary-shares-and-rights\\\/\",\"name\":\"Pelican Acquisition Corporation Announces the Separate Trading of its Ordinary Shares and Rights - 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