Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 383

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 383
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380,009 |   |
| Commitments and contingencies                                                                                                   |     |   |         - |   |
| Stockholders’ Equity                                                                                                            |     |   |           |   |
| Common stock, $0.001 par value per share; 5,000,000 shares authorized; 44,600 shares issued and outstanding as of June 30, 2025 |     |   |        45 |   |
| Additional paid-in capital                                                                                                      |     |   | 1,150,095 |   |
| Accumulated deficit                                                                                                             |     |   |  (445,105 | ) |
| Total Stockholders’ Equity                                                                                                      |     |   |   705,035 |   |
| Total Liabilities and Stockholders’ Equity                                                                                      |     | $ | 1,085,044 |   |

<div align='center'>See notes to financial statements

F-60</div>

March GL

Statement of Operations

For the Period from Inception (March 31, 2025) through June 30, 2025

| Revenue                                       |     | $ |        - |   |
| Total revenue                                 |     |   |        - |   |
| Expenses                                      |     |   |          |   |
| Operating expenses                            |     |   |  445,105 |   |
| Total expenses                                |     |   |  445,105 |   |
| Net income (loss) before income taxes         |     |   | (445,105 | ) |
| Income taxes                                  |     |   |        - |   |
| Net income (loss)                             |     | $ | (445,105 | ) |
| Earnings (loss) per share – basic and diluted |     | $ |   (10.90 | ) |
| Weighted average shares outstanding           |     |   |   40,800 |   |

<div align='center'>See notes to financial statements

F-61</div>

March GL

Statement of Stockholders’ Equity

For the Period from Inception (March 31, 2025) through June 30, 2025

| Balance – March 31, 2025 (inception) |     | Common Stock 
 Shares       |      - |     | Amount |  - |     | Additional 
 Paid-in    
 Capital    |         - |     | Accumulated 
 Deficit     | -        |   |     |