Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 14

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 14
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 effective upon the Closing, the Proposed Bylaws (as defined below), in the form appended to the accompanying proxy statement/prospectus as Annex C, to be effective upon the Closing, be approved in all respects (the “Governing Documents Proposal”). |

| ● | Proposal No. 4 — Governing Documents Advisory Proposals — RESOLVED, as an ordinary resolution, on an advisory and non-binding basis, that the material differences between the existing governing documents and the proposed governing documents relating to approving provisions in the Proposed Certificate of Formation, providing: (i) for a change in the authorized share capital, (ii) that the PubCo Board may issue shares of preferred stock of PubCo, (iii) that stockholders may only act at annual or special meetings, (iv) adopting Texas as the exclusive forum for certain stockholder litigation and the United States District Courts as the exclusive forum for litigation arising out of the federal securities Laws, as described in four separate proposals, be approved in all respects (such proposals, the “Governing Documents Advisory Proposals”). |

| ● | Proposal No. 5 — The Stock Issuance Proposal — RESOLVED, as an ordinary resolution, that, for the purposes of complying with applicable listing rules of The Nasdaq Stock Market LLC the issuance of (i) shares of common stock of PubCo (“PubCo Common Stock”) in connection with the Business Combination; and (ii) any other issuances of preferred stock, common stock and securities convertible into or exercisable for common stock pursuant to subscription, purchase or similar agreements that SPAC has entered, or may enter, into prior to the Closing of the Business Combination, be approved in all respects (the “Stock Issuance Proposal”). |

| ● | Proposal No. 6 — The Incentive Plan Proposal — RESOLVED, as an ordinary resolution, that, upon the Closing, the Greenland Energy Company 2025 Equity Incentive Plan (the “Incentive Plan”), the form of which is attached to the proxy statement/prospectus as Annex D, be adopted and approved (the “Incentive Plan Proposal”). |

| ● | Proposal No. 7 — The Adjournment Proposal — RESOLVED, as an ordinary resolution, that the Extraordinary General Meeting be adjourned to a later date or dates (i) to the extent necessary to ensure that any required supplement or amendment to the proxy statement/prospectus is provided to SPAC shareholders or, if as of the time for