Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 428

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 428
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 the date hereof without the consent of the Purchaser.

4.9 Compliance with Laws.To the Knowledge of the Company, such Company is not, and since its incorporation has never been, in material conflict
or material non-compliance with, or in material default or violation of any applicable Laws. Since its incorporation, such Company, to
its Knowledge, (i) has not received any written or oral notice of any material conflict or non-compliance with, or material default or
violation of, any applicable Laws by which it or any of its properties, assets, employees, business, products or operations are or were
bound or affected, (ii) has not been subjected to any investigation by a Governmental Authority regarding any actual or alleged violation
of or failure on the part of such Company to comply with any applicable Law, (iii) has not had claims filed against it with any Governmental
Authority alleging any failure by such Company to comply with applicable Law, and (iv) has not made a voluntary, directed, or involuntary
disclosure to any Governmental Authority regarding any alleged act or omission arising under or relating to any noncompliance with any
applicable Law, in the case of clauses (i) through (iii), except as would not, or would not reasonably be expected to, be a Material Adverse
Effect to such Company.

4.10 Company Permits.Such Company (and its employees who are legally required to be licensed by a Governmental Authority in order to perform his or her
duties with respect to his or her employment with such Company), holds all licenses and Permits necessary to lawfully own, lease and conduct
in all material respects its business as presently conducted and to own, lease and operate its assets and properties (collectively, the
“Company Permits”). Such Company has made available to Purchaser true, correct and complete copies of all material
Company Permits, all of which Company Permits are listed on Schedule 4.10. All the Company Permits are in full force and effect and not
subject to, or threatened to be subject to, any revocation or modification Proceeding, to the Knowledge of such Company, and such Company
is conducting business in full compliance with the Company Permits. Such Company is not in violation in any material respect of the terms
of the Company Permits, and such Company has received no written or, to the Knowledge of the Company, oral notice of any Actions relating
to the revocation or modification