Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 24

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 24
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 144” means Rule 144 promulgated under the Securities Act. |

| ● | “Sarbanes-Oxley Act” means the Sarbanes-Oxley Act of 2002. |

| ● | “SEC” means the U.S. Securities and Exchange Commission. |

| ● | “Securities Act” means the U.S. Securities Act of 1933, as amended. |

| ● | “SPAC” means Pelican Acquisition Corporation, a Cayman Islands exempted company prior to the Conversion and a Texas corporation thereafter, prior to the Closing. |

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| ● | “SPAC Board” means the board of directors of SPAC prior to the Closing. |

| ● | “SPAC Initial Shareholders” means the Insiders, including the Sponsor and other initial holders of SPAC’s Founder Shares prior to the IPO. |

| ● | “SPAC Merger” means the merger of SPAC Merger Sub with and into SPAC, with SPAC surviving as a wholly-owned subsidiary of PubCo, on the terms set forth in the Business Combination Agreement. |

| ● | “SPAC Merger Sub” means Pelican Merger Sub, Inc., a Texas corporation and a wholly owned subsidiary of PubCo. |

| ● | “SPAC Ordinary Shares” means the ordinary shares, par value $0.0001 per share of SPAC prior to the Conversion, which will convert into PubCo Common Stock in accordance with the terms set forth herein. |

| ● | “SPAC Public Shares” means the SPAC Ordinary Shares that were issued in the IPO. |

| ● | “SPAC Private Rights” means the rights sold by SPAC in a private placement consummated concurrently with SPAC’s IPO. |

| ● | “Sponsor” means Pelican Sponsor LLC, a Delaware limited liability company, in its capacity as the Sponsor of SPAC. |

| ● | “Tax” or “Taxes” means all federal, state, local and foreign taxes, assessments and similar charges (together with any interest, penalties or additions thereto) imposed by any Governmental Authority. |

| ● | “TBOC” means the Texas Business Organization Code, as amended. |

| ● | “Trust Account” means the segregated trust account maintained by the Trustee on behalf of SPAC holding the proceeds of SPAC’s IPO and certain concurrent private placements. |

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