Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 26

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 26
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’s ongoing business operations; |

| ● | potential litigation that may be instituted against SPAC, PubCo or the Companies or their respective directors or officers in connection with the Business Combination; |

| ● | PubCo’s ability to comply with all applicable Laws and regulations; |

| ● | the impact of public perception of fossil fuel derived energy on PubCo’s business; |

| ● | our ability to successfully implement our exploration strategy in the Jameson Land Basin of East Greenland, a frontier exploration area with limited existing infrastructure and data; |

| ● | the accuracy of our prospective resource estimates and our ability to convert those estimates into proved reserves through successful drilling and development; |

| ● | the results, costs, and timing of our planned exploration and drilling activities, including the drilling of our first wells; |

| ● | our ability to raise the significant capital required to fund our exploration and development program, and the availability and terms of future financing; |

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| ● | fluctuations in commodity prices for oil, natural gas, and NGLs, which may affect the economic viability of our projects; |

| ● | our ability to secure and maintain necessary exploration and drilling permits, approvals, and licenses in Greenland and to comply with evolving environmental and regulatory requirements; |

| ● | the performance of our third-party contractors, strategic partners, and joint venture participants, and our ability to maintain these relationships; |

| ● | operational risks inherent in oil and gas exploration and development, including drilling hazards, well control events, and equipment failures; |

| ● | our ability to attract and retain key personnel with specialized technical expertise; |

| ● | changes in political, economic, or regulatory conditions in Greenland or other jurisdictions where we may operate; |

| ● | the effects of future climate change policies, carbon regulation, and environmental Laws on our business; |

| ● | competition from other oil and gas companies and from alternative energy sources; and |

| ● | other risk factors discussed under “Risk Factors” in this prospectus. |

Should one or more of these risks or uncertainties materialize, or should any of the assumptions made by the management of SPAC, the Companies or PubCo prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements contained in this proxy statement/prospectus. Accordingly, you should not place undue reliance on these forward-looking statements in deciding how to vote your shares on the proposals set forth in this proxy statement/prospectus.

Except to the extent required by applicable