Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 103

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 103
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 demand for PubCo securities could decrease, which might cause the PubCo Common Stock price and trading volume to decline.

Future sales, or the perception of future sales, by PubCo or its stockholders in the public market following the Business Combination could cause the market price for PubCo Common Stock to decline.

Sales of substantial amounts of PubCo Common Stock in the public market after the Closing, or the perception that such sales could occur, could harm the prevailing market price of PubCo Common Stock. These sales, or the possibility that these sales may occur, also might make it more difficult for PubCo to sell equity securities in the future at a time and at a price that it deems appropriate. We cannot predict what effect, if any, market sales of PubCo Common Stock or the availability of these securities for future sale will have on the market price of the PubCo Common Stock.

The trading price of the PubCo Common Stock is likely to be volatile, which could result in substantial losses to investors.

The trading price of the PubCo Common Stock is likely to be volatile and could fluctuate widely due to factors beyond its control or unrelated to its historical financial performance and condition and prospects. This may happen because of broad market and industry factors, including the performance and fluctuation of the market prices of other companies with business operations similar to PubCo. In addition to market and industry factors, the price and trading volume for the PubCo Common Stock may be highly volatile for factors specific to PubCo’s operations, including the following:

| ● | variations in its revenues, earnings and cash flow; |

| ● | announcements of new investments, acquisitions, strategic partnerships or joint ventures by it or its competitors; |

| ● | announcements of new offerings, solutions and expansions by it or its competitors; |

| ● | changes in financial estimates by securities analysts; |

| ● | detrimental adverse publicity about it, its services or its industry; |

| ● | announcements of new regulations, rules or policies relevant for its business; |

| ● | additions or departures of key personnel; |

| ● | release of lockup or other transfer restrictions on its outstanding equity securities or sales of additional equity securities; and |

| ● | potential litigation or regulatory investigations. |

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Any of these factors may result in large and sudden changes in the volume and price at which the PubCo Common Stock will trade.

In the past, shareholders of public companies have often brought securities class action suits against those companies following periods of instability in the