Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 398

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 398
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 and obligations of Pelican Merger
Sub and Purchaser shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations
of the Surviving Pelican Company, which shall include the assumption by the Surviving Pelican Company of any and all agreements, covenants,
duties and obligations of Pelican Merger Sub and Purchaser set forth in this Agreement to be performed after the Pelican Merger Effective
Time.

(b) At the Greenland Merger
Effective Time, the effect of the Greenland Merger shall be as provided in this Agreement, the Greenland Certificate of Merger and the
applicable provisions of the TBOC. Without limiting the generality of the foregoing, and subject thereto, at the Greenland Merger Effective
Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Greenland
Merger Sub and Greenland shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties
and obligations of the Surviving Greenland Company, which shall include the assumption by the Surviving Greenland Company of any and all
agreements, covenants, duties and obligations of Greenland Merger Sub and Greenland set forth in this Agreement to be performed after
the Greenland Merger Effective Time.

(c) At the March GL Merger
Effective Time, the effect of the March GL Merger shall be as provided in this Agreement, the March GL Certificate of Merger and the applicable
provisions of the TBOC. Without limiting the generality of the foregoing, and subject thereto, at the March GL Merger Effective Time,
all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of March GL Merger
Sub and March GL shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations
of the Surviving March GL Company, which shall include the assumption by the Surviving March GL Company of any and all agreements, covenants,
duties and obligations of March GL Merger Sub and March GL set forth in this Agreement to be performed after the March GL Merger Effective
Time.

1.4 Certificate of Incorporation and Bylaws; Directors and Officers.

(a) At the Pelican Merger Effective
Time, subject to obtaining the approval of the Required Purchaser Shareholder Approval and by virtue of the Pelican Mer