Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 527

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 527
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 is or was serving at the request of the company as a partner, director, officer, venturer, proprietor, trustee, employee, administrator or agent of another corporation, limited liability company, partnership or other organization or employee benefit plan, against any expense, liability, or loss asserted against and incurred by such person in such capacity or arising out of such person’s status as such, without regard to whether the company would otherwise have the power to indemnify such person against such expense, liability or loss under the Proposed Bylaws or applicable law.

In addition, the company maintains insurance policies, which insures its officers and directors against certain liabilities, including liabilities under the Securities Act of 1933, as amended.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers, or persons controlling the company pursuant to the foregoing provisions, the company has been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act of 1933 and is therefore unenforceable.

<div align='center'>II-1</div>

Item 21. Exhibits and Financial Statements Schedules

| (a) | Exhibits. |

| Exhibit Number 
 2.1†           
 3.1            |     | Description                                                                                                                                                                                                                                                                    
 Business Combination Agreement, dated as of September 9, 2025, by and among SPAC, Greenland, March GL, SPAC Merger Sub, Greenland Merger Sub, March GL Merger Sub and PubCo (included as Annex A to this proxy statement/prospectus).                                          
 Amended and Restated Memorandum and Articles of Association of SPAC (incorporated by reference to Exhibit 3.1 to SPAC’s Registration Statement on Form S-1, as amended (File No. 333-286452), filed on April 9, 2025).                                                         |
|:---------------|:----|:-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.2            |     | Second Amended and Restated Memorandum and Articles of Association of SPAC (incorporated by reference to Exhibit 3.1 to SPAC’s Form 8-K (File No. 001-42666) filed on May 28, 2025).                                                                                           |
| 3.3*           |     | Form of Proposed Certificate of Formation of PubCo, to become effective prior to Closing of the Business Combination (included as Annex                                                                                                                                        
 B to this proxy statement