Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 425

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 425
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 such Company does not have any Subsidiaries.

4.5 Governmental Approvals.Except as otherwise described in Schedule 4.5, no Consent of or with any Governmental Authority on the part of the Company
is required to be obtained or made in connection with the execution, delivery or performance by such Company of this Agreement or any
Ancillary Documents or the consummation by such Company of the transactions contemplated hereby or thereby other than such filings as
expressly contemplated by this Agreement.

4.6 Non-Contravention.Except as otherwise described in Schedule 4.6, the execution and delivery of this Agreement and the Ancillary Documents by such Company
and of the transactions contemplated hereby and thereby, consummation by such Company of the transactions contemplated hereby and thereby
and compliance by such Company with any of the provisions hereof and thereof, will not (a) conflict with or violate any provision of such
Company’s Organizational Documents, (b) subject to obtaining the Consents from Governmental Authorities referred to in Section 4.5 hereof, the waiting periods referred to therein having expired, and any condition precedent to such Consent or waiver having
been satisfied, conflict with or violate any Law, Order or Consent applicable to such Company or any of its material properties or assets,
or (c) (i) violate, conflict with or result in a breach of, (ii) constitute a default (or an event which, with notice or lapse of time
or both, would constitute a default) under, (iii) result in the termination, withdrawal, suspension, cancellation or modification of,
(iv) accelerate the performance required by such Company under, (v) result in a right of termination or acceleration under, (vi) give
rise to any obligation to make payments or provide compensation under, (vii) result in the creation of any Lien upon any of the properties
or assets of such Company under (other than Permitted Liens), (viii) give rise to any obligation to obtain any third party Consent or
provide any notice to any Person or (ix) give any Person the right to declare a default, exercise any remedy, claim a rebate, chargeback,
penalty or change in delivery schedule, accelerate the maturity or performance, cancel, terminate or modify any right, benefit, obligation
or other term under, any of the terms, conditions or provisions of the Company Material Contracts, where such conflict, violation, breach,
default, termination, cancellation, modification,