Company: PELI
Filing Date: 2025-10-20
Form Type: 425
Source: 0001829126-25-008232
Chunk: 3

Company: Pelican Acquisition Corp
Filing Date: 2025-10-20
Form: 425
Chunk 3
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 Greenland,
March GL, and PubCo through the website maintained by the SEC at www.sec.gov.

Participants in the Solicitation

Pelican, Greenland, March GL, PubCo, and their
respective directors and officers may be deemed participants in the solicitation of proxies of Pelican shareholders in connection with
the Business Combination. More detailed information regarding the directors and officers of Pelican, and a description of their interests
in Pelican is contained in Pelican’s filings with the SEC, including its Quarterly Report on Form 10-Q for the fiscal quarters
ended July 31, 2025, which was filed with the SEC on September 15, 2025, April 30, 2025, which was filed with the SEC on June 27, 2025,
and the initial business combination offering filed on Form S-1, and effective as of May 22, 2025, which are available free of charge
at the SEC’s website at www.sec.gov. Information regarding the persons who may,
under the SEC rules, be deemed participants in the solicitation of proxies of Pelican’s shareholders and other interested persons
in connection with the Business Combination and other matters to be voted upon at the Pelican Shareholders Meeting will be set forth
in the Registration Statement for the Business Combination when available.

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Forward-Looking Statements

This Current Report on Form 8-K includes certain
statements that may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act, and
Section 21E of the Exchange Act. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts
or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,”
“believe,” “continue,” “estimate,” “expect,” “intends,” “may,”
“might,” “plan,” “possible,” “potential,” “predict,” “project,”
“seek,” “should,” “target,” “would,” and similar expressions may identify forward-looking
statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include,
but are not limited to, statements about Pelican, Greenland, and March GL’s ability to effectuate the Business Combination discussed
in this document; the benefits of the Business Combination; the future financial performance of PubCo (defined as the Greenland Energy
Company, which will be