Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 20

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 20
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 each Person that executes or becomes bound by such agreement (together with such Person’s permitted transferees). |

| ● | “Companies” means, collectively, March GL Company, a Texas corporation, and Greenland Exploration Limited, a Texas corporation. |

| ● | “Condition Precedent Proposals” means, collectively, the Conversion Proposal, the Governing Documents Proposal and the Stock Issuance Proposal. |

| ● | “Conversion” means the transfer by way of continuation of SPAC from the Cayman Islands and its conversion to a corporation incorporated under the Laws of the State of Texas. |

| ● | “Conversion Proposal” means the proposal for SPAC’s Shareholders to approve the Conversion. |

| ● | “Effective Time” means, with respect to each Merger, the time at which the applicable certificate of merger (or analogous filing) is filed and becomes effective under applicable Law, including the SPAC Merger Effective Time, the Greenland Merger Effective Time and the March GL Merger Effective Time. |

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| ● | “Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended. |

| ● | “Exchange Agent” or “Trustee” means Continental Stock Transfer & Trust Company. |

| ● | “Extraordinary General Meeting” means the Extraordinary General Meeting of SPAC shareholders. |

| ● | “Founder Shareholders” means SPAC’s Sponsor and its designees or other initial holders of SPAC’s Founder Shares, including any transferees thereof as permitted under the Sponsor Support Agreement. |

| ● | “Founder Shares” means the SPAC founder equity (including Class B Shares and any securities issuable upon conversion thereof) held by the Founder Holders. |

| ● | “Governing Documents Advisory Proposals” means, collectively, the non-binding advisory proposals presented to SPAC shareholders regarding certain material governance provisions in the Proposed Governing Documents. |

| ● | “Governing Documents Proposal” means the proposal for SPAC shareholders to approve and adopt the Proposed Certificate of Formation and the Proposed Bylaws of PubCo, effective upon Closing. |

| ● | “Governmental Authority” means any nation or government, any state, province, territory, county, city or other political subdivision thereof, and any supranational, national, federal, state, provincial, local or foreign governmental, regulatory or administrative authority, agency, department, board, bureau, commission, court, tribunal, arbitral body (