Company: PELI
Filing Date: 2025-12-15
Form Type: NT 10-Q
Source: 0001829126-25-010008
Chunk: 1

Company: Pelican Acquisition Corp
Filing Date: 2025-12-15
Form: NT 10-Q
Chunk 1
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|   | -c | The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.                                    |                                                                                                                               |

PART III — NARRATIVE

State
below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not
be filed within the prescribed time period.

The Company is unable to
file its Quarterly Report on Form 10-Q for the three-month period ended October 31, 2025, by the prescribed due date, without unreasonable
effort or expense, because the Company requires additional time to complete the preparation and review of certain disclosures and analyses
to be included in the Report.

In accordance with Rule 12b-25 promulgated under
the Securities Exchange Act of 1934, as amended, the Company expects to file the Report on or prior to the fifth (5) calendar
day following the prescribed due date.

PART IV — OTHER INFORMATION

| (1) | Name and telephone number of person to contact in regard to this notification |

| Robert 
 Labbe  |     |         +1 |     | (212)             
 612-1400          |
| (Name) |     | -Area Code |     | -Telephone Number |

| (2) | Have                                                                                                                                                                                                                                
 all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment                                                                                                
 Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s)                                                                                               
 been filed? If answer is no, identify report(s).                                                                                                                                                                                    |
|     | ☒ Yes   ☐ No                                                                                                                                                                                                                        |
| (3) | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? |
|     | ☐ Yes   ☒ No                                                                                                                                                                                                                        |
|     | If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.                                        |

<div align='center'>2

Pelican Acquisition Corporation

(Name of Registrant as Specified in Charter)</div>

Has caused this