# EDGAR Filing Document

**Accession Number:** 0002093507
**File Stem:** 0001829126-26-004456
**Filing Date:** 2026-5
**Character Count:** 8662
**Document Hash:** fc5961b5d5925fda560294f76dc9aa1b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001829126-26-004456.hdr.sgml**: 20260504

**ACCESSION NUMBER**: 0001829126-26-004456

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251205

**FILED AS OF DATE**: 20260504

**DATE AS OF CHANGE**: 20260504

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** BAQAR HASSAN
- **CENTRAL INDEX KEY:** 0001529638

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-43210
- **FILM NUMBER:** 26937666

**MAIL ADDRESS:**
- **STREET 1:** KINGSWAY FINANCIAL SERVICES INC.
- **STREET 2:** 150 PIERCE ROAD, SUITE 600
- **CITY:** ITASCA
- **STATE:** IL
- **ZIP:** 60143
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Greenland Energy Co
- **CENTRAL INDEX KEY:** 0002093507
- **STANDARD INDUSTRIAL CLASSIFICATION:** DRILLING OIL & GAS WELLS [1381]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 394828593
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 0131

**BUSINESS ADDRESS:**
- **STREET 1:** 5900 BALCONES DRIVE, SUITE 100
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78731
- **BUSINESS PHONE:** (212) 612-1400

**MAIL ADDRESS:**
- **STREET 1:** 1185 AVENUE OF THE AMERICAS, SUITE 349
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Pelican Holdco, Inc.
- **DATE OF NAME CHANGE:** 20251023

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>BAQAR HASSAN<br><sub>(Last) (First) (Middle)</sub><br>C/O GREENLAND ENERGY COMPANY<br>3400 EAST BAYAUD AVENUE, SUITE 400<br><sub>(Street)</sub><br>DENVER, CO 80209<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-05 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Greenland Energy Co [ GLND ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2026-03-25 |  | C |  | 3000 | A | <sup>(1)</sup> |  | D |  |
| Common Stock | 2026-05-04 |  | P |  | 45000 | A | 2.90<sup>(2)</sup> |  | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Pelican Rights<sup>(1)</sup> | $0.00 | 2025-12-05 |  | P |  | 30000 |  | 2026-03-25 | 2026-03-25 | Common Stock | 3000 | $0.299 | 30000 | D |  |
| Pelican Rights<sup>(1)</sup> | $0.00 | 2026-03-25 |  | C |  |  | 30000 | 2026-03-25 | 2026-03-25 | Common Stock | 3000 | $0 | 0 | D |  |
| Warrants<sup>(3)</sup> | $15.00 |  |  |  |  |  |  | 2026-04-24 | 2036-03-25 | Common Stock | 375000 |  | 375000 | D |  |
| Public Warrants<sup>(4)</sup> | $11.50 | 2026-05-04 |  | P |  | 25000 |  | 2026-05-04 | 2031-04-21 | Common Stock | 25000 | 0.999<sup>(5)</sup> | 25000 | D |  |

---

### Footnotes:

(1) On December 5, 2025, the Reporting Person purchased 30,000 rights of Pelican Acquisition Corporation ("Pelican Rights") on the open market at $0.299 per right. Each ten (10) Pelican Rights entitled the holder to receive one (1) share of common stock upon consummation of a business combination. On March 25, 2026, the 30,000 Pelican Rights automatically converted into 3,000 shares of common stock of Greenland Energy Company in connection with the closing of the business combination, at an effective cost basis of approximately $2.99 per share. The Pelican Rights and the resulting shares of common stock were inadvertently omitted from the Reporting Person's Initial Statement of Beneficial Ownership on Form 3 filed on March 31, 2026, and are being reported herein.

(2) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.78 to $2.93 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

(3) Comprised of 375,000 warrants, with each warrant exercisable for one share of common stock, par value $0.0001 per share, of Greenland Energy Company at an exercise price of $15.00 per share. These warrants were issued to the Reporting Person in connection with the business combination consummated by Greenland Energy Company (formerly Pelican Holdco, Inc.), March GL Company, Greenland Exploration Limited, and Pelican Acquisition Corporation.

(4) Comprised of 25,000 public warrants (ticker: GLNDW), with each warrant exercisable for one share of common stock, par value $0.0001 per share, of Greenland Energy Company at an exercise price of $11.50 per share. These warrants were acquired in an open market purchase.

(5) The price reported is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.99 to $1.00 per warrant. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the range set forth in this footnote.

**Signature:** /s/ Hassan R. Baqar  
**Date:** 2026-05-04

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**