Pelican Acquisition Corporation Announces Separate Trading of Shares and Rights

Pelican Acquisition Corporation, a Cayman Islands exempted company listed on NASDAQ, has announced that starting from June 12, 2025, investors can separately trade the ordinary shares and rights included in its units sold during the initial public offering. The units, originally trading under the symbol 'PELIU', will have their components trade separately under 'PELI' for ordinary shares and 'PELIR' for rights on NASDAQ. This move provides flexibility for investors in managing their portfolios. The company, which is a blank check entity aiming for mergers or acquisitions, emphasizes that this announcement does not constitute an offer or solicitation for securities transactions in unlawful jurisdictions. Pelican Acquisition Corporation is not confined to a specific industry or region in its endeavor to identify potential business combinations. The press release stresses the forward-looking nature of the statements and outlines potential risks associated with future outcomes. For further updates, interested parties are directed to contact the CEO, Robert Labbe.