Pelican Sponsor LLC - 27 May 2025 Form 3 Insider Report for Pelican Acquisition Corp (PELI)

Role
10%+ Owner
Signature
/s/ Chen Chen, Managing Member of Pelican Sponsor LLC
Issuer symbol
PELI
Transactions as of
27 May 2025
Net transactions value
$0
Form type
3
Filing time
03 Jun 2025, 16:31:14 UTC

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Pelican Sponsor LLC 10%+ Owner PELICAN SPONSOR LLC 1201, ORANGE STREET, SUITE 600, WILMINGTON, DELAWARE /s/ Chen Chen, Managing Member of Pelican Sponsor LLC 03 Jun 2025 0002064019

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PELIU Ordinary Shares, par value $0.0001 per share 3,076,250 27 May 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PELIU Rights 27 May 2025 Ordinary Shares 20,125 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,875,000 ordinary shares (of which 375,000 ordinary shares are subject to forfeiture based on the underwriters' exercise of their overallotment option) and 201,250 ordinary shares underlying the private placement units, which were sold in a private placement taking place simultaneously with the Pelican Acquisition Corp's initial public offering.
F2 Includes 201,250 rights underlying the private placement units, which were sold in a private placement taking place simultaneously with the Pelican Acquisition Corp's initial public offering. Each right is exchangeable for one tenth of one ordinary share upon the completion of Pelican Acquisition Corp's initial business combination.