Market Movers (8-K)
Pelican Acquisition II Corporation announced that holders of its units can now elect to separately trade ordinary shares and rights, effective August 12, 2026.
Pelican Acquisition II Corporation has successfully consummated its initial public offering, generating gross proceeds of $86,250,000.
Capital raise
Pelican Acquisition II Corporation announced the pricing of its initial public offering of 7,500,000 units at $10.00 per unit, raising gross proceeds of $75,000,000.
Capital raise
New Public Companies (S-1)
Pelican Acquisition II Corporation, a blank check company, has filed an S-1/A amendment detailing its proposed $75 million initial public offering of units, each consisting of one ordinary share and one right.
Capital raise