Pelican Acquisition Corp (PELIR) — SEC Filings

Pelican Acquisition Corp (PELIR) — 15 SEC filings. Latest: 10-Q (Dec 19, 2025). Includes 8 8-K, 3 10-Q, 3 S-1/A.

View Pelican Acquisition Corp on SEC EDGAR

Overview

Pelican Acquisition Corp (PELIR) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Dec 19, 2025: Pelican Acquisition Corp (PELIR) reported a net income of $514,636 for the three months ended October 31, 2025, a significant improvement from a net loss of $43,064 in the same period of 2024. For the nine months ended October 31, 2025, the company achieved a net income of $802,493, compared to a ne

Sentiment Summary

Across 15 filings, the sentiment breakdown is: 1 bullish, 13 neutral, 1 mixed. The dominant filing sentiment for Pelican Acquisition Corp is neutral.

Filing Type Overview

Pelican Acquisition Corp (PELIR) has filed 3 10-Q, 8 8-K, 3 S-1/A, 1 S-1 with the SEC between Apr 2025 to Dec 2025.

Recent SEC Filings (15)

Pelican Acquisition Corp SEC Filing History
DateFormDescriptionRisk
Dec 19, 202510-QPelican Acquisition Swings to Profit on Trust Account Interestmedium
Oct 31, 20258-K8-K Filing
Oct 24, 20258-KPelican Acquisition Corp. Files 8-Klow
Oct 20, 20258-KPelican Acquisition Corp. Files 8-K with Organizational Detailslow
Sep 15, 202510-QPelican Acquisition Swings to Profit, Announces Merger Agreementmedium
Sep 10, 20258-KPelican Acquisition Corp. Files 8-Klow
Jun 27, 202510-QPelican Acquisition Corp Posts Q1 Loss, Eyes $100M IPO for SPAC Huntmedium
Jun 11, 20258-KPelican Acquisition Corp. Files 8-Klow
Jun 4, 20258-KPelican Acquisition Corp. Files 8-Klow
Jun 3, 20258-KPelican Acquisition Corp. Files 8-Klow
May 28, 20258-KPelican Acquisition Corp. Files 8-K with Material Agreementsmedium
May 20, 2025S-1/APelican Acquisition Corp. Files S-1/A Amendmentmedium
May 2, 2025S-1/APelican Acquisition Corp. Amends S-1 Filingmedium
May 1, 2025S-1/APelican Acquisition Corp. Files S-1/A Amendmentmedium
Apr 9, 2025S-1Pelican Acquisition Corp. Files for IPOmedium

Risk Profile

Risk Assessment: Of PELIR's 14 recent filings, 0 were flagged as high-risk, 8 as medium-risk, and 6 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Pelican Acquisition Corp Financial Summary (10-Q, Dec 19, 2025)
MetricValue
Revenue$0
Net Income$802,493
EPSN/A
Debt-to-EquityN/A
Cash Position$220
Operating MarginN/A
Total Assets$88,054,474
Total Debt$311,250

Key Executives

  • Hui Chen
  • Robert Labbe
  • Cassi Olson, Esq.
  • Nicholas Torres, Esq.

Industry Context

Pelican Acquisition Corp operates within the Special Purpose Acquisition Company (SPAC) sector, which has seen significant activity in recent years, particularly targeting technology companies. The industry is characterized by a race against time to identify and complete a business combination before a set deadline. Success hinges on identifying a viable target and navigating regulatory and market conditions to ensure shareholder approval and minimize redemptions.

Top Tags

spac (6) · SPAC (4) · IPO (3) · sec-filing (3) · Technology Industry (2) · Blank Check Company (2) · Trust Account (2) · Financial Performance (2) · corporate-structure (2) · registration (2)

Key Numbers

Pelican Acquisition Corp Key Metrics
MetricValueContext
Net Income$802,493For the nine months ended October 31, 2025, a significant improvement from a $43,064 net loss in the prior year period.
Interest Income from Trust Account$1,524,470For the nine months ended October 31, 2025, driving the company's profitability.
Investments in Trust Account$87,774,470As of October 31, 2025, representing the primary asset base for a future business combination.
Cash$220As of October 31, 2025, indicating minimal operational cash outside the Trust Account.
Business Combination DeadlineAugust 27, 2026The date by which Pelican must complete its initial business combination.
General and Administrative Expenses$726,449For the nine months ended October 31, 2025, an increase from $43,064 in the prior year period.
Ordinary Shares Subject to Possible Redemption8,625,000As of October 31, 2025, reflecting the public shares that can be redeemed.
Redemption Value Per Share$10.18As of October 31, 2025, for ordinary shares subject to possible redemption.
SEC File Number001-42666Identifies the company's filing history with the SEC.
Net income$307,410For the three months ended July 31, 2025
Investments held in Trust Account$86,885,672As of July 31, 2025, up from $0 on January 31, 2025
Gross proceeds from IPO$75,000,000From 7,500,000 units at $10.00 per unit on May 27, 2025
Gross proceeds from over-allotment option$11,250,000From 1,125,000 units at $10.00 per unit on May 30, 2025
Total transaction costs$2,635,148Consisting of underwriting commissions and other offering costs
Cash balance$252,240As of July 31, 2025, up from $59,073 on January 31, 2025

Related Companies

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Frequently Asked Questions

What are the latest SEC filings for Pelican Acquisition Corp (PELIR)?

Pelican Acquisition Corp has 15 recent SEC filings from Apr 2025 to Dec 2025, including 8 8-K, 3 10-Q, 3 S-1/A. Each filing includes an AI-generated plain-English summary.

What is the overall sentiment of PELIR filings?

Across 15 filings, the sentiment breakdown is: 1 bullish, 13 neutral, 1 mixed. The dominant sentiment is neutral.

Where can I find Pelican Acquisition Corp SEC filings explained simply?

ReadTheFiling provides AI-powered plain-English summaries of all Pelican Acquisition Corp (PELIR) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.

What are the key financial highlights for Pelican Acquisition Corp?

Key financial highlights from Pelican Acquisition Corp's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.

What is the investment thesis for PELIR?

The investment thesis for PELIR includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.

Who are the key executives at Pelican Acquisition Corp?

Key executives identified across Pelican Acquisition Corp's filings include Hui Chen, Robert Labbe, Cassi Olson, Esq., Nicholas Torres, Esq..

What are the main risk factors for Pelican Acquisition Corp stock?

Of PELIR's 14 assessed filings, 0 were flagged high-risk, 8 medium-risk, and 6 low-risk.

What are recent predictions and forward guidance from Pelican Acquisition Corp?

Forward guidance and predictions for Pelican Acquisition Corp are extracted from SEC filings as they are enriched.

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