Pelican Acquisition Corp. Files for IPO
Ticker: PELIR · Form: S-1 · Filed: Apr 9, 2025 · CIK: 2037431
| Field | Detail |
|---|---|
| Company | Pelican Acquisition Corp (PELIR) |
| Form Type | S-1 |
| Filed Date | Apr 9, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, ipo, real-estate, construction
TL;DR
Pelican Acquisition Corp. (a SPAC) just filed for an IPO, aiming to buy real estate/construction companies.
AI Summary
Pelican Acquisition Corp. filed an S-1 registration statement with the SEC on April 9, 2025, for a proposed initial public offering. The company, incorporated in the Cayman Islands, is a blank check company focused on real estate and construction, with principal executive offices located at 1185 Avenue of the Americas, Suite 304, New York, NY 10036. The filing indicates a registration number of 333-[*] and is subject to the Securities Act of 1933.
Why It Matters
This S-1 filing signals Pelican Acquisition Corp.'s intention to go public, potentially raising capital for future acquisitions in the real estate and construction sectors.
Risk Assessment
Risk Level: medium — As a blank check company (SPAC), its success is highly dependent on identifying and completing a suitable acquisition within a specified timeframe.
Key Numbers
- 333-[*] — Registration Number (Identifies the specific registration for this offering.)
- 0831 — Fiscal Year End (Indicates the end of the company's fiscal year.)
Key Players & Entities
- Pelican Acquisition Corp. (company) — Registrant
- April 9, 2025 (date) — Filing date
- Cayman Islands (jurisdiction) — State of Incorporation
- 6770 (sic_code) — Standard Industrial Classification Code for Blank Checks
- 1185 Avenue of the Americas, Suite 304, New York, NY 10036 (address) — Principal Executive Offices
- Robert Labbe (person) — Agent for Service
- Cassi Olson, Esq. (person) — Counsel
- Nicholas Torres, Esq. (person) — Counsel
FAQ
What is the primary business focus of Pelican Acquisition Corp.?
Pelican Acquisition Corp. is a blank check company focused on the real estate and construction industry, as indicated by its SIC code 6770.
When was the S-1 filing submitted to the SEC?
The S-1 filing was submitted to the U.S. Securities and Exchange Commission on April 9, 2025.
Where are Pelican Acquisition Corp.'s principal executive offices located?
The principal executive offices of Pelican Acquisition Corp. are located at 1185 Avenue of the Americas, Suite 304, New York, NY 10036.
What is the state of incorporation for Pelican Acquisition Corp.?
Pelican Acquisition Corp. is incorporated in the Cayman Islands.
Who is listed as an agent for service for Pelican Acquisition Corp.?
Robert Labbe is listed as the agent for service for Pelican Acquisition Corp.
Filing Details
This Form S-1 (Form S-1) was filed with the SEC on April 9, 2025 by Robert Labbe regarding Pelican Acquisition Corp (PELIR).