Greenland Energy Company - Common Stock (GLND)

Greenland Energy (NASDAQ: GLND) announced that Joe Moglia has been appointed executive advisor to the board of directors following the closing of its business combination with Pelican Acquisition Corporation, Greenland Exploration Limited and March GL Company. The company said Moglia, the former CEO and chairman of TD Ameritrade, brings decades of experience in capital markets, corporate strategy and global economic analysis, and will advise on long-term strategy as Greenland Energy advances what it describes as a highly strategic frontier opportunity tied to Western energy security, environmental stewardship and regulatory integrity.

Greenland Energy Company (NASDAQ:GLND) shares are trading higher amid volatility following its merger with Pelican Acquisition Corporation.

Pelican Acquisition (NASDAQ: PELI) announced the successful completion of its business combination with Pelican Holdco Inc., Greenland Exploration Limited and March GL Company, forming Greenland Energy Company, which will begin trading on The Nasdaq Stock Market under the ticker (NASDAQ: GLND) on March 26, 2026. The combined company is advancing development of the Jameson Land Basin in East Greenland, where reprocessed seismic data has identified more than 50 oil and gas targets and independent estimates suggest up to 13 billion barrels of recoverable oil, as it prepares for initial drilling supported by established infrastructure, logistics partnerships and key service providers.