NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Pelican Acquisition Corporation (NASDAQ: PELIU, the “Company”) announced today that it has closed its initial public offering of 7,500,000 units at $10.00 per unit. Each unit consists of one ordinary share of the Company and one right, with each right entitling the holder thereof to receive one-tenth (1/10) of one ordinary share upon the consummation of an initial business combination. The units are listed on the Nasdaq Global Market (“NASDAQ”) and began trading u ...