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Pelican Acquisition II prices USD 75 million IPO at USD 10 per unit

PUBT·07/31/2026 12:04:43
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Pelican Acquisition II prices USD 75 million IPO at USD 10 per unit
  • Pelican Acquisition II priced an IPO of 7,500,000 units at USD 10 per unit, raising USD 75 million.
  • Units set to trade on Nasdaq under PLCIU from July 24, 2026; each unit includes one ordinary share, one right.
  • Rights convert into one-tenth of an ordinary share upon completion of an initial business combination.
  • EarlyBirdCapital served as sole bookrunner; 45-day option covers up to 1,125,000 additional units.
  • Offering expected to close July 27, 2026, subject to customary conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pelican Acquisition II Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-008146), on July 31, 2026, and is solely responsible for the information contained therein.