Pelican Acquisition Corp, trading under the ticker PELI, is a blank-check company formed to identify and complete a merger or acquisition with a target business. The company filed a Form 425 communication with the SEC on March 17, 2026, accession number 0001829126-26-002400, indicating that Pelican is actively engaged in a proposed business combination and has entered the de-SPAC phase of its lifecycle. Form 425 filings are prospectus-related communications required under Rule 425 of the Securities Act in connection with business combination transactions. Full details on Pelican's sponsor, IPO vintage, and target sector are available on SpacDesk — sign up at spacdesk.com to access the complete filing history, deal timeline, and real-time data on PELI and hundreds of other active SPACs.