{"success":true,"data":{"pressRelease":{"id":"102171","rtpr_id":"nGNXHy5rD","ticker":"PLCIU","exchange":"NASDAQ","all_tickers":["PLCIU"],"title":"Pelican Acquisition II Corporation Announces Closing of Initial Public Offering","author":"Globe Newswire","published_at":"2026-07-29T13:25:00.100Z","article_body":"NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Pelican Acquisition II Corporation\n(Nasdaq: PLCIU, the “Company”) announced today that it has closed on July\n27, 2026 its initial public offering of 8,625,000 units at $10.00 per unit,\nincluding the 1,125,000 units issued pursuant to the full exercise by the\nunderwriters of their over-allotment option, resulting in aggregate gross\nproceeds of $86,250,000, before deducting underwriting discounts and estimated\noffering expenses.\n\nEach unit consists of one ordinary share of the Company and one right, with\neach right entitling the holder thereof to receive one-tenth (1/10) of one\nordinary share upon the consummation of an initial business combination. The\nunits are listed on The Nasdaq Capital Market (“Nasdaq”) and began trading\nunder the ticker symbol “PLCIU” on July 24, 2026. Once the securities\ncomprising the units begin separate trading, the ordinary shares and rights\nare expected to be listed on Nasdaq under the symbols “PLCI,” and\n“PLCIR,” respectively.\n\nEarlyBirdCapital, Inc. acted as sole book-running manager for this offering.\n\nA registration statement relating to these securities was declared effective\nby the Securities and Exchange Commission on July 23, 2026. The offering was\nmade only by means of a prospectus. Copies of the prospectus may be obtained,\nby contacting EarlyBirdCapital, Inc., 366 Madison Avenue, New York, NY 10017,\nAttention: Syndicate Department, or by calling 212-661-0200. Copies of the\nregistration statement can be accessed through the SEC’s website at\nwww.sec.gov.\n\nThis press release shall not constitute an offer to sell or a solicitation of\nan offer to buy, nor shall there be any sale of these securities in any state\nor jurisdiction in which such offer, solicitation or sale would be unlawful\nprior to registration or qualification under the securities laws of any such\nstate or jurisdiction.\n\nAbout Pelican Acquisition II Corporation\n\nPelican Acquisition II Corporation is a blank check company formed for the\npurpose of effecting a merger, share exchange, asset acquisition, share\npurchase, reorganization or similar business combination with one or more\nbusinesses. The Company’s efforts to identify a prospective target business\nwill not be limited to a particular industry or geographic region.\n\nForward-Looking Statements\n\nThis press release includes forward-looking statements that involve risks and\nuncertainties. Forward-looking statements are statements that are not\nhistorical facts. Such forward-looking statements are subject to risks and\nuncertainties, which could cause actual results to differ from the\nforward-looking statements. The Company expressly disclaims any obligations or\nundertaking to release publicly any updates or revisions to any\nforward-looking statements contained herein to reflect any change in the\nCompany’s expectations with respect thereto or any change in events,\nconditions or circumstances on which any statement is based.\n\nContact\n\nRobert Labbe\n\nChief Executive Officer\n\nEmail: admin@pelicanacq.com\n\nTel: (212) 612-1400\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXHy5rD","title":"Pelican Acquisition II Corporation Announces Closing of Initial Public Offering","author":"Globe Newswire","ticker":"PLCIU","created":"2026-07-29T13:25:00.100Z","tickers":["PLCIU"],"exchange":"NASDAQ","article_body":"NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Pelican Acquisition II Corporation\n(Nasdaq: PLCIU, the “Company”) announced today that it has closed on July\n27, 2026 its initial public offering of 8,625,000 units at $10.00 per unit,\nincluding the 1,125,000 units issued pursuant to the full exercise by the\nunderwriters of their over-allotment option, resulting in aggregate gross\nproceeds of $86,250,000, before deducting underwriting discounts and estimated\noffering expenses.\n\nEach unit consists of one ordinary share of the Company and one right, with\neach right entitling the holder thereof to receive one-tenth (1/10) of one\nordinary share upon the consummation of an initial business combination. The\nunits are listed on The Nasdaq Capital Market (“Nasdaq”) and began trading\nunder the ticker symbol “PLCIU” on July 24, 2026. Once the securities\ncomprising the units begin separate trading, the ordinary shares and rights\nare expected to be listed on Nasdaq under the symbols “PLCI,” and\n“PLCIR,” respectively.\n\nEarlyBirdCapital, Inc. acted as sole book-running manager for this offering.\n\nA registration statement relating to these securities was declared effective\nby the Securities and Exchange Commission on July 23, 2026. The offering was\nmade only by means of a prospectus. Copies of the prospectus may be obtained,\nby contacting EarlyBirdCapital, Inc., 366 Madison Avenue, New York, NY 10017,\nAttention: Syndicate Department, or by calling 212-661-0200. Copies of the\nregistration statement can be accessed through the SEC’s website at\nwww.sec.gov.\n\nThis press release shall not constitute an offer to sell or a solicitation of\nan offer to buy, nor shall there be any sale of these securities in any state\nor jurisdiction in which such offer, solicitation or sale would be unlawful\nprior to registration or qualification under the securities laws of any such\nstate or jurisdiction.\n\nAbout Pelican Acquisition II Corporation\n\nPelican Acquisition II Corporation is a blank check company formed for the\npurpose of effecting a merger, share exchange, asset acquisition, share\npurchase, reorganization or similar business combination with one or more\nbusinesses. The Company’s efforts to identify a prospective target business\nwill not be limited to a particular industry or geographic region.\n\nForward-Looking Statements\n\nThis press release includes forward-looking statements that involve risks and\nuncertainties. Forward-looking statements are statements that are not\nhistorical facts. Such forward-looking statements are subject to risks and\nuncertainties, which could cause actual results to differ from the\nforward-looking statements. The Company expressly disclaims any obligations or\nundertaking to release publicly any updates or revisions to any\nforward-looking statements contained herein to reflect any change in the\nCompany’s expectations with respect thereto or any change in events,\nconditions or circumstances on which any statement is based.\n\nContact\n\nRobert Labbe\n\nChief Executive Officer\n\nEmail: admin@pelicanacq.com\n\nTel: (212) 612-1400\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-29T13:25:00.17630594Z","server_sent_at_ms":1785331500176},"received_at":"2026-07-29T13:25:00.227Z","source_url":"https://www.globenewswire.com/news-release/2026/07/29/3335321/0/en/pelican-acquisition-ii-corporation-announces-closing-of-initial-public-offering.html"},"analysis":{"id":"91193","press_release_id":"102171","analysis_json":{"industry":null,"redFlags":[],"eventType":"offering","narrative":"Pelican Acquisition II Corporation closed its initial public offering, selling 8,625,000 units at $10.00 per unit to raise $86.25 million in gross proceeds.\n\nEach unit consists of one ordinary share and one right, with units trading on Nasdaq under symbol PLCIU and separate trading for shares (PLCI) and rights (PLCIR) expected to commence later.\n\nEarlyBirdCapital, Inc. acted as the sole book-running manager for the offering.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Standard SPAC IPO closing; no target identified yet."},"keyFigures":{"dealValueUsd":86250000,"offeringPrice":10,"sharesOffered":8625000,"customDimensions":{"unit_composition":"1 ordinary share + 1 right","over_allotment_units":1125000}},"quotedText":"","namedEntities":{"people":[{"name":"Robert Labbe","role":"Chief Executive Officer"}],"products":[],"companies":[{"name":"Pelican Acquisition II Corporation","ticker":"PLCIU"},{"name":"EarlyBirdCapital, Inc.","relationship":"underwriter"}],"dollarAmounts":[{"amount":"$86,250,000","context":"aggregate gross proceeds"},{"amount":"$10.00","context":"offering price per unit"}]},"materialImpact":{"score":3,"reasoning":"Successful closing of the company's IPO provides the necessary capital for its blank check purpose. While a standard corporate event for a SPAC, it represents the entirety of the company's current asset base."},"tickerRelevance":{"others":[{"ticker":"PLCI","relevance":"issued security (ordinary shares)"},{"ticker":"PLCIR","relevance":"issued security (rights)"}],"primary":"PLCIU"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"spac_ipo_closing","sectorWeight":"financials_spac","issuerAuthored":true}},"event_type":"offering","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Pelican Acquisition II Corporation closed its initial public offering, selling 8,625,000 units at $10.00 per unit to raise $86.25 million in gross proceeds.\n\nEach unit consists of one ordinary share and one right, with units trading on Nasdaq under symbol PLCIU and separate trading for shares (PLCI) and rights (PLCIR) expected to commence later.\n\nEarlyBirdCapital, Inc. acted as the sole book-running manager for the offering.","key_figures":{"dealValueUsd":86250000,"offeringPrice":10,"sharesOffered":8625000,"customDimensions":{"unit_composition":"1 ordinary share + 1 right","over_allotment_units":1125000}},"named_entities":{"people":[{"name":"Robert Labbe","role":"Chief Executive Officer"}],"products":[],"companies":[{"name":"Pelican Acquisition II Corporation","ticker":"PLCIU"},{"name":"EarlyBirdCapital, Inc.","relationship":"underwriter"}],"dollarAmounts":[{"amount":"$86,250,000","context":"aggregate gross proceeds"},{"amount":"$10.00","context":"offering price per unit"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-29T18:45:28.627Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"spac_ipo_closing","sectorWeight":"financials_spac","issuerAuthored":true}},"durationMs":144759,"modelName":"glm-4.7"}}