UPLOAD Filing
Pelican Acquisition Corp
Date: May 16, 2025 · CIK: 0002037431 · Accession: 0000000000-25-005269
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-286452
Letter
Re: Pelican Acquisition Corp Amendment No. 2 to Registration Statement on Form S-1 Filed May 2, 2025 Amendment No. 1 to Registration Statement on Form S-1 Filed on May 1, 2025 File No. 333-286452 Dear Robert Labbe:
May 16, 2025
Robert Labbe Chief Executive Officer Pelican Acquisition Corp 1185 Avenue of the Americas, Suite 304 New York, NY 10036
We have reviewed your amended registration statements and have the following comments.
Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments.
Amendment No. 2 to Form S-1 filed May 2, 2025 Item 16. Exhibits and Financial Statement Schedules, page II-2
1. We note that you have decreased the amount of working capital not held in the trust account to $650,000 from $950,000 as stated on page F-18. Please revise your Underwriting Agreement filed as Exhibit 1.1 for consistency. 2. We note your cover page indicates that if the over-allotment option is exercised by the underwriters in full or in part then "up to 6,109 private units to be purchased by EarlyBirdCapital or its designees". Please revise your Private Placement Unit Purchase Agreement with EarlyBirdCapital, filed as Exhibit 10.7, to reflect the up to 6,109 private units disclosed in the prospectus, or advise. May 16, 2025 Page 2
Please contact Frank Knapp at 202-551-3805 or Wilson Lee at 202-551-3468 if you have questions regarding comments on the financial statements and related matters. Please contact Pearlyne Paulemon at 202-551-8714 or David Link at 202-551-3356 with any other questions.
Sincerely,
Division of
Corporation Finance
Office of Real Estate
& Construction
cc: Cassi Olson
Show Raw Text
<DOCUMENT> <TYPE>TEXT-EXTRACT <SEQUENCE>2 <FILENAME>filename2.txt <TEXT> May 16, 2025 Robert Labbe Chief Executive Officer Pelican Acquisition Corp 1185 Avenue of the Americas, Suite 304 New York, NY 10036 Re: Pelican Acquisition Corp Amendment No. 2 to Registration Statement on Form S-1 Filed May 2, 2025 Amendment No. 1 to Registration Statement on Form S-1 Filed on May 1, 2025 File No. 333-286452 Dear Robert Labbe: We have reviewed your amended registration statements and have the following comments. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments. Amendment No. 2 to Form S-1 filed May 2, 2025 Item 16. Exhibits and Financial Statement Schedules, page II-2 1. We note that you have decreased the amount of working capital not held in the trust account to $650,000 from $950,000 as stated on page F-18. Please revise your Underwriting Agreement filed as Exhibit 1.1 for consistency. 2. We note your cover page indicates that if the over-allotment option is exercised by the underwriters in full or in part then "up to 6,109 private units to be purchased by EarlyBirdCapital or its designees". Please revise your Private Placement Unit Purchase Agreement with EarlyBirdCapital, filed as Exhibit 10.7, to reflect the up to 6,109 private units disclosed in the prospectus, or advise. May 16, 2025 Page 2 Please contact Frank Knapp at 202-551-3805 or Wilson Lee at 202-551-3468 if you have questions regarding comments on the financial statements and related matters. Please contact Pearlyne Paulemon at 202-551-8714 or David Link at 202-551-3356 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Cassi Olson </TEXT> </DOCUMENT>