(Incorporated in the Cayman Islands)

We intend to primarily focus on target businesses within the technology industry globally. We intend to actively look for suitable investment opportunities with an enterprise value of approximately $180 million – $1 billion. 

Robert Labbe has been serving as our CEO, CFO, chairman and director since our formation. Mr. Labbe is an attorney licensed in California and New York with over 30 years of experience in real estate. Since January 2010, Mr. Labbe has been a manager of MCAP Realty Advisors, LLC, a real estate advisory firm.

(Note: Pelican Acquisition Corp. priced its SPAC IPO in sync with the terms in the prospectus – 7.5 million units at $10.00 each – and raised $75.0 million on Thursday night, May 22, 2025. Each unit consists of one share of common stock and one right to receive one-tenth (1/10th) of a share upon consummation of the initial business combination. Background: Pelican Acquisition Corp. filed its S-1 for its SPAC IPO on April 9, 2025, and disclosed the terms: 7.5 million units at $10.00 each to raise $75.0 million.)