NASDAQ : PLCIU

Pelican Acquisition Ii Corp. — News

$9.98 USD

$0.01 (0.1%)

Volume
57.1K
Average Volume
513.13K
Market Capitalization
$105.65M
P/E Ratio
Dividend Yield
%
Price Target
Year High
$9.99
Year Low
$9.95
Day High
Day Low
Payout Ratio
Current Ratio
Source Headline
Pelican Acquisition II Corporation Announces Closing of Initial Public Offering

NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Pelican Acquisition II Corporation (Nasdaq: PLCIU, the “Company”) announced today that it has closed on July 27, 2026 its initial public offering of 8,625,000 units at $10.00 per unit, including the 1,125,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option, resulting in aggregate gross proceeds of $86,250,000, before deducting underwriting discounts and estimated offering expenses.

globenewswire.com - 2026-07-29 09:25:00

Pelican Acquisition II Corporation Announces Pricing of $75,000,000 Initial Public Offering

NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Pelican Acquisition II Corporation (NASDAQ: PLCIU) (the “Company”), a Cayman Islands exempted company, announced that it priced its initial public offering of 7,500,000 units at $10.00 per unit on July 23, 2026. The units will be listed on the Nasdaq Capital Market (“NASDAQ”) and are expected to trade under the ticker symbol “PLCIU” beginning on July 24, 2026. Each unit consists of one ordinary share of the Company and one right, with each right entitling the holder thereof to receive one-tenth (1/10) of one ordinary share upon the consummation of an initial business combination.

globenewswire.com - 2026-07-23 19:00:00

Get PLCIU Insider Trade Alerts

PLCIU Price Target Summary

Last Month

0 analysts

Last Quarter

0 analysts

Last Year

0 analysts

All Time

0 analysts

PLCIU Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade