RE: Large demand PELI JV IPO (80M 30% free carry)22 Jan 2026 12:13
Here is the plain text list of the major shareholders and institutional holders for Pelican Acquisition Corp ($PELI), which is merging to become Greenland Energy ($GLND).
This data is based on the most recent 13F and S-4/A filings as of January 2026.
Institutional Ownership: ~62%
Insider/Founder Ownership: ~26%
Major Shareholders List:
• Daniel McCabe (Founder/Director): 3,087,500 shares (25.7%)
• Mizuho Financial Group (Mizuho Securities USA): 610,000 shares (5.08%)
• W. R. Berkley Corp (Fortune 500 Insurance): 517,961 shares (4.32%)
• Glazer Capital, LLC: 500,000 shares (4.17%)
• Wolverine Asset Management, LLC: 461,569 shares (3.85%)
• Clear Street Group Inc / Clear Street LLC: 397,953 shares (3.32%)
• Linden Advisors LP: 370,000 shares (3.08%)
• Polar Asset Management Partners Inc: 370,000 shares (3.08%)
• Karpus Management, Inc: 350,525 shares (2.92%)
• Decagon Asset Management LLP: 324,747 shares (2.71%)
• Shaolin Capital Management LLC: 275,900 shares (2.30%)
• AQR Capital Management (AQR Arbitrage): 274,670 shares (2.29%)
• Wealthspring Capital LLC: 238,300 shares (1.99%)
• D. E. Shaw & Co., L.P.: 200,000 shares (1.67%)
• Periscope Capital Inc: 200,000 shares (1.67%)
• RiverNorth Capital Management, LLC: 197,500 shares (1.65%)
• Two Sigma Investments, LP: 196,645 shares (1.64%)
• Magnetar Capital Partners, LP: 194,996 shares (1.63%)
• Whitebox Advisors LLC: 150,000 shares (1.25%)
• Goldman Sachs Group: 57,000 shares (0.48%)
Market Update:
The London market for 80 Mile (80M) is holding firm at 0.88p as of midday. While it isn't moving "excitingly" yet, the fact that it is holding the 0.88p level despite profit-taking from the morning's 0.95p high is a sign of strong support.
In the US pre-market, Pelican ($PELI) is trending higher at $11.15, and Critical Metals ($CRML) is showing significant strength (up ~10%) ahead of their 1:00 PM GMT webcast. This cross-market momentum suggests that the 2:30 PM US open could be the catalyst for the next leg up in London.