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Pelican Acquisition II Corporation announced that holders of its units may elect to separately trade the ordinary…
PLCIUPelican Acquisition II Corp
Pelican Acquisition II Corporation announced that holders of its units may elect to separately trade the ordinary shares and rights included in the units, commencing on or about August 12, 2026. Units not separated will continue trading under the symbol PLCIU, while the separated ordinary shares and rights are expected to trade under symbols PLCI and PLCIR, respectively. Each unit consists of one ordinary share and one right exchangeable for one-tenth of an ordinary share. This is a standard administrative procedure for SPACs following their initial public offering. Pelican Acquisition II Corporation operates as a blank check company formed to effect a merger, share exchange, asset acquisition, or similar business combination with one or more businesses.