Pelican Acquisition II Corporation consummated its initial public offering of 8,625,000 units on July 27, 2026, including the full exercise of the underwriters' over-allotment option. Each unit was sold at $10.00, generating gross proceeds of $86,250,000. Simultaneously, the company completed a private placement of 420,250 units to its sponsor and EarlyBirdCapital for $4,202,500. A total of $87,112,500 was placed in a trust account for the benefit of public shareholders. The company has until April 27, 2028, to complete an initial business combination or face liquidation. Pelican Acquisition II Corporation is a blank check company organized to effect a merger, share exchange, asset acquisition, or similar business combination with one or more businesses.