Ticker LaunchIPO · GLND
Greenland Energy Co
Formerly Pelican Holdco, Inc.
Greenland Energy Co (GLND) priced its initial public offering on Apr 29, 2026 at $4.00 per share, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $174.6M. ThinkEquity was lead-left underwriter. Winston & Strawn advised the company and Blank Rome advised the underwriters.
Greenland Energy Co is an exploration-stage oil and gas company focused on the Jameson Land Basin, a 2-million-acre onshore licensed area in East Greenland. It plans to explore the basin's hydrocarbon potential using modern exploration technologies.
- Status
- IPO
- Ticker
- GLND
- Exchange
- Nasdaq Global Market
- Priced
- Apr 29, 2026
- IPO price
- $4.00
- Market cap at IPO price
- $174.6M
- First filed
- Apr 10, 2026
- Underwriters
- ThinkEquity
- Company counsel
- Winston & Strawn
- Underwriters' counsel
- Blank Rome
- Sector
- Energy, mining & utilities
- Country / state
- TX
Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.
More on this listing for subscribers
- Lock-up period and expiry date
- Shares offered, over-allotment and shares outstanding after the offering
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Filings
- Registration statement (S-1) first filed Apr 10, 2026
- Latest amendment Apr 23, 2026
- Final prospectus (424B4) Apr 29, 2026
- All filings on EDGAR CIK 2093507
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