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Pelican Acquisition Corp (PELI) red flags

CIK 0002037431 路 New York, NY 路 SIC 6770 路 All EDGAR filings

4 verified red-flag event(s) since 2025-04-01. Red flag score: 32 how it's calculated

4Pelican Acquisition Corp (PELI) Going-concern doubtmicro2026-03-20
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. 路 company history
3Pelican Acquisition Corp (PELI) Going-concern doubt (10-Q)micro2025-12-19
quarterly (unaudited) disclosure 路 company history
3Pelican Acquisition Corp (PELI) Going-concern doubt (10-Q)micro2025-09-15
quarterly (unaudited) disclosure 路 company history
3Pelican Acquisition Corp (PELI) Going-concern doubt (10-Q)micro2025-06-27
quarterly (unaudited) disclosure 路 company history

Red flag score: 32 / 100 · elevated

Computed only from the verified red flags below: each flag earns points for its severity, loses half its weight every 180 days, and companies with several different flag types in the past year get a bonus. Total points 19.4 → score = 100 × (1 − e−points/50) = 32. Full method

FlagFiledSeverityPointsAgeDecayCounts
Going-concern doubt2026-03-204/522.0211 d×0.449.8
Going-concern doubt2025-12-193/514.0302 d×0.314.4
Going-concern doubt2025-09-153/514.0397 d×0.223.0
Going-concern doubt2025-06-273/514.0477 d×0.162.2

The red flag score summarizes how many, how serious and how recent a company's verified SEC red-flag filings are. It describes filing events only. It is not a fraud score, credit rating or prediction, and not investment advice.

What happened next

FlagDateCap at flag30d90d180d
Going-concern doubt2026-03-20$90.5M-49.7%-69.8%n/a
Going-concern doubt2025-12-19$87.5M+8.1%+0.3%-72.4%
Going-concern doubt2025-09-15$86.5M+0.6%+1.6%+1.3%
Going-concern doubt2025-06-27$60.9M+0.2%+0.2%+1.2%

Stock return after each flag; pending = window not yet elapsed; n/a = no price data.

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