Greenland Energy shares surge 32.31% in premarket following Nasdaq listing via merger with Pelican Acquisition and hiring of Joe Moglia as executive advisor.

Greenland Energy surged 32.31% in premarket trading, following its Nasdaq listing on March 25, 2026, through a merger with Pelican Acquisition. The company also announced the appointment of former TD Ameritrade CEO Joe Moglia as an executive advisor for Arctic development and capital strategies. Greenland Energy holds a 70% stake in three onshore licenses in the East Greenland Jameson Land Basin, with independent assessments indicating recoverable oil resources of up to 1.3 billion barrels.