Greenland Energy shares surge 14.31% in premarket after merger with Greenland Exploration and appointment of Joe Moglia as executive advisor.

Greenland Energy surged 14.31% in premarket trading, following three major announcements: (1) the completion of a merger with Greenland Exploration via Pelican Acquisition, leading to Greenland Energy's Nasdaq listing under the ticker GLND on March 25, 2026; (2) the appointment of former TD Ameritrade CEO Joe Moglia as an executive advisor focusing on Arctic development and capital market strategy; and (3) the company's 70% stake in three onshore licenses in the East Greenland Jameson Land Basin, with independent estimates indicating up to 13 billion recoverable barrels of oil.