PELI · As filed with the SEC

Pelican Acquisition cash flow statement, by quarter

The statement as Pelican Acquisition presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

STATEMENTS OF CASH FLOWS · USD

USD	Q4 2026^† 3 months ended Jan 31, 2026	Q3 2025^† 3 months ended Oct 31, 2025	Q2 2025^† 3 months ended Jul 31, 2025	Q1 2025 3 months ended Apr 30, 2025
Net income	—	—	307,410^†	(19,553)
Net Income to Common Shareholders	446,554^†	—	—	—
Interest earned on investments held in Trust Account	(820,304)^†	(888,798)^†	—	—
Prepaid expenses	101,687^†	(105,132)^†	(172,802)^†	(1,850)
Accrued expenses	121,980^†	111,468^†	80,635^†	(18,261)
Net cash used in operating activities	(84,277)^†	(367,826)^†	(420,429)^†	(39,664)
Purchase of investments held in Trust Account	0^†	0^†	—	—
Net cash used in investing activities	0^†	0^†	—	—
Net Cash from Financing Activities	0^†	0^†	—	—
Net Cash from Financing Activities	0^†	0^†	—	—
Payment of underwriter fees	0^†	0^†	—	—
Proceeds from promissory note - related party	—	—	0^†	500,000
Payment of offering costs	0^†	0^†	(389,437)^†	(19,803)
Repayment of promissory note - related party	0^†	—	—	—
Net Cash from Financing Activities	0^†	—	—	—
Due to target company	0^†	—	—	—
Due to related party	(5,606)^†	—	—	—
Net cash provided by financing activities	84,134^†	115,806^†	86,423,063^†	480,197
Net Changes in Cash	(143)^†	(252,020)^†	(247,366)^†	440,533
Cash - Beginning of period	220	252,240	499,606	59,073
Cash - End of period	77	220	252,240	499,606
Supplemental Disclosure of Non-cash Financing Activities:
Accretion of additional paid-in capital to accumulated deficit	0^†	—	—	—
Remeasurement of carrying value to redemption value	—	888,798^†	4,501,277^†	3,341

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.