Business
Greenland Energy (GLND) Prices $70M Public Offering With Warrants to Fund Operations
LOS ANGELES, CA - April 28, 2026 (NEWMEDIAWIRE) - Greenland Energy (NASDAQ: GLND) announced the pricing of a public offering of 17.5 million shares, or pre-funded warrants in lieu thereof, at $4.00 per share, each sold with an accompanying warrant ex...
About this update from Greenland Energy Company
[{"type":"text","content":"LOS ANGELES, CA - April 28, 2026 (NEWMEDIAWIRE) - Greenland Energy (NASDAQ: GLND) announced the pricing of a public offering of 17.5 million shares, or pre-funded warrants in lieu thereof, at $4.00 per share, each sold with an accompanying warrant exercisable at $5.00 per share over five years, for expected gross proceeds of $70 million before fees and expenses. The warrants are approved for listing on the Nasdaq Global Market under the symbol "GLNDW" and are expected to begin trading on April 28, 2026, with the offering anticipated to close April 29, 2026, as the Company plans to use proceeds for general corporate purposes including working capital and operating expenses. ThinkEquity is acting as the sole placement agent for the offering.","length":759,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":"IBN","className":"","disableSlideshowImg":false,"size":{"original":{"width":1299,"height":513,"url":"https://media.zenfs.com/en/newsmediawire_165/919657f26028194454dd77aff3c66fed"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/G8ZF59e7f24pPCGzEi0iZg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM3OQ--/https://media.zenfs.com/en/newsmediawire_165/919657f26028194454dd77aff3c66fed","width":960,"height":379},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/YYyOpdWHmu6sSzEOZDo1vQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTI1Mw--/https://media.zenfs.com/en/newsmediawire_165/919657f26028194454dd77aff3c66fed","width":640,"height":253},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/8j_y1axZ38vKf7JaqbhB8Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD05NDg-/https://media.zenfs.com/en/newsmediawire_165/919657f26028194454dd77aff3c66fed","width":1200,"height":474}}},{"type":"text","content":"To view the full press release, visit: https://nnw.fm/Y1EAx","length":59,"tagName":"p"},{"type":"text","content":"About Greenland Energy Company","length":30,"tagName":"p"},{"type":"text","content":"Greenland Energy Company is an energy exploration company focused on responsibly developing Greenland's hydrocarbon resources, with an emphasis on the Jameson Land Basin. It aims to advance oil and gas exploration and create a publicly traded platform for Arctic energy development.","length":286,"tagName":"p"},{"type":"text","content":"Please see full terms of use and disclaimers on the InvestorBrandNetwork webs...