GLAC SEC filings, in plain English
Everything Greenland Acquisition Corp. has filed with the SEC that we hold — 40 filings, newest first, 4 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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What changed: Exhibit 99.1 to an 8-K filed under Greenland Acquisition Corp's CIK: Greenland Technologies Holding Corporation (Nasdaq: GTEC) Q2 and H1 2026 results. Q2 revenue rose 37.6% to $29.88 million from $21.72 million on transmission-product volume of 53,243 sets versus 42,908; gross profit rose 65.9% to $9.54 million and gross margin to 31.9% from 26.5%; income from operations was $5.98 million against a $2.32 million operating loss; net income was $4.94 million against a $2.76 million loss, with $3.50 million attributable to the company and EPS of $0.13 versus $(0.20). H1 revenue rose 27.7% to $55. Why it matters: The swing from operating loss to $5.98 million of operating income is driven partly by an $5.8 million reduction in G&A that the company attributes to stock-based compensation, a non-cash item, rather than to volume alone. The HEVI suspension is a stated, continuing condition.
What changed: Q2 2026 10-Q of Greenland Technologies Holding Corporation (Nasdaq: GTEC), filed under Greenland Acquisition Corp's CIK. The balance sheet shows cash of $8,980,604 versus $7,775,330 at December 31, 2025, accounts receivable of $30,472,900 versus $17,256,479, notes receivable of $22,146,768 versus $14,704,079, inventories of $24,623,617, total current assets of $125,799,314 and total assets of $147,526,268 versus $115,772,341. Total liabilities rose to $64,632,102 from $49,452,420, including bank-acceptance notes payable of $20,263,519 and accounts payable of $35,032,772. Why it matters: A single-class ordinary share structure became a dual-class Class A / Class B structure during the half-year, and receivables plus notes receivable grew by roughly $20.7 million while cash grew $1.2 million. Warrant liability fell to $18,900 from $70,910.
What changed: Greenland Technologies Holding Corporation, the British Virgin Islands successor to Greenland Acquisition Corp., called its 2025 annual meeting to be held virtually on December 29, 2025 at 9:00 a.m. EST, record date December 8, 2025, at which there were 17,394,226 ordinary shares outstanding with one vote each. The ballot includes director nominees under Proposal 4 and an Adjournment Proposal under regulation 8.15 of the Articles, which permits the chairman to adjourn a meeting from time to time and from place to place without limit on the number of adjournments. Why it matters: An adjournment power with no cap on the number of adjournments lets the chairman keep postponing until a favourable vote is assembled - a structural advantage for management that BVI articles permit and Delaware practice generally constrains. Against a float of 17.4 million ordinary shares, that procedural latitude matters more than the individual proposals. The Greenland Acquisition trust was released at the de-SPAC and no floor remains.
What changed: Greenland Technologies Holding Corporation, a British Virgin Islands company from Greenland Acquisition Corp.'s combination, called its 2024 annual meeting to be held virtually on December 27, 2024 at 9:30 a.m. EST. Holders of record of ordinary shares at the close of business on December 5, 2024 may vote, one vote per share; 13,594,530 ordinary shares were outstanding at that date. The board unanimously recommends a vote FOR all nominees and each of the other proposals, with an adjournment proposal in reserve. Why it matters: An adjournment proposal on an annual-meeting ballot signals the company expects difficulty assembling the votes, which is common where 13,594,530 shares sit largely in retail hands. The management team is drawn from the operating subsidiary — the chief financial officer has served since October 24, 2019 and simultaneously as CFO of Zhongchai Holding since August 2019 — so the same individuals run the listed shell and the Chinese operating business beneath it.
In plain English
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