Flag Ship Acquisition Corp. (FSHP) is a publicly traded special purpose acquisition company (SPAC) dedicated to identifying and merging with high-growth opportunities in the consumer and hospitality sectors. Leveraging a seasoned management team and a robust network of industry connections, FSHP is well-positioned to drive significant shareholder value through strategic acquisitions. The company's adaptable strategy enables it to capitalize on emerging market trends, making it an attractive investment option for institutional investors seeking sustainable growth and enhanced portfolio diversification.
| Revenue (TTM) | 0 |
| Gross Profit (TTM) | 0 |
| EBITDA | — |
| Operating Margin | 0.00% |
| Return on Equity | 4.29% |
| Return on Assets | 0.00% |
| Revenue/Share (TTM) | $0.00 |
| Book Value | $-0.67 |
| Price-to-Book | 1.87 |
| Price-to-Sales (TTM) | — |
| EV/Revenue | - |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | -51.20% |
| Quarterly Revenue Growth (YoY) | 0.00% |
| Shares Outstanding | $5.03M |
| Float | $3.00M |
| % Insiders | 55.80% |
| % Institutions | 64.65% |
Volatility is currently expanding
NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Flag Ship Acquisition Corporation (Nasdaq: FSHP) (the "Company") today announced that it has received formal notice from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1).
NEW YORK, May 27, 2026 (GLOBE NEWSWIRE) -- Flag Ship Acquisition Corporation (Nasdaq: FSHP) (the "Company") announced that it received a second notification letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) on May 21, 2026 (the “Notice”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of its failure to timely file its periodic report on Form 10-Q for the quarter ended March 31, 2026 (the “Form 10-Q”) with the Securities and Exchange Commission. As previously announced on April 22, 2026, the Company received a notification letter from the Nasdaq Listing Qualifications Department on April 17, 2026 (the “Initial Notice”) as a result of its failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”).
NEW YORK, May 08, 2026 (GLOBE NEWSWIRE) -- Flag Ship Acquisition Corporation (the “Company”) (NASDAQ: FSHP), a special purpose acquisition company, today announced that it has entered into a binding letter of intent (“LOI”) with Bluechip & Co. Holdings (“Bluechip”) in connection with a proposed business combination. The letter of intent includes binding provisions regarding exclusivity and other related transaction provisions governing the parties' negotiations during the proposed transaction process. The proposed transaction remains subject to due diligence, negotiation and execution of definitive agreements, satisfaction of customary closing conditions, and approval by the boards and shareholders of the relevant parties.
