NASDAQ : FSHP

Flag Ship Acquisition Corporation

$11.185 USD

$0.01 (0.04%)

Volume
0.56
Average Volume
13.17K
Market Capitalization
$99.13M
P/E Ratio
42.19
Dividend Yield
0.00%
Price Target
Year High
$12.00
Year Low
$10.46
Day High
Day Low
Payout Ratio
$1.44
Current Ratio
$0.01
Company Overview

NASDAQ

Matthew Chen

Shell Companies

Financial Services

FSHP

2

US

USD

917 267 4567

G3530C109

0001850059

Liquidity Metrics

0.05

0.01

0.01

0.00

1.44

Sales & Valuation

-$

0.00

1.14

-300.13

-0.11

Profitability

$0.33

$1.83M

0.00%

0.00%

3.54%

4.22%

P/E Metrics

42.19

1.48

1.48

Analyst Price Target & Rating

Neutral

3/5

0 Analysts

%

Financial Health Scores

17.31

3/9

-$1.63M

$33.45M

$3.37M

-$1.37M

Key Metrics (TTM)

$100.67M

0.00

-73.62

0.01

3.54%

-1.88%

4.12%

-0.33%

$10.09

0 days

Company Executives
Name Title
Matthew Chen Chairman & Chief Executive Officer
Luhuan Zhong Chief Financial Officer & Principal Accounting Officer
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About Flag Ship Acquisition Corporation (NASDAQ:FSHP) Stock

Flag Ship Acquisition Corporation currently possesses no substantial business operations. Its core mission revolves around identifying and executing a business combination, which could take the form of a merger, capital stock exchange, asset acquisition, stock purchase, or corporate reorganization, with one or more suitable enterprises. The firm aims to acquire companies operating across a broad spectrum of industries, including digital and advanced technology, financial technology, renewable energy, healthcare, consumer goods and retail, natural resources, food production, industrial manufacturing, and educational services. Established in 2018, the company maintains its principal office in New York City. It previously operated as an affiliate of Whale Management Corporation. ...

Flag Ship Acquisition Corporation Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

2026-06-09 08:30:00

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).

Flag Ship Acquisition Corporation Receives Additional Nasdaq Notification Regarding Late Filing of Quarterly Report

2026-05-27 09:05:00

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”).

Flag Ship Acquisition Corporation Enters into Letter of Intent with Bluechip & Co. Holdings

2026-05-08 09:18:00

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.

Flag Ship Acquisition Corp Receives Nasdaq Notification of Non-Compliance with Listing Rules

2026-04-22 16:05:00

NEW YORK, April 22, 2026 (GLOBE NEWSWIRE) -- Flag Ship Acquisition Corp (NASDAQ: FSHP) (the “Company”), a special purpose acquisition company, announced that on April 17, 2026, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) advising the Company that the Company does not comply with Nasdaq's Listing Rule 5250(c)(1) for continued listing because the Company had not timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”). Nasdaq has informed the Company that it has until June 16, 2026 to submit a plan to regain compliance with respect to this delinquent report. If Nasdaq approves the Company's plan, it has the discretion to grant the Company an extension of up to 180 calendar days from the due date of the Form 10-K (or until October 12, 2026) to regain compliance.

Frequently Asked Questions

What is the current Flag Ship Acquisition Corporation (FSHP) stock price?

Flag Ship Acquisition Corporation(NASDAQ:FSHP) stock price is $11.185 in the last trading session. During the trading session, FSHP stock reached the peak price of $12 while $10.46 was the lowest point it dropped to. The percentage change in FSHP stock occurred in the recent session was 0.04% while the dollar amount for the price change in FSHP stock was $0.01.

FSHP's industry and sector of operation?

The NASDAQ listed FSHP is part of Shell Companies industry that operates in the broader Financial Services sector.

Who are the executives of FSHP?

Matthew Chen | Chairman & Chief Executive Officer
Luhuan Zhong | Chief Financial Officer & Principal Accounting Officer
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How many employees does FSHP have?

Number of FSHP employees currently stands at 2. FSHP operates from 26 Broadway, New York City, NY 10016, US.

Link for FSHP official website?

Official Website of FSHP is: https://www.flagshipacquisition.com

How do I contact FSHP?

FSHP could be contacted at phone #917 267 4567 and can also be accessed through its website. FSHP operates from 26 Broadway, New York City, NY 10016, US.

How many shares of FSHP are traded daily?

The average number of FSHP shares traded daily for last 3 months was 13.17K.

What is the market cap of FSHP currently?

The market value of FSHP currently stands at $99.13M with its latest stock price at $11.185