Flag Ship Acquisition CORP (FSHPR) — SEC Filings

Overview

Flag Ship Acquisition CORP (FSHPR) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Dec 12, 2025: Flag Ship Acquisition Corp. entered into a material definitive agreement on December 11, 2025. The company, incorporated in the Cayman Islands, is a blank check company focused on real estate and construction. Its principal executive offices are located at 26 Broadway, Suite 934, New York, New York.

Sentiment Summary

Across 29 filings, the sentiment breakdown is: 3 bearish, 26 neutral. The dominant filing sentiment for Flag Ship Acquisition CORP is neutral.

Filing Type Overview

Flag Ship Acquisition CORP (FSHPR) has filed 12 8-K, 2 DEF 14A, 5 10-Q, 1 10-K, 6 SC 13G, 1 SC 13G/A, 2 S-1/A with the SEC between Mar 2024 to Dec 2025.

Filings by Year

2025 · 2024

Recent Filings (29)

• 8-K Filing — 8-K · Dec 19, 2025
• Flag Ship Acquisition Corp. Enters Material Definitive Agreement — 8-K · Dec 12, 2025 Risk: medium
  Flag Ship Acquisition Corp. entered into a material definitive agreement on December 11, 2025. The company, incorporated in the Cayman Islands, is a blank check
• Flag Ship Acquisition Corp Sets Dec 18 Shareholder Vote for Directors, Auditor — DEF 14A · Nov 12, 2025 Risk: low
  Flag Ship Acquisition Corporation (FSHPR) is holding its Annual Meeting on December 18, 2025, to address three key proposals. Shareholders will vote to elect fo
• Flag Ship Acquisition Corp's Trust Account Shrinks Amid Redemptions — 10-Q · Oct 31, 2025 Risk: high
  Flag Ship Acquisition Corp (FSHPR) reported a net income of $453,501 for the three months ended September 30, 2025, and $1,620,825 for the nine months ended Sep
• Flag Ship Acquisition Corp. Files 8-K — 8-K · Sep 23, 2025 Risk: low
  Flag Ship Acquisition Corp. filed an 8-K on September 23, 2025, reporting events that occurred on September 19, 2025. The filing details the company's structure
• Flag Ship Acquisition Corp. Files 8-K for Material Agreement — 8-K · Aug 27, 2025 Risk: medium
  Flag Ship Acquisition Corp. entered into a material definitive agreement on August 21, 2025. The company also created a direct financial obligation and submitte
• Flag Ship Seeks Sponsor Fee Cut to Extend SPAC Deadline — DEF 14A · Aug 5, 2025 Risk: high
  Flag Ship Acquisition Corp (FSHPR) is holding an Extraordinary General Meeting on August 26, 2025, to vote on a critical proposal to reduce the monthly extensio
• Flag Ship Acquisition Corp Reports No Revenue, $1M Net Loss in Q2 — 10-Q · Aug 1, 2025 Risk: high
  Flag Ship Acquisition Corp (FSHPR) reported no revenue for the three and six months ended June 30, 2025, consistent with its status as a blank check company. Th
• Flag Ship Acquisition Corp Files Q1 2025 10-Q — 10-Q · May 13, 2025 Risk: low
  Flag Ship Acquisition Corp filed its 10-Q for the period ending March 31, 2025. The filing details the company's financial position, including common stock, add
• Flag Ship Acquisition Corp. Terminates Material Agreement — 8-K · Apr 22, 2025 Risk: medium
  Flag Ship Acquisition Corp. announced on April 18, 2025, the termination of a material definitive agreement. The company, incorporated in the Cayman Islands, is
• Flag Ship Acquisition Corp Files 2024 10-K — 10-K · Mar 4, 2025 Risk: medium
  Flag Ship Acquisition Corp filed its 10-K for the fiscal year ending December 31, 2024, on March 4, 2025. The company, a blank check entity, is focused on real
• Flag Ship Acquisition Corp. Files 8-K on Material Agreement — 8-K · Mar 3, 2025 Risk: medium
  Flag Ship Acquisition Corp. (FSHPU) filed an 8-K on February 28, 2025, reporting the entry into a material definitive agreement. The filing details the company'
• SC 13G Filing — SC 13G · Nov 15, 2024
• SC 13G Filing — SC 13G · Nov 14, 2024
• SC 13G Filing — SC 13G · Nov 13, 2024
• SC 13G/A Filing — SC 13G/A · Nov 12, 2024
• Flag Ship Acquisition Corp. Files Q3 2024 10-Q — 10-Q · Nov 12, 2024 Risk: low
  Flag Ship Acquisition Corp. filed its 10-Q for the period ending September 30, 2024. The filing details the company's financial position, including common stock
• SC 13G Filing — SC 13G · Nov 7, 2024
• Flag Ship Acquisition Corp. Signs Material Definitive Agreement — 8-K · Oct 23, 2024 Risk: medium
  Flag Ship Acquisition Corp. (FSHPU) entered into a material definitive agreement on October 21, 2024. The filing does not disclose specific details of the agree
• Flag Ship Acquisition Corp. Changes Certifying Accountant — 8-K · Sep 5, 2024 Risk: low
  Flag Ship Acquisition Corp. filed an 8-K on September 5, 2024, to report changes in its certifying accountant. The company, incorporated in the Cayman Islands w
• Flag Ship Acquisition Corp. Enters Material Definitive Agreement — 8-K · Sep 3, 2024 Risk: medium
  Flag Ship Acquisition Corp. entered into a Material Definitive Agreement on September 3, 2024. This agreement creates a direct financial obligation for the regi
• Flag Ship Acquisition Corp Files 8-K — 8-K · Aug 12, 2024 Risk: low
  Flag Ship Acquisition Corporation filed an 8-K on August 12, 2024, reporting on other events and financial statements. The company, incorporated in the Cayman I
• Flag Ship Acquisition Corp Files Q2 2024 10-Q — 10-Q · Aug 8, 2024 Risk: medium
  Flag Ship Acquisition Corp filed its 10-Q for the period ending June 30, 2024. The company, a blank check company, reported its financial status as of June 30,
• SC 13G Filing — SC 13G · Jun 28, 2024
• Flag Ship Acquisition Corp Files 8-K — 8-K · Jun 26, 2024 Risk: low
  Flag Ship Acquisition Corporation filed an 8-K on June 26, 2024, reporting on events that occurred on June 20, 2024. The filing primarily concerns the company's
• SC 13G Filing — SC 13G · Jun 24, 2024
• Flag Ship Acquisition Corp. Announces Material Definitive Agreement — 8-K · Jun 21, 2024 Risk: medium
  Flag Ship Acquisition Corp. announced on June 17, 2024, that it entered into a Material Definitive Agreement. The company also reported on unregistered sales of
• Flag Ship Acquisition Corp Files S-1/A Amendment — S-1/A · May 22, 2024 Risk: medium
  Flag Ship Acquisition Corporation filed an S-1/A amendment on May 21, 2024, regarding its registration statement. The company, incorporated in the Cayman Island
• Flag Ship Acquisition Corp. Files Amendment 5 to S-1 Registration Statement — S-1/A · Mar 22, 2024 Risk: low
  Flag Ship Acquisition Corp (FSHPR) filed a Amended IPO Registration (S-1/A) with the SEC on March 22, 2024. Flag Ship Acquisition Corporation filed Amendment No

Risk Profile

Risk Assessment: Of FSHPR's 21 recent filings, 3 were flagged as high-risk, 10 as medium-risk, and 8 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from Flag Ship Acquisition CORP's most recent 10-Q filing (Oct 31, 2025):

• Revenue: $2,172,140
• Net Income: $1,620,825
• EPS: $0.19
• Debt-to-Equity: N/A
• Cash Position: $18,751
• Operating Margin: N/A
• Total Assets: $32,638,896
• Total Debt: $2,930,743

Key Executives

• Matthew Chen
• Shan Cui
• Pai Liu
• Wen He
• Bill Huo
• Robert C. Brighton, Jr.
• Christopher S. Auguste

Industry Context

As a special purpose acquisition company (SPAC), Flag Ship Acquisition Corp operates in a unique segment of the financial industry focused on identifying and merging with a target company. The SPAC market is influenced by broader economic conditions, investor sentiment towards IPO alternatives, and regulatory scrutiny. Success hinges on the management team's ability to identify a suitable acquisition target and complete a transaction within the specified timeframe.

Top Tags

spac (4) · SPAC (4) · financials (4) · Blank Check Company (3) · corporate-structure (3) · material-agreement (3) · Proxy Statement (2) · Corporate Governance (2) · filing-update (2) · financial-obligation (2)

Key Numbers

• Shares issued and outstanding: 5,025,517 — As of the November 12, 2025 Record Date
• Shares required for a quorum: 2,512,759 — Represents a majority of voting power
• Number of directors to be elected: 4 — Serving until the next annual meeting
• Annual Meeting Date: 2025-12-18 — Meeting to be held at 10:00 a.m. Eastern Time
• Record Date: 2025-11-12 — Shareholders entitled to vote at the Annual Meeting
• Internet Voting Deadline: 2025-12-17 — Vote by 11:59 P.M. Eastern Time
• Age of Matthew Chen: 54 — Chairman and Director nominee
• Age of Shan Cui: 53 — Director nominee
• Age of Pai Liu: 40 — Director nominee
• Age of Wen He: 59 — Director nominee
• Cash and investments in trust account: $32.58M — Decreased from $70.8M at Dec 31, 2024, indicating significant redemptions.
• Promissory notes – related party: $1.17M — Increased from $677.8K at Dec 31, 2024, showing increased reliance on insider funding.
• Net income (9 months): $1.62M — Primarily from trust account interest, up from $432.5K in prior year.
• Ordinary shares outstanding: 5,025,517 — As of October 30, 2025, reflecting post-redemption share count.
• Cash withdrawn from Trust Account: $40.45M — Due to redemptions during the nine months ended September 30, 2025.

Related Companies

FSHP · FSHPU

Frequently Asked Questions