Flag Ship Acquisition Corp Files S-1/A Amendment
Ticker: FSHPR · Form: S-1/A · Filed: May 22, 2024 · CIK: 1850059
| Field | Detail |
|---|---|
| Company | Flag Ship Acquisition CORP (FSHPR) |
| Form Type | S-1/A |
| Filed Date | May 22, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $60,000,000, $10.00, $50,000, $2,200,000, $2,380,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, sec-filing, amendment
TL;DR
Flag Ship Acquisition Corp filed an S-1/A amendment on 5/21/24. Still working on their SPAC deal.
AI Summary
Flag Ship Acquisition Corporation filed an S-1/A amendment on May 21, 2024, regarding its registration statement. The company, incorporated in the Cayman Islands, is a blank check company with its principal executive offices located at 26 Broadway, Suite 934, New York, New York 10004. This filing is an amendment to their existing registration, indicating ongoing efforts related to their public offering or business operations.
Why It Matters
This S-1/A filing signifies that Flag Ship Acquisition Corp is actively progressing with its regulatory requirements, which could be in preparation for a business combination or other significant corporate event.
Risk Assessment
Risk Level: medium — As a blank check company (SPAC), the inherent risks involve the uncertainty of finding and completing a business combination, and the potential for shareholder dilution.
Key Numbers
- 333-261028 — SEC File Number (Identifies this specific registration filing with the SEC.)
- 24971300 — Film Number (Internal SEC processing number for the filing.)
Key Players & Entities
- Flag Ship Acquisition Corporation (company) — Registrant
- Cayman Islands (jurisdiction) — Place of incorporation
- 26 Broadway, Suite 934, New York, New York 10004 (address) — Principal executive offices
- Puglisi & Associates (company) — Agent for service
- Becker & Poliakoff, P.A. (company) — Legal counsel
- Kramer Levin Naftalis & Frankel LLP (company) — Legal counsel
- Bill Huo (person) — Legal counsel
- Robert C. Brighton, Jr. (person) — Legal counsel
- Christopher S. Auguste (person) — Legal counsel
FAQ
What is the purpose of this S-1/A filing?
This S-1/A filing is an amendment to the registration statement of Flag Ship Acquisition Corporation, indicating updates or changes to their initial filing.
When was this amendment filed with the SEC?
This amendment was filed with the U.S. Securities and Exchange Commission on May 21, 2024.
Where are Flag Ship Acquisition Corporation's principal executive offices located?
The principal executive offices are located at 26 Broadway, Suite 934, New York, New York 10004.
What is the Standard Industrial Classification (SIC) code for Flag Ship Acquisition Corporation?
The Primary Standard Industrial Classification Code Number is 6770, which corresponds to 'Blank Checks'.
Who are the legal counsels mentioned in the filing?
The filing mentions Becker & Poliakoff, P.A. (with Bill Huo and Robert C. Brighton, Jr.) and Kramer Levin Naftalis & Frankel LLP (with Christopher S. Auguste) as legal counsels.
Filing Stats: 4,651 words · 19 min read · ~16 pages · Grade level 18.3 · Accepted 2024-05-21 19:17:10
Key Financial Figures
- $60,000,000 — ECT TO COMPLETION, DATED MAY 21, 2024 $60,000,000 Flag Ship Acquisition Corporation 6
- $10.00 — ies. Each unit has an offering price of $10.00 and consists of one ordinary share and
- $50,000 — account, including interest (less up to $50,000 of interest to pay dissolution expenses
- $2,200,000 — unit for an aggregate purchase price of $2,200,000 (or $2,380,000 if the over-allotment op
- $2,380,000 — regate purchase price of $2,200,000 (or $2,380,000 if the over-allotment option is exercis
Filing Documents
- flagshipacq_s1a6.htm (S-1/A) — 2152KB
- flagshipacq_ex1-1.htm (EX-1.1) — 258KB
- flagshipacq_ex3-2.htm (EX-3.2) — 793KB
- flagshipacq_ex5-1.htm (EX-5.1) — 58KB
- flagshipacq_ex10-2.htm (EX-10.2) — 44KB
- flagshipacq_ex10-3.htm (EX-10.3) — 123KB
- flagshipacq_ex10-4.htm (EX-10.4) — 107KB
- flagshipacq_ex23-1.htm (EX-23.1) — 4KB
- img_001.jpg (GRAPHIC) — 3KB
- img_002.jpg (GRAPHIC) — 6KB
- ex3-2_001.jpg (GRAPHIC) — 182KB
- ex5-1_001.jpg (GRAPHIC) — 3KB
- ex23-1_001.jpg (GRAPHIC) — 4KB
- 0001829126-24-003618.txt ( ) — 3797KB
Underwriting
Underwriting Discounts and Commissions (1) Proceeds, before expenses, to us Per Unit $ 10.00 $ 0.45 $ 9.55 Total $ 6 0,000,000 $ 2,700,0