Flag Ship Acquisition Corp

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

FSHP$11.35+0.3%Stored close · as of Nov 9, 2026

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Contents

Balance Sheets (Unaudited)

UNAUDITED BALANCE SHEETS

June 30, 2024 · December 31, 2023
ASSETS
Current asset:
Cash	$105,626		$116,210
Prepayments and deposits	132,036		4,338
Total current assets	237,662		120,548
Deferred offering costs	-		30,000
Investments held in trust account	69,097,945		-
TOTAL ASSETS	$69,335,607		$150,548
LIABILITIES AND SHAREHOLDER’S DEFICIT
Current liabilities:
Accrued liabilities	$31,910	$	-
Amount due to related party	10,000		-
Promissory note – related party	-		433,554
Total current liabilities	41,910		433,554
Deferred underwriting compensation	1,725,000		-
TOTAL LIABILITIES	1,766,910		433,554
Commitments and contingencies
Ordinary shares subject to possible redemption, 6,900,000 and 0 shares issued and outstanding at redemption value of $10.01 and $0 at June 30, 2024 and December 31, 2023, respectively	69,097,945		-
Shareholder’s deficit:
Ordinary shares, $0.001 par value; 50,000,000 shares authorized; 1,963,000 and 1,725,000 shares issued and outstanding (excluding 6,900,000 and 0 shares, subject to possible redemption as of June 30, 2024 and December 31, 2023, respectively)	1,963		1,725
Additional paid in capital	-		23,275
Accumulated deficit	(1,531,211)		(308,006)
Total Shareholder’s deficit	(1,529,248)		(283,006)
TOTAL LIABILITIES AND SHAREHOLDER’S DEFICIT	$69,335,607		$150,548

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.