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Flag Ship Acquisition Corp

For the period ended Sep 30, 2024. Filed Nov 12, 2024.

View on SEC.gov

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.

Sep 30, 2024 · Filed Nov 12, 2024

FSHP$11.32-0.2%Stored close · as of Nov 6, 2026

What changed in Management’s Discussion and Analysis?

Read the current filing

Previous report: 10-Q

Period ended 2024-06-30; filed 2024-08-08.

0001829126-24-005302

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Current report: 10-Q

Period ended 2024-09-30; filed 2024-11-12.

0001829126-24-007425

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.

Compared 30 previous paragraphs and 30 current paragraphs.

26 unchanged; 3 reworded; 1 added; 0 removed; 1 previous and 0 current paragraphs rearranged.

Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.

A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.

Added paragraphs (1)

Current report

For the three months ended September 30, 2023, we had a net loss of $45,809, which consisted of formation and operating costs of $45,809.
Reworded paragraphs (3)

Previous wording

For the three months ended June 30, 2024, we had a net income of $19,924, which consisted of dividend income earned in investments held in Trust Account of $97,945, partially set-off by formation and operating costs of $78,021.

Current wording

For the three months ended September 30, 2024, we had a net income of $488,327, which consisted of dividend income earned in investments held in Trust Account of $891,298, partially set-off by formation and operating costs of $402,971.

Previous wording

For the six months ended June 30, 2024, we had a net loss of $55,864, which consisted of formation and operating costs of $153,809, partially set-off by dividend income earned in investments held in Trust Account of $97,945.

Current wording

For the nine months ended September 30, 2024, we had a net income of $432,463, which consisted of dividend income earned in investments held in Trust Account of $989,243, partially set-off by formation and operating costs of $556,780.

Previous wording

For the three months ended June 30, 2023, we had a net income of $2,546, which consisted of other income of $4,250, partially set-off by formation and operating costs of $1,704.

Current wording

For the nine months ended September 30, 2023, we had a net loss of $45,804, which consisted of other income of $4,250, partially set-off by formation and operating costs of $50,054.
Rearranged previous paragraphs (1)

Previous report — wording carried elsewhere

For the six months ended June 30, 2023, we had a net income of $5, which consisted of other income of $4,250, partially set-off by formation and operating costs of $4,245.