Flag Ship Acquisition Corp
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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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$11.35+0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Changes in Shareholders’ Equity (Deficit) (Unaudited)
UNAUDITED STATEMENT OF CHANGES IN SHAREHOLDER’S DEFICIT
| Ordinary shares · Additional paid-in · Accumulated · Total shareholders’ | ||||||
|---|---|---|---|---|---|---|
| No. of shares · Amount · capital · deficit · deficit | ||||||
| Balance as of January 1, 2024 | 1,725,000 | $1,725 | $23,275 | $(308,006) | $(283,006) | |
| Net loss for the period | - | - | - | (75,788) | (75,788) | |
| Balance as of March 31, 2024 | 1,725,000 | 1,725 | 23,275 | (383,794) | (358,794) | |
| Sale of units in initial public offering, net of offering costs | 6,900,000 | 6,900 | 65,520,667 | - | 65,527,567 | |
| Sale of units to the founder in private placement | 238,000 | 238 | 2,379,762 | - | 2,380,000 | |
| Initial classification of ordinary shares subject to possible redemption | (6,900,000) | (6,900) | (64,660,391) | - | (64,667,291) | |
| Allocation of offering costs to ordinary shares subject to redemption | - | - | 3,231,709 | - | 3,231,709 | |
| Accretion of carrying value to redemption value | - | - | (6,495,022) | (1,069,396) | (7,564,418) | |
| Subsequent remeasurement of ordinary shares subject to redemption | - | - | - | (97,945) | (97,945) | |
| Net income for the period | - | - | - | 19,924 | 19,924 | |
| Balance as of June 30, 2024 | 1,963,000 | 1,963 | - | (1,531,211) | (1,529,248) | |
| Subsequent remeasurement of ordinary shares subject to redemption | - | - | - | (891,298) | (891,298) | |
| Net income for the period | - | - | - | 488,327 | 488,327 | |
| Balance as of September 30, 2024 | 1,963,000 | $1,963 | $ | - | $(1,934,182) | $(1,932,219) |
| Ordinary shares · Additional paid-in · Accumulated · Total shareholders’ | |||||
|---|---|---|---|---|---|
| No. of shares | Amount | capital | deficit | deficit | |
| Balance as of January 1, 2023 | 1,725,000 | $1,725 | $23,275 | $(245,607) | $(220,607) |
| Net loss for the period | - | - | - | (2,541) | (2,541) |
| Balance as of March 31, 2023 | 1,725,000 | 1,725 | 23,275 | (248,148) | (223,148) |
| Net income for the period | - | - | - | 2,546 | 2,546 |
| Balance as of June 30, 2023 | 1,725,000 | 1,725 | 23,275 | (245,602) | (220,602) |
| Net loss for the period | - | - | - | (45,809) | (45,809) |
| Balance as of September 30, 2023 | 1,725,000 | $1,725 | $23,275 | $(259,411) | $(266,411) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.