Flag Ship Acquisition Corp
For the period ended Jun 30, 2025. Filed Aug 1, 2025.
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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.
Jun 30, 2025 · Filed Aug 1, 2025
FSHP$11.35+0.3%Stored close · as of Nov 9, 2026
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Statements of Operations (Unaudited)
UNAUDITED STATEMENTS OF OPERATIONS
| For the three months ended June 30, | For the six months ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Formation, general and administrative expenses | $(152,648) | $(78,021) | $(314,719) | $(153,809) |
| Other income: | ||||
| Interest and dividends earned on cash and investments held in Trust Account | 742,274 | 97,945 | 1,482,043 | 97,945 |
| Total other income, net | 742,274 | 97,945 | 1,482,043 | 97,945 |
| Income (loss) before income taxes | 589,626 | 19,924 | 1,167,324 | (55,864) |
| Income taxes | - | - | - | - |
| NET INCOME (LOSS) | $589,626 | $19,924 | $1,167,324 | $(55,864) |
| Basic and diluted weighted average shares outstanding, ordinary shares subject to possible redemption | 6,900,000 | 758,242 | 6,900,000 | 379,121 |
| Basic and diluted net income (loss) per ordinary shares subject to possible redemption | $0.07 | $0.01 | $0.13 | $(0.03) |
| Basic and diluted weighted average shares outstanding, ordinary shares attributable to Flag Ship Acquisition Corporation | 1,963,000 | 1,751,154 | 1,963,000 | 1,738,077 |
| Basic and diluted net income (loss), ordinary shares attributable to Flag Ship Acquisition Corporation | $0.07 | $0.01 | $0.13 | $(0.03) |
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