Flag Ship Acquisition Corp

For the period ended Mar 31, 2026. Filed Jun 5, 2026.

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.

Mar 31, 2026 · Filed Jun 5, 2026

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

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Contents

Balance Sheets (Unaudited)

UNAUDITED BALANCE SHEETS

	March 31, 2026	December 31, 2025
ASSETS
Current asset:
Cash	$1,811	$6,551
Prepayments and deposits	13,967	18,523
Total current assets	15,778	25,074
Cash and investments held in trust account	33,430,500	33,080,038
TOTAL ASSETS	$33,446,278	$33,105,112
LIABILITIES AND SHAREHOLDERS’ DEFICIT
Current liabilities:
Accrued liabilities	$104,994	$17,124
Promissory notes – related party	1,540,219	1,446,751
Total current liabilities	1,645,213	1,463,875
Deferred underwriting compensation	1,725,000	1,725,000
TOTAL LIABILITIES	3,370,213	3,188,875
Commitments and contingencies
Ordinary shares subject to possible redemption 3,062,517 and 3,062,517 shares issued and outstanding at redemption value of $10.92 and $10.80 on March 31, 2026 and December 31, 2025, respectively	33,430,500	33,080,038
Shareholders’ deficit:
Ordinary shares, $0.001 par value; 50,000,000 shares authorized; 1,963,000 and 1,963,000 shares issued and outstanding (excluding 3,062,517 and 3,062,517 shares, subject to possible redemption as of March 31, 2026 and December 31, 2025, respectively)	1,963	1,963
Accumulated deficit	(3,356,398)	(3,165,764)
Total Shareholders’ deficit	(3,354,435)	(3,163,801)
TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT	$33,446,278	$33,105,112

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.