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

Statements of Cash Flows (Unaudited)

UNAUDITED STATEMENTS OF CASH FLOWS

(Currency expressed in United States Dollars (“US$”))

	Three Months ended March 31,
2026 · 2025
Cash flows from operating activities:
Net income	$159,828		$577,698
Adjustments to reconcile net income to net cash used in operating activities:
Interest and dividends earned on cash and investments held in trust account	(290,462)		(739,769)
Change in operating assets and liabilities
Prepayments and deposits	4,853		(25,293)
Accrued liabilities	90,712		(26,178)
Due to related party	329		30,000
Net cash used in operating activities	(34,740)		(183,542)
Cash flows from investing activities:
Proceeds from extension loan deposited into trust account	(60,000)		-
Net cash used in investing activities	(60,000)		-
Cash flows from financing activities:
Proceeds from extension loan deposited into Trust Account	60,000		-
Proceeds from promissory note – related party	30,000		142,500
Net cash provided by financing activities	90,000		142,500
NET CHANGE IN CASH	(4,740)		(41,042)
CASH, BEGINNING OF PERIOD	6,551		76,747
CASH, END OF PERIOD	$1,811		$35,705
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Extension funds attributable to ordinary shares subject to redemption	$60,000	$	-
Subsequent remeasurement of ordinary shares subject to possible redemption	$290,462		$739,769

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.