Flag Ship Acquisition Corporation·Financial Services
NEW YORK, April 22, 2026 (GLOBE NEWSWIRE) -- Flag Ship Acquisition Corp (NASDAQ: FSHP) (the “Company”), a special purpose acquisition company, announced that on April 17, 2026, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) advising the Company that the Company does not comply with Nasdaq's Listing Rule 5250(c)(1) for continued listing because the Company had not timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”). Nasdaq has informed the Company that it has until June 16, 2026 to submit a plan to regain compliance with respect to this delinquent report. If Nasdaq approves the Company's plan, it has the discretion to grant the Company an extension of up to 180 calendar days from the due date of the Form 10-K (or until October 12, 2026) to regain compliance.
Crossingbridge Advisors LLC purchased a new stake in Flag Ship Acquisition Corporation (NASDAQ: FSHP) in the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 133,000 shares of the company's stock, valued at approximately $1,415,000. Crossingbridge Advisors LLC owned approximately 2.64% of Flag
Flag Ship Acquisition Corporation (NASDAQ: FSHP - Get Free Report)'s stock price traded up 0.1% on Tuesday. The stock traded as high as $10.83 and last traded at $10.8410. 54,901 shares were traded during trading, an increase of 913% from the average session volume of 5,418 shares. The stock had previously closed at $10.83. Analyst
