FSHPR Flag Ship Acquisition Corp
Price Chart
Executive Summary
Flag Ship Acquisition Corp received a delisting notice from Nasdaq for failing to timely file its 2025 Form 10-K, and publicly disclosed the notice in a press release. The company has until June 16, 2026 to submit a compliance plan, with a potential extension to October 12, 2026 to regain compliance.
Actionable Insight
Monitor whether the company submits a compliance plan by June 16, 2026 and whether Nasdaq grants an extension. SPAC investors should assess the risk of delisting impacting the company's ability to complete its planned business combination with Great Future Technology Inc.
Key Facts
- Received Nasdaq delisting notice on April 17, 2026 for failure to file 2025 Form 10-K by the deadline
- Violation of Nasdaq Listing Rule 5250(c)(1) for continued listing requirements
- Company has until June 16, 2026 to submit a compliance plan to regain listing
- If plan is accepted, company may have until October 12, 2026 to regain compliance
- Company is a SPAC that has entered into a definitive agreement with Great Future Technology Inc.
Financial Impact
Potential delisting risk with no immediate financial impact, but significant compliance pressure with deadline extensions possible
Risk Factors
- Risk of delisting if compliance plan is not accepted or if company fails to file 10-K by October 12, 2026
- Potential loss of institutional investor base and reduced liquidity if delisted
- Uncertainty around the company's financial reporting capabilities and governance
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001829126-26-003762 |
| Document: flagshipacq_ex99-1.htm | 0001829126-26-003762 |
| Document: 0001829126-26-003762-index-headers.html | 0001829126-26-003762 |
| Document: 0001829126-26-003762-index.html | 0001829126-26-003762 |
| Document: 0001829126-26-003762.txt | 0001829126-26-003762 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 27, 2026
16d ago
|
8-K
| $0.0818 awaiting T+5 | awaiting T+5 | — | — |
|
May 11, 2026
4w ago
|
8-K / 425
| $0.0999 $0.0811 | ▼ −18.82% | ▼ −18.73% | — |
|
Apr 22, 2026
7w ago
|
8-K
| — | awaiting T+5 | — | — |
US Market Status
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