Flag Ship Acquisition Corp. (FSHP)

Profile

Flag Ship Acquisition Corp. is a special purpose acquisition company that currently has no significant operating business. The company is designed to pursue a business combination such as a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction with one or more private businesses. It operates as a blank check vehicle within the financial services and shell company space, using its capital structure to identify and negotiate a transaction rather than to run a traditional commercial business. Flag Ship Acquisition Corp. is based in New York and is focused on serving as a public-market platform for a future combination with a target company.