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Flag Ship Acquisition Corp. DEF 14A Filings

FSHP NASDAQ

Every DEF 14A that Flag Ship Acquisition Corp. (FSHP) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow FSHP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FSHP filings page.

Rhea-AI Summary

Flag Ship Acquisition Corp asks shareholders to elect four directors, ratify Wei, Wei & Co., LLP as independent auditor for fiscal 2026, and approve an adjournment if votes are insufficient. The meeting is scheduled for November 6, 2026; holders as of September 10, 2026 may vote. The board recommends voting for all three proposals.

Wei, Wei & Co. replaced MaloneBailey LLP effective July 20, 2026. MaloneBailey’s 2025 and 2024 audit reports included explanatory paragraphs expressing substantial doubt about the company’s ability to continue as a going concern; the 2025 Form 10-K also identified material weaknesses in segregation of duties and written accounting, information technology, financial-reporting and recordkeeping policies. Whale Management Corporation and Matthew Chen are each listed with beneficial ownership of 1,963,000 shares, approximately 60.22%; the proxy states founders may influence shareholder matters other than approval of the initial business combination.

Rhea-AI Summary

Flag Ship Acquisition Corporation is asking shareholders to approve an extension of the deadline to complete its initial business combination from June 20, 2026 to June 20, 2027, via up to twelve one-month extensions. The sponsor would fund each extension by depositing the lesser of $60,000 or $0.033 per remaining public share into the trust account.

Public shareholders may redeem their shares in connection with the vote for an expected ~$11.01 per share, based on about $33.7 million in the trust account as of May 13, 2026, regardless of how they vote. If the extension is not approved and no business combination closes by June 20, 2026, the company will liquidate and redeem all public shares, while rights expire worthless.

The board notes a non-binding letter of intent signed on May 8, 2026 with Bluechip & Co. Holdings, but stresses there is no definitive agreement yet. An adjournment proposal would allow extra time to solicit votes if support for the extension initially falls short.

Rhea-AI Summary

Flag Ship Acquisition Corporation scheduled its Annual Meeting for December 18, 2025 at 10:00 a.m. ET at 45 Broadway, 17th Floor, New York, NY. Shareholders will vote on three items: elect four directors, ratify MaloneBailey, LLP as independent auditor for fiscal year ending December 31, 2025, and approve a possible adjournment to solicit additional proxies if needed. The Board unanimously recommends voting FOR all proposals.

Holders of record at the close of business on November 12, 2025 may vote by Internet or mail. Director elections are decided by a plurality of votes cast; auditor ratification requires a majority of votes cast; the adjournment proposal requires a majority of shares present and voting. Brokers may not vote on the director election without instructions, but may vote on auditor ratification. Founders collectively beneficially own approximately 39.06% of outstanding ordinary shares. For 2024, MaloneBailey billed $110,000 in audit fees and $3,300 in audit‑related fees.