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Flag Ship Acquisition Corp. reported that Nasdaq notified the company on April 17, 2026 that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because its Form 10-K for the year ended December 31, 2025 was not filed on time.
The company must submit a plan to regain compliance to Nasdaq by June 16, 2026, and, if the plan is accepted, Nasdaq may grant an extension of up to October 12, 2026 to file the Form 10-K and cure the deficiency. The notice does not immediately affect the listing of Flag Ship’s securities on Nasdaq, and the company states it is working diligently to complete the Form 10-K, while cautioning there is no assurance it will regain compliance or meet all Nasdaq listing criteria.
Flag Ship Acquisition Corp. reported that Nasdaq notified the company on April 17, 2026 that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because its Form 10-K for the year ended December 31, 2025 was not filed on time.
The company must submit a plan to regain compliance to Nasdaq by June 16, 2026, and, if the plan is accepted, Nasdaq may grant an extension of up to October 12, 2026 to file the Form 10-K and cure the deficiency. The notice does not immediately affect the listing of Flag Ship’s securities on Nasdaq, and the company states it is working diligently to complete the Form 10-K, while cautioning there is no assurance it will regain compliance or meet all Nasdaq listing criteria.