• $141.2M
    Market Cap
  • 5.75%
    1-Year Change
  • Shell Companies
    Industry

Key Performance

More
  • Earnings Score: N/A
  • Momentum Score: N/A
  • True Yield: N/A
  • Financial Health Score: N/A
TradeSmith Loading

Latest Research & News

Flag Ship Acquisition Corporation Enters into Letter of Intent with Bluechip & Co. Holdings

Flag Ship Acquisition Corporation (NASDAQ: FSHP), a SPAC, has entered into a binding letter of intent with Bluechip & Co. Holdings to acquire 100% of Bluechip's equity interests. Bluechip, a cross-border financial services platform focused on insurance-related services and U.S. capital markets advisory, is valued between $300-400 million. The transaction is subject to due diligence, definitive agreement negotiations, and shareholder approval, with a 90-day exclusivity period.

05/08/2026, 9:18 AM • Benzinga

Peers

Statistics

More
Day Range
$11.02
$11.18
$11.03
1-Year Range
$10.43
$11.19
$11.03
Latest Close$11.03
Change
+$0.010 (+0.09%)
Volume4,901
Market Cap$141.2M
Shares Outstanding12.8M
P/E (TTM)23.94
Diluted EPS (TTM)$0.46
Enterprise Value$142.7M

Information as of 06/22/2026

Company Profile

FLAG SHIP ACQUISITION CORP
$141.2M
Market Cap
$1.4M
Net Income
Sector: Financial Services
Industry: Shell Companies
26 Broadway, New York, NY, United States, 10004
(646) 362-0256

Flag Ship Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2018 and is based in New York, New York.

Key Executives

  • Luhuan Zhong
  • Matthew Chen

Current Ownership Distribution

  • Institutions21.0M (73.49%)
  • Mutual Funds3.9M (13.60%)
  • Insiders3.7M (12.91%)
  • Other0 (0.00%)