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

$FSHPPress releaseMay 8, 2026, 9:18 AM ETRead the release

Flag Ship Acquisition Corporation (FSHP) has entered into a binding letter of intent with Bluechip & Co. Holdings, a cross-border financial services platform, for a proposed business combination. The LOI includes exclusivity provisions and sets an implied equity valuation for Bluechip between $300 million and $400 million. The transaction remains subject to due diligence, definitive agreements, and regulatory approvals.

Key figures

Deal Value Usd
$300 million to $400 million

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