Flag Ship Acquisition Corp (FSHP) Form 8-K — Jun 17, 2026
Flag Ship Acquisition Corp shareholders approved an amendment to extend the deadline to consummate a business combination from June 20, 2026 to June 20, 2027. The extension allows up to twelve one-month periods, subject to the Sponsor depositing the lesser of $60,000 or $0.033 per outstanding ordinary share into the trust account for each month. Holders of 1,507,257 ordinary shares exercised their redemption rights following the Extraordinary General Meeting held on June 11, 2026. The Extension Proposal was approved with 2,993,175 votes for and 1,267,577 votes against, meeting the required two-thirds majority.
Key figures
- Votes For
- 2993175
- Votes Against
- 1267577
- Shares Redeemed
- 1507257
- Extension Period
- Up to 12 months (June 20, 2026 to June 20, 2027)
- Shares Outstanding
- 5025517
- Extension Fee Per Month
- Lesser of $60,000 or $0.033 per outstanding share
AI analysis
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