Company: FSHPU
Filing Date: 2025-09-23
Form Type: 8-K
Source: 0001829126-25-007581
Chunk: 0

Company: Flag Ship Acquisition Corp
Filing Date: 2025-09-23
Form: 8-K
Item: Item 8.01
Chunk 0
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Item 8.01.      Other Events.  

On August 26, 2025, Flag Ship
Acquisition Corporation (the “ Company”) elected to extend the date by which it has to consummate its initial business combination
by one (1) month, from September 20, 2025 to October 20, 2025, subject to the Company’s sponsor (or its designee) depositing additional
funds into the trust account (the “ Trust Account”). The Company is permitted a total nine (9) one month extension periods,
to June 20, 2026, to complete its initial business combination, subject to the Sponsor depositing additional amounts into the Trust Account.
On September 19, 2025, Whale Management Corporation (the “ Sponsor”) caused the first monthly extension fee of $60,000 to
be deposited into the Trust Account.

On September 23, 2025, the Company issued a press release announcing the first extension of the period
of time the Company has to consummate its initial business combination from September 20, 2025 to October 20, 2025. A copy of the press
release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.