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Flag Ship Acquisition Corporation ( (FSHP) ) has shared an update.
On April 18, 2025, Flag Ship Acquisition Corporation and Great Rich Technologies Limited mutually agreed to terminate their previously planned merger, with no termination fees required. Subsequently, Flag Ship entered into a new merger agreement with Great Future Technology Inc., which involves Flag Ship merging into a subsidiary of Great Future Technology, with the latter continuing as the surviving entity. This new merger aims to enhance Flag Ship’s market positioning and operational capabilities.
More about Flag Ship Acquisition Corporation
YTD Price Performance: 1.87%
Average Trading Volume: 11,451
Technical Sentiment Signal: Strong Sell
Current Market Cap: $91.73M
For a thorough assessment of FSHP stock, go to TipRanks’ Stock Analysis page.