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Flag Ship Acquisition Corporation ( (FSHP) ) has provided an announcement.
On April 18, 2025, Flag Ship Acquisition Corporation entered into a merger agreement with Great Future Technology Inc. and its subsidiary, GFT Merger Sub Limited, to merge Flag Ship into Merger Sub, which will continue as a wholly-owned subsidiary of GFT. An amendment to the merger agreement was made on December 11, 2025, extending the deadline for the merger completion to June 30, 2026. This merger is part of a proposed business combination that will be submitted to shareholders for approval, with important information to be filed with the SEC. The transaction aims to strengthen GFT’s market position, but it faces potential risks and uncertainties, including regulatory approvals and market reactions.
More about Flag Ship Acquisition Corporation
Average Trading Volume: 4,884
Technical Sentiment Signal: Buy
Current Market Cap: $54.18M
See more data about FSHP stock on TipRanks’ Stock Analysis page.