Flag Ship Acquisition receives noncompliance notification from Nasdaq

Flag Ship Acquisition (FSHP) announced that it received a letter from Nasdaq advising the company that the company does not comply with Nasdaq’s Listing Rule 5250 for continued listing because the company had not timely filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. Nasdaq has informed the company that it has until June 16 to submit a plan to regain compliance with respect to this delinquent report. If Nasdaq approves the company’s plan, it has the discretion to grant the company an extension of up to 180 calendar days from the due date of the Form 10-K to regain compliance.