FLAG SHIP ACQ. DL-,001

Flag Ship Acquisition released results for the quarter ended March 31, 2026, and reported earnings per share of $0.03. In the same quarter a year earlier, EPS was $0.07. The figures were presented on June 5, 2026, at the quarterly financial conference. » Altro su finanzen.net

Flag Ship Acquisition has signed a binding letter of intent with Bluechip & Co. Holdings for a proposed merger, which includes exclusivity and other transaction terms. The transaction is to be effected by share exchange, merger or consolidation and is subject to due diligence, definitive agreements and approval by the boards and shareholders. Bluechip is provisionally implied to be valued at USD 300–400 million, representing a substantial premium to Flag Ship’s current market capitalization of about USD 55 million; the parties have agreed a 90‑day exclusive review period. » Altro su de.investing.com

Shareholders of Flag Ship Acquisition voted at the annual meeting to elect four directors — Matthew Chen, Shan Cui, Pai Liu and Wen He. Approximately 70.75% of the outstanding common shares were represented; each director received 3,257,220 votes in favor with 298,470 broker non‑votes. MaloneBailey, LLP was confirmed as the independent auditor for the fiscal year ending December 31, 2025 (3,555,690 votes in favor). The company also extended the deadline for the proposed merger with Great Future Technology to June 30, 2026. Publicly available metrics show the stock trading near its 52‑week low and a low current ratio of 0.05, suggesting potential liquidity risks. » Altro su de.investing.com

Flag Ship Acquisition and Great Future Technology have extended the deadline for their planned merger by contract amendment from December 31, 2025 to June 30, 2026. Under the amendment, Flag Ship Acquisition will be merged into GFT Merger Sub and continue as a 100% subsidiary of Great Future Technology. The closing remains subject to approvals and conditions; additional filings, including a Form F-4 registration statement as well as proxy materials and a prospectus, are expected to be submitted to the SEC. » Altro su de.investing.com

Flag Ship Acquisition announced on Oct. 31, 2025 at a financial conference the quarterly results for the quarter ended Sept. 30, 2025. Earnings per share amounted to $0.06 compared with $0.250 in the year‑ago period. » Altro su finanzen.net