---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-006932"
form_type: "8-K"
ticker: "FSHP"
cik: "0001850059"
company_name: "Flag Ship Acquisition Corp"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:10:17.361490+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Flag Ship Acquisition Corp enters definitive merger with Great Rich Technologies Ltd

## Summary
- Flag Ship shareholders receive one GRT ordinary share (payable in ADS) per share; rights converted on same basis.
- Closing requires min $10M available liquidity, CSRC approval, Nasdaq listing of Parent ADSs, and KOSDAQ trading.
- Outside date is Feb 28, 2025; GRT shareholders locked up 6 months; Sponsor locked up 30 days then 6 months.
- GRT will file an F-4 registration statement; Flag Ship shareholders to vote on merger at extraordinary general meeting.
- Flag Ship (SPAC) merges with GRT (Hong Kong public co); combined entity to list on Nasdaq and KOSDAQ.

## SEC filing metadata
- accession: 0001829126-24-006932
- form_type: 8-K
- ticker: FSHP
- cik: 0001850059
- company_name: Flag Ship Acquisition Corp
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1850059/000182912624006932/0001829126-24-006932-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1850059/000182912624006932/flagship_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-006932
- JSON: https://secwatch.observer/filing/0001829126-24-006932.json
- Plain text: https://secwatch.observer/filing/0001829126-24-006932.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.