secwatch.observer — SEC 8-K summary
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Issuer:     Flag Ship Acquisition Corp (FSHP)
CIK:        0001850059
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001829126-24-006932
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1850059/000182912624006932/0001829126-24-006932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1850059/000182912624006932/flagship_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-006932

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