{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-002833","form_type":"8-K","ticker":"FSHP","cik":"0001850059","company_name":"Flag Ship Acquisition Corp","filed_at":"2025-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.147904+00:00","generated_at":"2026-05-23T09:32:01.627102+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Flag Ship terminates GRT merger, enters new merger with Great Future Technology Inc.","bullets":["Mutual termination of prior merger with Great Rich Technologies on April 18, 2025; no termination fee payable.","New Merger Agreement with Great Future Technology Inc. (PubCo) and GFT Merger Sub; each ordinary share exchanges for one PubCo Class A share.","Each outstanding Company Right converts into fractional PubCo Class A shares based on per-share merger consideration.","Closing requires SEC registration, Nasdaq listing, CSRC approval, shareholder votes; outside date December 31, 2025.","Lock-up: PubCo holders (6 months; 50% may release if price ≥$12.50 for 20 days); Sponsor (30 days private, 6 months founder)."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-002833","json":"https://secwatch.observer/filing/0001829126-25-002833.json","markdown":"https://secwatch.observer/filing/0001829126-25-002833.md","text":"https://secwatch.observer/filing/0001829126-25-002833.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1850059/000182912625002833/0001829126-25-002833-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1850059/000182912625002833/flagship_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T09:32:01.627102+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}