---
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"
generated_at: "2026-05-23T09:32:01.627102+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Flag Ship terminates GRT merger, enters new merger with Great Future Technology Inc.

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-002833
- JSON: https://secwatch.observer/filing/0001829126-25-002833.json
- Plain text: https://secwatch.observer/filing/0001829126-25-002833.txt

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