---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-005698"
form_type: "8-K"
ticker: "FSHP"
cik: "0001850059"
company_name: "Flag Ship Acquisition Corp"
filed_at: "2026-05-27T13:10:43+00:00"
generated_at: "2026-05-27T13:14:25.439863+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Flag Ship Acquisition receives second Nasdaq deficiency notice for late Q1 10-Q filing

## Summary
- May 21, 2026 Nasdaq notice for failure to timely file Form 10-Q for Q1 2026.
- Company also delinquent on Form 10-K for FY 2025; both violate Listing Rule 5250(c)(1).
- Must submit compliance plan by June 16, 2026; Nasdaq may grant extension to October 12, 2026.
- No immediate effect on listing or trading of ordinary shares; delisting risk remains.
- Press release issued May 27, 2026 per Nasdaq Rule 5810(b).

## SEC filing metadata
- accession: 0001829126-26-005698
- form_type: 8-K
- ticker: FSHP
- cik: 0001850059
- company_name: Flag Ship Acquisition Corp
- filed_at: 2026-05-27T13:10:43+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1850059/000182912626005698/0001829126-26-005698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1850059/000182912626005698/flagshipacq_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-005698
- JSON: https://secwatch.observer/filing/0001829126-26-005698.json
- Plain text: https://secwatch.observer/filing/0001829126-26-005698.txt

## Source-grounded claims
- claim_id: 9613264941c69e2eb8972e7517d298d8e1ec33c6
  claim: Flag Ship Acquisition Corp received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
  evidence_excerpt: May 21, 2026, Flag Ship Acquisition Corporation (the “Company”) received an additional deficiency letter (the “Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) as a res
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850059/000182912626005698/0001829126-26-005698-index.htm

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