Flag Ship Acquisition Corp 8-K

What Happened
Flag Ship Acquisition Corp (FSHP) announced it has regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its Quarterly Report on Form 10‑Q for the quarter ended March 31, 2026. Nasdaq confirmed on June 8, 2026 that following the June 5, 2026 Form 10‑Q filing the company met the rule’s requirements and that the matter is closed. The company issued a press release on June 9, 2026 announcing the outcome.

Key Details

• Nasdaq originally notified the company of noncompliance under Rule 5250(c)(1) on April 17, 2026 and again on May 21, 2026.
• Noncompliance related to the company’s failure to timely file its Annual Report on Form 10‑K for the fiscal year ended December 31, 2025 and the Form 10‑Q for the quarter ended March 31, 2026.
• Flag Ship filed the Form 10‑Q on June 5, 2026; Nasdaq confirmed compliance on June 8, 2026 and closed the matter.
• The company attached a press release to the 8‑K (Exhibit 99.1) announcing the Nasdaq determination.

Why It Matters
Regaining compliance means Flag Ship’s securities remain in good standing with Nasdaq and the immediate risk of delisting on this timing issue has been resolved. For investors, timely SEC filings are important for transparency about financials and operations; the filing and Nasdaq’s confirmation restore regulatory compliance and reduce short‑term listing uncertainty.