Flag Ship Acquisition Corp. extends business combination deadline to October 20, 2025.

Flag Ship Acquisition Corporation, a SPAC, has received $60,000 from its sponsor to extend the time to complete a business combination to October 20, 2025. The sponsor plans to continue extending the deadline by a month as needed.

Flag Ship Acquisition Corporation (NASDAQ: FSHP), a publicly-traded special purpose acquisition company (SPAC), has received a $60,000 deposit from its sponsor, Whale Management Corporation, to extend the time to complete a business combination. The extension moves the deadline from September 20, 2025, to October 20, 2025 Flag Ship Acquisition Corporation Announces Deposit to Trust Account to Extend Deadline to Consummate Business Combination^[1].

The deposit into the company's trust account allows Flag Ship to continue its search for a suitable target business. The SPAC, which is sponsored by Whale Management Corporation, has not limited its efforts to a particular industry or geographic region. The sponsor has indicated its intention to continue extending the completion period for the initial business combination as needed, with additional monthly extensions Flag Ship Acquisition Corporation Announces Deposit to Trust Account to Extend Deadline to Consummate Business Combination^[1].

Flag Ship Acquisition Corporation is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities Flag Ship Acquisition Corporation Announces Deposit to Trust Account to Extend Deadline to Consummate Business Combination^[1].

The company's forward-looking statements, including the successful consummation of its initial public offering, are subject to risks and uncertainties. These statements are not historical facts and could differ from the actual results due to various factors Flag Ship Acquisition Corporation Announces Deposit to Trust Account to Extend Deadline to Consummate Business Combination^[1].

For further information, please contact Matthew Chen, the Chief Executive Officer of Flag Ship Acquisition Corporation, at (212) 884-2667 or via email at mchen@flagshipac.com Flag Ship Acquisition Corporation Announces Deposit to Trust Account to Extend Deadline to Consummate Business Combination^[1].