Announcement • Jun 10
Flag Ship Acquisition Corporation Regains Compliance with Nasdaq Listing Rule 5250(C)(1) Flag Ship Acquisition Corporation announced that it has received formal notice from the Listing Qualifications Department of the Nasdaq Stock Market that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1). As previously disclosed, Nasdaq notified the Company on April 17, 2026 and May 21, 2026 that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of its failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, respectively. On June 8, 2026, Nasdaq confirmed that, following the filing of the Company's Form 10-Q for the quarter ended March 31, 2026 on June 5, 2026, the Company complies with Rule 5250(c)(1). Accordingly, Nasdaq has determined that the matter is now closed. Announcement • May 27
Flag Ship Acquisition Corporation Receives Additional Nasdaq Notification Regarding Late Filing of Quarterly Report Flag Ship Acquisition Corporation (the Company) announced that it received a second notification letter from the Listing Qualifications Department of the Nasdaq Stock Market on May 21, 2026 indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of its failure to timely file its periodic report on Form 10-Q for the quarter ended March 31, 2026 with the Securities and Exchange Commission. As previously announced on April 22, 2026, the Company received a notification letter from the Nasdaq Listing Qualifications Department on April 17, 2026 as a result of its failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The notices have no immediate effect on the listing or trading of the Company’s ordinary shares on the Nasdaq Global Market. Under Nasdaq rules, the Company has 60 calendar days from receipt of the Initial Notice, or until June 16, 2026, to submit a plan to regain compliance. If Nasdaq accepts the Company’s plan, Nasdaq may grant an exception of up to 180 calendar days from the Form 10-K due date, or until October 12, 2026, for the Company to regain compliance. The Company intends to take the necessary steps to regain compliance with Nasdaq’s listing rules as soon as practicable. However, there can be no assurance that Nasdaq will accept the Company’s plan or grant an exception, or that the Company will be able to regain compliance within any extension period that may be granted. This press release is issued in accordance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. Announcement • May 16
Flag Ship Acquisition Corporation announced delayed 10-Q filing On 05/15/2026, Flag Ship Acquisition Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 