Table search / Registration and prospectus / Flag Ship Acquisition Corp. Ordinary Shares

39 results

Newest first

FSHP Flag Ship Acquisition Corp. Ordinary Shares

We are an “emerging growth company” under applicable federal securities laws and will be subject to reduced public company reporting requirements. Investing in our securities involves risks. See “Risk Factors” on page 38. Investors will not be entitled to protections normally afforded to investors in Rule 419 blank check offerings.

	Price to Public		Underwriting Discounts and Commissions(1)		Proceeds, before expenses, to us
Per Unit	$	10.00	$	0.45	$	9.55
Total	$	60,000,000	$	2,700,000	$	57,300,000

21 May 24

7:17pm

S-1/A

FSHP Flag Ship Acquisition Corp. Ordinary Shares

IPO registration (amended)

The following table shows the use of the approximately $500,000 of net proceeds not held in the trust account.

	Amount		% of Total
Legal, accounting, due diligence, travel, and other expenses in connection with any business combination	$	150,000		30.00	%
Legal and accounting fees related to regulatory reporting obligations(5)		75,000		15.00	%
Payment for office space, administrative and support services		120,000		24.00	%
NASDAQ continued listing fees		44,000		8.80	%
Director and Officer liability insurance premiums		100,000		20.00	%
Other miscellaneous expenses(6)		11,000		2.20	%
Total	$	500,000		100.0	%

21 May 24

7:17pm

S-1/A

FSHP Flag Ship Acquisition Corp. Ordinary Shares

IPO registration (amended)

The following table illustrates the dilution to our public shareholders on a per-share basis, assuming no value is attributed to the rights included in the units and the private placement units.

	No exercise of over-allotment option			Exercise of over-allotment option in full
Public offering price	$	9.09		$	9.09
Net tangible book value before this offering	$	(0.23)		$	(0.23)
Decrease attributable to new investors	$	(0.47)		$	(0.47)
Pro forma net tangible book value after this offering	$	(0.70)		$	(0.70)
Dilution to public shareholders	$	9.79		$	9.79
Percentage of dilution to public shareholders		107.73	%		107.70	%

21 May 24

7:17pm

S-1/A

FSHP Flag Ship Acquisition Corp. Ordinary Shares

IPO registration (amended)

The following table shows the public offering price, underwriting discount to be paid by us to the underwriters and the proceeds, before expenses, to us. This information assumes either no exercise or full exercise by the underwriters of their over-allotment option.

	Per Unit		Without Over-allotment		With Over-allotment
Public offering price	$	10.00	$	60,000,000	$	69,000,000
Discount(1)	$	0.45	$	2,700,000	$	3,105,000
Proceeds before expenses(2)	$	9.55	$	57,300,000	$	65,895,000

21 May 24

7:17pm

S-1/A

FSHP Flag Ship Acquisition Corp. Ordinary Shares

IPO registration (amended)

(Currency expressed in United States Dollars (“US$”), except for number of shares)

	For the year ended December 31, 2023
	Ordinary shares				Additional				Total
	No. of shares		Amount		paid-in capital		Accumulated deficit		shareholders’ deficit
Balance as of December 31, 2022 (restated)		1,725,000	$	1,725	$	23,275	$	(245,607)		(220,607)

Net loss for the year		-		-		-		(62,399)		(62,399)

Balance as of December 31, 2023		1,725,000	$	1,725	$	23,275	$	(308,006)		(283,006)

21 May 24

7:17pm

S-1/A

vuvysif vidow2c

IPO registration (amended)

21 May 24

7:17pm

S-1/A

1czxuv

IPO registration (amended)

21 May 24

7:17pm

S-1/A

v726a234d60tikb8jtsz

IPO registration (amended)

21 May 24

7:17pm

S-1/A

xnhak 15rsjslhb96pc1

IPO registration (amended)

21 May 24

7:17pm

S-1/A

5vlek

IPO registration (amended)

21 May 24

7:17pm

S-1/A

stvgz65nle 6pi

IPO registration (amended)

21 May 24

7:17pm

S-1/A

518b99gv2j1

IPO registration (amended)

21 May 24

7:17pm

S-1/A

qy3ii0nlzpmb2zl r0wm

IPO registration (amended)

21 May 24

7:17pm

S-1/A

f4p4r4uzkkr

IPO registration (amended)

21 May 24

7:17pm

S-1/A

ffw12my39m 7fasn

IPO registration (amended)

21 May 24

7:17pm

S-1/A

1c8o4el94mkw60dvp

IPO registration (amended)

21 May 24

7:17pm

S-1/A

86l1h12wfl24n2ky 3n

IPO registration (amended)

21 May 24

7:17pm

S-1/A

x8qu5s1iamx6v6

IPO registration (amended)

21 May 24

7:17pm

S-1/A

tkk4u v7pglvq938zq

IPO registration (amended)

21 May 24

7:17pm

S-1/A

v64low

IPO registration (amended)

21 May 24

7:17pm

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.

Table search / Registration and prospectus / Flag Ship Acquisition Corp. Ordinary Shares

39 results

Top filers

Top filing types

Recent filing years