Flag Ship Acquisition Corporation (FSHPR)New York, United States | NasdaqGM
0.05 USD
-0.02
(-24.775%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Aug. 22, 2026, 3:15 a.m. EDT
The security is effectively worthless and carries extreme existential risk. Fundamentally, the company is insolvent with a massive debt load of over $1.5 billion against negligible cash reserves, resulting in a negative book value and a current ratio of 0.01. This balance sheet implosion is confirmed by the severe deterioration in earnings, which have plummeted by over 72% quarterly. The recent news of a 'Jet Engine Token Strategy' and a switch of auditors due to 'going concern risks' highlights that the business model is speculative and the market has already flagged the company as failing. There is no price history to assess long-term trends, and the lack of any dividend payments confirms the company cannot generate free cash flow for shareholders. While a letter of intent was announced, the financial reality suggests this is likely a bridge to liquidation rather than a viable path to profitability. |
| Attribute | Value |
|---|---|
| Beta | -0.01 |
| Attribute | Value |
|---|---|
| Address1 | 26 Broadway |
| Address2 | Suite 934 |
| Ask | 0.12 |
| Ask Size | 42 |
| Beta | -0.008 |
| Bid | 0.12 |
| Bid Size | 1 |
| Book Value | -1.076 |
| City | New York |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.0501 |
| Current Ratio | 0.003 |
| Custom Price Alert Confidence | HIGH |
| Day High | 0.0666 |
| Day Low | 0.05 |
| Display Name | Flag Ship |
| Earnings Growth | -0.408 |
| Earnings Quarterly Growth | -0.686 |
| Earnings Timestamp End | 1,747,166,400 |
| Earnings Timestamp Start | 1,747,166,400 |
| Ebitda Margins | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Two Week High | 0.0666 |
| Fifty Two Week High Change | -0.016500004 |
| Fifty Two Week High Change Percent | -0.2477478 |
| Fifty Two Week Low | 0.05 |
| Fifty Two Week Low Change | 0.00009999797 |
| Fifty Two Week Low Change Percent | 0.0019999593 |
| Fifty Two Week Range | 0.05 - 0.0666 |
| Financial Currency | USD |
| Float Shares | 1,496,809 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.0165 |
| Fullday Change Percent | -24.7748 |
| Fullday Price | 0.0501 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Industry | |
| Industry Key | |
| Ipo Expected Date | 2,024-08-15 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Long Business Summary | Flag Ship Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2018 and is based in New York, New York. |
| Long Name | Flag Ship Acquisition Corporation |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1681271577 |
| Net Income To Common | 976,367 |
| Open | 0.0666 |
| Operating Cashflow | -429,977 |
| Operating Margins | 0.0 |
| Phone | 646 362 0256 |
| Previous Close | 0.0666 |
| Price Hint | 4 |
| Price To Book | -0.046561338 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.0 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.016500004 |
| Regular Market Change Percent | -24.77478 |
| Regular Market Day High | 0.0666 |
| Regular Market Day Low | 0.05 |
| Regular Market Day Range | 0.05 - 0.0666 |
| Regular Market Open | 0.0666 |
| Regular Market Previous Close | 0.0666 |
| Regular Market Price | 0.0501 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 8,405 |
| Sand P52 Week Change | 0.20504117 |
| Sector | |
| Sector Key | |
| Short Name | Flag Ship Acquisition Corp. |
| Source Interval | 15 |
| State | NY |
| Symbol | FSHPR |
| Total Cash | 1,300 |
| Total Cash Per Share | 0.0 |
| Total Debt | 2,053,701 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Type Disp | Equity |
| Volume | 8,405 |
| Zip | 10,004 |