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Flag Ship Acquisition Corporation (FSHPU)

Financial Services | Shell Companies | New York, United States | NasdaqGM
11.25 USD

Short-term:⯪☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:02 a.m. EDT

This shell company presents a catastrophic investment case driven by insolvency and zero utility. The balance sheet is in freefall, with debt of $1.54 billion crushing a mere $1.8 million in cash, resulting in a negative book value and a current ratio of 0.01. Operating cash flow is deeply negative, and earnings are collapsing at a rate of 72% quarterly. While the price has technically ticked up slightly over the last year, this is irrelevant given the entity's imminent failure to meet obligations. There is no dividend to speak of, and the lack of any business operations or growth trajectory makes holding this security a guaranteed loss of capital.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.008850
AutoTheta0.016368
AutoETS0.018515
MSTL0.025194

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 74%
H-stat 1.04
Ljung-Box p 0.000
Jarque-Bera p 0.218
Excess Kurtosis -1.20
Attribute Value
Sector Financial Services
Beta -0.01

Info Dump

Attribute Value
52 Week Change 0.07142854
Address1 26 Broadway
Address2 Suite 934
All Time High 13.4
All Time Low 10.0
Ask 16.55
Ask Size 1
Average Daily Volume10 Day 90
Average Daily Volume3 Month 159
Average Volume 159
Average Volume10Days 90
Beta -0.008
Bid 10.41
Bid Size 1
Book Value -1.076
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.25
Current Ratio 0.003
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 11.25
Day Low 11.25
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
Enterprise Value 41,632,824
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.1532
Fifty Day Average Change 0.09679985
Fifty Day Average Change Percent 0.00867911
Fifty Two Week Change Percent 7.1428537
Fifty Two Week High 13.4
Fifty Two Week High Change -2.1499996
Fifty Two Week High Change Percent -0.16044773
Fifty Two Week Low 10.43
Fifty Two Week Low Change 0.8199997
Fifty Two Week Low Change Percent 0.07861934
Fifty Two Week Range 10.43 - 13.4
Financial Currency USD
First Trade Date Milliseconds 1,718,717,400,000
Float Shares 1,496,809
Full Exchange Name NasdaqGM
Fullday Change 0.0
Fullday Change Percent 0.0
Fullday Price 11.25
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.00217
Industry Shell Companies
Industry Disp Shell Companies
Industry Key shell-companies
Ipo Expected Date 2,024-06-18
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
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
Most Recent Quarter 1,782,777,600
Net Income To Common 976,367
Next Fiscal Year End 1,798,675,200
Open 11.2
Operating Cashflow -429,977
Operating Margins 0.0
Phone 646 362 0256
Previous Close 11.25
Price Hint 2
Price To Book -10.455391
Profit Margins 0.0
Quick Ratio 0.0
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 11.25
Regular Market Day Low 11.25
Regular Market Day Range 11.25 - 11.25
Regular Market Open 11.2
Regular Market Previous Close 11.25
Regular Market Price 11.25
Regular Market Time 1,787,774,400
Regular Market Volume 406
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 6,220,000
Shares Short 3
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 3
Short Name Flag Ship Acquisition Corp.
Short Ratio 0.75
Source Interval 15
State NY
Symbol FSHPU
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
Two Hundred Day Average 11.017225
Two Hundred Day Average Change 0.23277473
Two Hundred Day Average Change Percent 0.021128254
Type Disp Equity
Volume 406
Zip 10,004