Form 8-K

8-K — Flag Ship Acquisition Corp

Accession: 0001829126-26-006238

Filed: 2026-06-09

Period: 2026-06-08

CIK: 0001850059

SIC: 6770 (BLANK CHECKS)

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — flagshipacq_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (flagshipacq_ex99-1.htm)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

June 8, 2026

Date of Report (Date of earliest event reported)

FLAG SHIP ACQUISITION CORPORATION

(Exact Name of Registrant as Specified in Charter)

Cayman Islands

001-42138

00-0000000

N/A

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

26 Broadway, Suite 934

New York, New York 10004

(Address of Principal Executive Offices, and Zip

Code)

(646)-362-0256

Registrant’s Telephone Number, Including Area

Code

Not Applicable

(Former Name or Former Address, if Changed Since

Last Report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see

General Instruction A.2. below):

☐

Written communication pursuant to Rule 425

under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12

under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communication pursuant to

Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communication pursuant to

Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b)

of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Units, each consisting

of one Ordinary Share, $0.001 par value, and one right

FSHPU

The Nasdaq Stock Market LLC

Ordinary Shares,

$0.001 par value

FSHP

The Nasdaq Stock Market LLC

Rights

to receive one-tenth (1/10th) of one Ordinary Share

FSHPR

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an

emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities

Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark

if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards

provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01

Other Events.

On June 8, 2026, Flag Ship Acquisition Corp. (the "Company")

received formal notice from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company

that it 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.

In addition, on June 9, 2026, the Company issued a press release

announcing the foregoing. A copy of the press release is attached hereto as Exhibit 99.1.

Item

9.01

Financial Statements and Exhibits.

(d) Exhibits

EXHIBIT

INDEX

Exhibit No.

Description

99.1

Press Release

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements

of the Securities Exchange Act of 1934, the Company has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned

hereunto duly authorized.

Flag

Ship Acquisition Corporation

Dated:

June 9, 2026

By:

/s/

Matthew Chen

Name:

Matthew

Chen

Title:

Chief

Executive Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: flagshipacq_ex99-1.htm · Sequence: 2

Exhibit 99.1

Flag

Ship Acquisition Corporation Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

NEW

YORK, June 9, 2026 (GLOBE NEWSWIRE) – Flag Ship Acquisition Corporation (Nasdaq: FSHP) (the “Company”)

today announced that it has received formal notice from the Listing Qualifications Department of the Nasdaq Stock Market

(“Nasdaq”) 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.

About Flag Ship Acquisition Corp.

Flag Ship is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or 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’s efforts to identify a target business have not been limited to a particular industry or geographic region. Flag Ship is sponsored by Whale Management Corporation, a BVI business company with limited liability.

Forward-Looking Statements

This

press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These

statements include, but are not limited to, statements regarding the Company’s ability to maintain compliance with Nasdaq

listing requirements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to

differ materially from those expressed or implied, many of which are beyond the Company’s control. Actual results,

performance, or achievements may differ materially from those expressed or implied by any forward-looking statement. Additional

information regarding factors that may cause actual results to differ materially is included under the heading “Risk

Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and in the Company’s

subsequent periodic reports and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to

update any forward-looking statements except as required by law.

Contact:

Matthew Chen | Chief Executive Officer

Phone: (212) 884-2667

Email: mchen@flagshipac.com

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