| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | - | 1,167,324 |
| Net income | 1,620,825 | - |
| Interest and dividends earned on cash and investments held in trust account | 2,172,140 | 1,482,043 |
| Prepayments and deposits | -59,797 | - |
| Accrued liabilities | 1,022 | -25,628 |
| Prepayments and deposits | - | -30,869 |
| Deferred offering costs | - | 0 |
| Due to related party | 90,000 | 60,000 |
| Net cash used in operating activities | -400,496 | -249,478 |
| Cash withdrawn from trust account in connection to redemption | 40,447,071 | - |
| Proceeds deposited in trust account | - | 0 |
| Proceeds from extension loan deposited into trust account | 60,000 | - |
| Net cash provided by (used in) investing activities | 40,387,071 | 0 |
| Repayment of promissory note related party | - | 0 |
| Proceeds from promissory notes - related party | - | 192,500 |
| Proceed from private placement | - | 0 |
| Redemption of ordinary shares | 40,447,071 | - |
| Proceed from public offering, net of offering costs | - | 0 |
| Proceeds from promissory note related party | 402,500 | - |
| Net cash provided by (used in) financing activities | -40,044,571 | 192,500 |
| Net change in cash | -57,996 | -56,978 |
| Cash and cash equivalents at beginning of period | 76,747 | - |
| Cash and cash equivalents at end of period | 18,751 | - |
Flag Ship Acquisition Corp (FSHP)
Flag Ship Acquisition Corp (FSHP)