FSHPR

Flag Ship Acquisition Corp. [FSHPR] represents rights issued as part of Flag Ship Acquisition Corp.'s special purpose acquisition company (SPAC) structure. These rights are derivative securities that typically allow holders to purchase additional shares at a predetermined price once the SPAC completes a business combination. Rights are often bundled with units during the initial public offering and may later trade separately. The value of these rights depends on the terms of the SPAC agreement and the likelihood of a successful merger or acquisition. Investors should carefully review the prospectus to understand exercise terms, expiration dates, and potential dilution effects.