Shares of Flag Ship Acquisition Corp (NASDAQ:FSHPU – Get Free Report) traded down 6.8% during trading on Thursday . The company traded as low as $11.64 and last traded at $11.65. 900 shares were traded during mid-day trading, a decline of 39% from the average session volume of 1,475 shares. The stock had previously closed at $12.50.
Flag Ship Acquisition Trading Down 6.8%
The firm has a 50 day moving average price of $11.10.
Flag Ship Acquisition Company Profile
We are a blank check company incorporated in the Cayman Islands and formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our business combination. We have not identified any acquisition target and we have not, nor has anyone on our behalf, initiated any discussions, directly or indirectly, to identify any acquisition target.
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