Whale Management Corp - 20 Jun 2024 Form 4 Insider Report for Flag Ship Acquisition Corp (FSHP)

Role
10%+ Owner
Signature
Whale Management Corporation, By: /s/ Matthew Chen, Director
Issuer symbol
FSHP
Transactions as of
20 Jun 2024
Net transactions value
+$2,380,000
Form type
4
Filing time
21 Jun 2024, 16:23:09 UTC
Previous filing
18 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSHP Ordinary shares, $0.001 par value Purchase $2,380,000 +238,000 +14% $10.00* 1,963,000 20 Jun 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FSHP Rights to receive ordinary shares Purchase +238,000 238,000 20 Jun 2024 Ordinary Shares 238,000 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired 330,000 units, at a purchase price of $10 per unit, each unit consisting of one ordinary share, and one right to receive one-tenth (1/10th) of one ordinary.
F2 Each holder of a right will receive one-tenth (1/10) of an ordinary share upon consummation of the registrant's initial business combination.
F3 The rights will expire upon liquidation if the registrant is unable to complete an initial business combination within the required time period as described in the registrant's prospectus filed with the SEC.