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

Role
10%+ Owner
Signature
Whale Management Corporation, By: /s/ Matthew Chen, Director
Stock symbol
FSHP
Transactions as of
Jun 20, 2024
Transactions value $
$2,380,000
Form type
4
Date filed
6/21/2024, 04:23 PM
Previous filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSHP Ordinary shares, $0.001 par value Purchase $2.38M +238K +13.8% $10.00* 1.96M Jun 20, 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 +238K 238K Jun 20, 2024 Ordinary Shares 238K $0.00 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.