Flag Ship Acquisition Corp received Nasdaq notice of non-compliance with Listing Rule 5250(c)(1) due to failure to timely file its 2025 Form 10-K, with 60 days to submit a compliance plan.
Key takeaways
Received Nasdaq deficiency notice on April 17, 2026, for late 10-K filing.
Must submit compliance plan by June 16, 2026 (60 days from notice).
Potential extension to October 12, 2026, if plan accepted.
No immediate impact on listing of ordinary shares.
Working to complete 10-K but no assurance of regaining compliance.
Entered definitive agreement for business combination with Great Future Technology Inc.