We will primarily seek to acquire one or more growth businesses with a total enterprise value of between $200 million and $400 million. (Incorporated in the Cayman Islands)

We will seek to capitalize on the strength of our management team. Our team consists of experienced professionals and senior operating executives. Collectively, our officers and directors have decades of experience in mergers and acquisitions, and operating companies, in Asia. We believe we will benefit from their accomplishments, and specifically their current and recent activities with companies that have a connection to the Asian market, in identifying attractive acquisition opportunities. However, there is no assurance that we will complete a business combination.

(Note: Flag Ship Acquisition Corp. changed the sole book-runner of its SPAC IPO to Lucid Capital Markets, replacing Ladenburg Thalmann, according to an F-1/A filing dated May 21, 2024.)

(Note: Flag Ship Acquisition Corp. priced its small-cap SPAC IPO in sync with the terms in its prospectus – 6.0 million units at $10.00 each – to raise $60 million on Monday night, June 17, 2024. At pricing, Flag Ship Acquisition became the sixth SPAC IPO priced so far in June 2024 and the 15th SPAC IPO priced for the year to date in 2024. Background: Flag Ship Acquisition Corp. cut the size of its SPAC IPO by 40 percent – to 6.0 million units, down from 10.0 million units initially – at $10.00 each to raise $60.0 million, according to an S-1/A filing dated Dec. 14, 2022. The company also trimmed the size of its potential targets to companies with enterprise values between $200 million and $400 million – down from those with enterprise values between $300 million and $600 million. Flag Ship Acquisition Corp. filed its S-1 on Nov. 12, 2021, after submitting confidential IPO paperwork to the SEC on March 9, 2021.)