{"url_path":"/sec/fshp/10-q/2026/item-1a","section_key":"item-1a","section_title":"Item 1A RISK FACTORS.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-05","source_url":"https://www.sec.gov/Archives/edgar/data/1850059/0001829126-26-006111-index.html","accession_number":"0001829126-26-006111","cik":"0001850059","ticker":"FSHP","issuer_name":"Flag Ship Acquisition Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1850059/0001829126-26-006111-index.html","primary_entity_key":"0001850059","primary_entity_name":"Flag Ship Acquisition Corp"},"word_count":138,"has_tables":true,"body_markdown":"**ITEM 1A. RISK FACTORS.**\n\n \n\nFactors that could cause our actual results to\ndiffer materially from those in this Quarterly Report are any of the risks described in our Annual Report on Form 10-K for the fiscal\nyear ended December 31, 2025 filed with the SEC on May 29, 2026 and any additional filings made by the Company following such date.\nAny of these factors could result in a significant or material adverse effect on our results of operations or financial condition. Additional\nrisk factors not presently known to us or that we currently deem immaterial may also impair our business or results of operations. As\nof the date of this Quarterly Report, there have been no material changes to the risk factors disclosed in our Annual Report on Form\n10-K for the fiscal year ended December 31, 2025."}