<SEC-DOCUMENT>0001829126-24-004299.txt : 20240618
<SEC-HEADER>0001829126-24-004299.hdr.sgml : 20240618
<ACCEPTANCE-DATETIME>20240618160232
ACCESSION NUMBER:		0001829126-24-004299
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240617
FILED AS OF DATE:		20240618
DATE AS OF CHANGE:		20240618

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Chen Matthew
		CENTRAL INDEX KEY:			0001744775
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42138
		FILM NUMBER:		241051643

	MAIL ADDRESS:	
		STREET 1:		YONGDA INTERNATIONAL TOWER 2277
		STREET 2:		LONGEVITY RD. PUDONG DISTRICT
		CITY:			SHANGHAI
		STATE:			F4
		ZIP:			20000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Flag Ship Acquisition Corp
		CENTRAL INDEX KEY:			0001850059
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				000000000

	BUSINESS ADDRESS:	
		STREET 1:		260 MADISON AVENUE
		STREET 2:		8TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
		BUSINESS PHONE:		646 216-2000

	MAIL ADDRESS:	
		STREET 1:		260 MADISON AVENUE
		STREET 2:		8TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2024-06-17</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001850059</issuerCik>
        <issuerName>Flag Ship Acquisition Corp</issuerName>
        <issuerTradingSymbol>FSHP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001744775</rptOwnerCik>
            <rptOwnerName>Chen Matthew</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FLAG SHIP ACQUISITION CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>26 BROADWAY, SUITE 934</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK,</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10004</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chairman and CEO</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Ordinary Shares, $0.001 par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1725000</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Whale Management Corporation</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The ordinary shares reported in Table I include up to 225,000 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the Issuer's securities do not exercise in full their over-allotment option as described in the Issuer's registration statement.</footnote>
        <footnote id="F2">Whale Management Corporation (the &quot;Sponsor&quot;) is the record holder of the shares reported herein. The Reporting Person is the sole owner of the voting securities of the Sponsor and may be deemed to share beneficial ownership of the securities held of record by the Sponsor. However, the Reporting Person disclaims any such beneficial ownership except to the extent of his pecuniary interest.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Matthew Chen</signatureName>
        <signatureDate>2024-06-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
