Robinson Capital Management LLC Acquires New Shares in Flag Ship Acquisition Corporation (NASDAQ:FSHP)

Robinson Capital Management LLC acquired a new stake in shares of Flag Ship Acquisition Corporation (NASDAQ:FSHP) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 12,751 shares of the company’s stock, valued at approximately $130,000. Robinson Capital Management LLC owned approximately 0.14% of Flag Ship Acquisition as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Dakota Wealth Management bought a new stake in Flag Ship Acquisition in the third quarter valued at approximately $103,000. Virtu Financial LLC bought a new position in Flag Ship Acquisition during the third quarter worth $178,000. ATW Spac Management LLC acquired a new position in Flag Ship Acquisition in the third quarter valued at $680,000. Quarry LP bought a new stake in Flag Ship Acquisition during the third quarter valued at $1,840,000. Finally, Berkley W R Corp bought a new position in shares of Flag Ship Acquisition in the 3rd quarter worth about $2,452,000.

Flag Ship Acquisition Price Performance

NASDAQ:FSHP opened at $10.23 on Tuesday. Flag Ship Acquisition Corporation has a one year low of $9.98 and a one year high of $10.25. The stock’s 50-day simple moving average is $10.18.

Flag Ship Acquisition Company Profile

Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors.