Wolverine Asset Management LLC Takes Position in Flag Ship Acquisition Corporation (NASDAQ:FSHP)

Wolverine Asset Management LLC purchased a new stake in shares of Flag Ship Acquisition Corporation (NASDAQ:FSHP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 464,603 shares of the company’s stock, valued at approximately $4,720,000. Wolverine Asset Management LLC owned 5.24% of Flag Ship Acquisition as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of FSHP. Dakota Wealth Management acquired a new position in shares of Flag Ship Acquisition during the 3rd quarter valued at $103,000. Robinson Capital Management LLC bought a new stake in shares of Flag Ship Acquisition during the 4th quarter worth $130,000. Virtu Financial LLC bought a new stake in shares of Flag Ship Acquisition during the 3rd quarter worth $178,000. ATW Spac Management LLC bought a new stake in shares of Flag Ship Acquisition during the 3rd quarter worth $680,000. Finally, Quarry LP bought a new stake in shares of Flag Ship Acquisition during the 3rd quarter worth $1,840,000.

Flag Ship Acquisition Price Performance

FSHP opened at $10.23 on Friday. The stock’s fifty day moving average is $10.19. Flag Ship Acquisition Corporation has a fifty-two week low of $9.98 and a fifty-two week high of $10.25.

Flag Ship Acquisition 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.