Polar Asset Management Partners Inc. Makes New Investment in Flag Ship Acquisition Corporation (NASDAQ:FSHP)

Polar Asset Management Partners Inc. purchased a new position in Flag Ship Acquisition Corporation (NASDAQ:FSHP) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 377,000 shares of the company’s stock, valued at approximately $3,778,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dakota Wealth Management bought a new position in Flag Ship Acquisition in the 3rd quarter worth approximately $103,000. ATW Spac Management LLC bought a new position in Flag Ship Acquisition in the 3rd quarter worth approximately $680,000. Berkley W R Corp bought a new position in Flag Ship Acquisition in the 3rd quarter worth approximately $2,452,000. Glazer Capital LLC bought a new position in Flag Ship Acquisition in the 3rd quarter worth approximately $3,069,000. Finally, Mizuho Securities USA LLC bought a new position in Flag Ship Acquisition in the 3rd quarter worth approximately $6,027,000.

Flag Ship Acquisition Stock Down 0.1 %

NASDAQ FSHP opened at $10.15 on Thursday. Flag Ship Acquisition Corporation has a one year low of $9.98 and a one year high of $10.16. The firm’s 50 day moving average price is $10.08.

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.