Berkley W R Corp Invests $2.45 Million in Flag Ship Acquisition Corporation (NASDAQ:FSHP)

Berkley W R Corp bought a new stake in Flag Ship Acquisition Corporation (NASDAQ:FSHP - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 244,730 shares of the company's stock, valued at approximately $2,452,000. Berkley W R Corp owned about 2.76% of Flag Ship Acquisition at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in FSHP. Mizuho Securities USA LLC purchased a new position in shares of Flag Ship Acquisition in the 3rd quarter worth about $6,027,000. Glazer Capital LLC purchased a new position in Flag Ship Acquisition in the third quarter valued at approximately $3,069,000. ATW Spac Management LLC acquired a new position in Flag Ship Acquisition during the third quarter valued at approximately $680,000. Finally, Dakota Wealth Management purchased a new stake in Flag Ship Acquisition during the third quarter worth approximately $103,000.

Flag Ship Acquisition Stock Up 0.3 %

Shares of Flag Ship Acquisition stock traded up $0.03 during trading hours on Friday, hitting $10.15. The company's stock had a trading volume of 1,158 shares, compared to its average volume of 2,526. The firm has a fifty day moving average price of $10.07. Flag Ship Acquisition Corporation has a 1-year low of $9.98 and a 1-year high of $10.15.

About Flag Ship Acquisition

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.