Flag Ship Acquisition signs LOI to acquire Bluechip & Co. Holdings in $300 million-$400 million deal

Flag Ship Acquisition Corporation

Flag Ship Acquisition Corporation

FSHP

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  • Flag Ship Acquisition entered into a binding letter of intent to acquire 100% of Bluechip & Co. Holdings through a share exchange, merger, consolidation, or another structure to be mutually agreed.
  • Bluechip implied equity valuation expected to range between USD 300 million and USD 400 million based on preliminary discussions.
  • LOI sets a 90-day mutual exclusivity period, with an extension possible under specified conditions, while parties conduct due diligence and negotiate definitive agreements.
  • Bluechip runs a cross-border financial services platform focused on insurance-related customer acquisition, financial education, referral services, and U.S. capital markets advisory.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flag Ship Acquisition Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605080918PRIMZONEFULLFEED9716402) on May 08, 2026, and is solely responsible for the information contained therein.

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