# Flag Ship Acquisition Corp signs merger agreement with Great Rich Technologies

Flag Ship Acquisition Corporation, a SPAC, signed a definitive merger agreement with Great Rich Technologies Limited (GRT) and GRT Merger Star Limited. Upon completion, Flag Ship shareholders will receive ADSs of GRT, and Flag Ship will merge into a GRT subsidiary, with GRT ADSs to be listed on Nasdaq.

- Type: Acquisition
- Announced: 2024-10-22
- Where: United States
- Status: announced
- Products: optoelectronic products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Flag Ship Acquisition Corporation](https://endata.com/companies/80560.md) (acquirer)
- [Great Rich Technologies](https://endata.com/companies/80561.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/flag-ship-acquisition-corporation-announces-entering-into-a-merger-agreement-with-great-rich-technologies-limited-and-grt-merger-star-limited-302282914.html), 2024-10-22: "Flag Ship Acquisition Corporation announced that it has signed a definitive merger agreement with Great Rich Technologies Limited and GRT Merger Star Limited."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.