
Flag Ship Acquisition (NASDAQ:ETHZ), referred to by executives as Forum Markets during its first-quarter 2026 earnings call, said it is continuing to build its platform around tokenized real-world assets while also using capital for share repurchases and evaluating strategic alternatives.
Chairman and CEO McAndrew Rudisill said the company has made progress expanding its asset origination pipelines, including entering AI infrastructure financing and developing potential co-investment partnerships with major financial investment firms. He also acknowledged what he called “a meaningful disconnect” between the market’s valuation of the company and management’s view of the platform’s intrinsic value.