With Captain Kidd's ghost pirate army running loose across New York City, Phoebe Spengler and Sammy Velez slip away from the main group to seek out the captain himself. Their lead brings them to his old quarters, but locating the place is only the first obstacle: one of the two ends the issue in serious jeopardy. Meanwhile, Gary, Callie, Trevor, Lucky, Doctor Dan, and Janine Melnitz are left to contend with the larger pirate incursion on their own, dealing with equipment troubles and an increasingly desperate situation on the streets.
Captain Kidd: The historical privateer whose ghost has been unleashed on Manhattan. Phoebe traces his whereabouts to his old quarters, with the issue ending on a cliffhanger involving one of the two investigators. Historical speculation that Kidd buried treasure at what is now Liberty Island, visible from his Pearl Street home, is raised by Sammy during their search.
Kidd's Ghost Pirate Army: The spectral pirate crew continues its rampage through New York City. The imagery on page 2 evokes the gang of pirate ghosts in the The Real Ghostbusters episode "Sea Fright," in which a crew of spectral buccaneers caused similar chaos.
The team continues to use the Proton Pack and Particle Thrower throughout the issue. Both Phoebe's pack (the design from Ghostbusters: Afterlife) and Trevor's pack (the updated design from Ghostbusters: Frozen Empire) appear, as noted on the covers. Standard Uniform, Pistol Belt, and Ghost Trap are also used. The Ecto-1 appears in a scene where Trevor is working on the roof rack.
Cursed Saber of Captain Kidd: The ghostly weapon tied to Kidd's manifestation, carrying over from the previous issues.
Twinkie: A box of Twinkies is visible on the floor alongside bags of Goldfish Snacks, Pirate's Booty, and Maribo during a scene between Phoebe and Sammy.
The Firehouse serves as the base of operations for the main team. Phoebe and Sammy's investigation takes them through New York City in search of Captain Kidd's old quarters. An Earthy/Crunchy Health Foods store is shown during the pirate incursion scenes.
Cover A by Matt Smith depicts Phoebe in her Ghostbusters: Afterlife Proton Pack and Trevor in his Ghostbusters: Frozen Empire Proton Pack. Cover B by John Yurcaba features Phoebe again in her Afterlife pack; a street sign on the cover bears the surname Reitman, referencing directors Ivan Reitman and Jason Reitman. The Kraken Ghost's tentacles are shown draped over a pirate ship on the variant cover. On August 5, 2025, Yurcaba posted a behind-the-scenes look at his process for creating the variant cover.
On July 30, 2025, Dark Horse Comics posted a five-page preview of the issue ahead of its August 6, 2025 release date.
