
FLY SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit
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OnâŊNovemberâŊ22,âŊ2025, national securities law firm Faruqi & Faruqi, LLP (NYSE:âŊFLY) announced that it is investigating potential claims on behalf of investors in Firefly Aerospace Inc. (âFireflyâ or the âCompanyâ) and that eligible investors may seek to serve as lead plaintiff in the federal securities class action filed against the Company.
According to the notice, anyone who purchased or otherwise acquired Firefly common stock in connection with its AugustâŊ7,âŊ2025 initial public offering, and/or traded Firefly securities between AugustâŊ7 and SeptemberâŊ29, inclusive, and suffered losses, might have the opportunity to lead the lawsuit.
The complaint alleges that Firefly and its senior executives made materially false or misleading statements, or omitted required disclosures, by overstating demand and growth prospects for its Spacecraft Solutions business, overstating the operational readiness and commercial viability of its AlphaâŊrocket program, and failing to disclose that such misstatements would likely have a material adverse impact on the Company.
Firefly went public on AugustâŊ7,âŊ2025, selling approximately 19.296 million shares atâŊ$45.00 each. The Companyâs Q2âŊ2025 resultsâits first earnings report as a public companyâwere released SeptemberâŊ22: a net loss ofâŊ$80.3âŊmillion (â$5.78/share) versus a priorâyear loss ofâŊ$58.7âŊmillion (â$4.60/share); revenue of $15.55âŊmillion fell short of estimates ($17.25âŊmillion) and dropped 26.2% yearâoverâyear; the Spacecraft Solutions segment posted only $9.2âŊmillion in revenue, down 49%âŊYOY.
On SeptemberâŊ22, Fireflyâs stock fellâŊ$7.58/share (â15.31%) to close at $41.94. On SeptemberâŊ30, after Firefly disclosed that the first stage of its AlphaâŊFlightâŊ7 rocket had suffered a loss and raised questions about its commercial launch commitments and technical viability, the stock dropped another $7.66 (â20.73%) to close at $29.30.
Investors who wish to discuss their rights or learn more about the class action and lead plaintiff deadline of JanuaryâŊ12,âŊ2026 may contact Faruqi &âŊFaruqi or visit their website.
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