FLY SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit

FLY SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit

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Related Stocks:FLY
Onâ€ŊNovemberâ€Ŋ22,â€Ŋ2025, national securities law firm Faruqi & Faruqi, LLP (NYSE:â€ŊFLY) announced that it is investigating potential claims on behalf of investors in Firefly Aerospace Inc. (“Firefly” or the “Company”) 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 Augustâ€Ŋ7,â€Ŋ2025 initial public offering, and/or traded Firefly securities between Augustâ€Ŋ7 and Septemberâ€Ŋ29, 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 Alphaâ€Ŋrocket program, and failing to disclose that such misstatements would likely have a material adverse impact on the Company. Firefly went public on Augustâ€Ŋ7,â€Ŋ2025, selling approximately 19.296 million shares atâ€Ŋ$45.00 each. The Company’s Q2â€Ŋ2025 results—its first earnings report as a public company—were released Septemberâ€Ŋ22: a net loss ofâ€Ŋ$80.3â€Ŋmillion (‑$5.78/share) versus a prior‐year loss ofâ€Ŋ$58.7â€Ŋmillion (‑$4.60/share); revenue of $15.55â€Ŋmillion fell short of estimates ($17.25â€Ŋmillion) and dropped 26.2% year‑over‑year; the Spacecraft Solutions segment posted only $9.2â€Ŋmillion in revenue, down 49%â€ŊYOY. On Septemberâ€Ŋ22, Firefly’s stock fellâ€Ŋ$7.58/share (‑15.31%) to close at $41.94. On Septemberâ€Ŋ30, after Firefly disclosed that the first stage of its Alphaâ€ŊFlightâ€Ŋ7 rocket had suffered a loss and raised questions about its commercial launch commitments and technical viability, the stock dropped another $7.66 (‑20.73%) to close at $29.30. Investors who wish to discuss their rights or learn more about the class action and lead plaintiff deadline of Januaryâ€Ŋ12,â€Ŋ2026 may contact Faruqi &â€ŊFaruqi or visit their website. #FireflyAerospace #SecuritiesClassAction #InvestorAlert #IPOInvestigation #SlimScan #GrowthStocks #CANSLIM

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FLY SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit | SlimScan