Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Starfighters Space, Inc. following significant executive resignations that may have led to investor losses [1][3][4] Group 1: Company Background - Starfighters Space commenced trading on NYSE American on December 18, 2025, in connection with its initial public offering [3] - The company announced the resignation of founder Rick Svetkoff from multiple executive roles on February 23, 2026, which was followed by a decline in the company's share price [3] Group 2: Investigation Details - The investigation by Johnson Fistel focuses on whether Starfighters Space complied with federal securities laws in light of the recent executive changes [4] - Investors who suffered losses from their investment in Starfighters Space stock are encouraged to contact Johnson Fistel for potential recovery options [2][4] Group 3: Law Firm Profile - Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with multiple offices across the United States, specializing in securities class action lawsuits [5] - The firm has been recognized among the Top 10 Plaintiff Law Firms in 2024, having recovered approximately $90.725 million for clients in cases where it served as lead or co-lead counsel [6]

Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Starfighters Space (NYSE American: FJET) following the resignation of key executives, including the founder, Rick Svetkoff, which may have implications for compliance with federal securities laws [1][3][4]. Group 1: Investigation Details - The investigation focuses on whether Starfighters' executive officers may have caused investor losses that could be recovered under federal securities laws [1]. - The resignation of Rick Svetkoff as CEO, President, Chairman, and Director, along with the Corporate Secretary and his spouse, has raised concerns about governance within the organization [3]. Group 2: Investor Information - Investors who purchased Starfighters securities and suffered losses are encouraged to join the investigation, with no cost or obligation [2]. - Johnson Fistel is a recognized law firm specializing in shareholder rights and has a history of representing both individual and institutional investors in securities class action lawsuits [5]. Group 3: Firm Achievements - In 2024, Johnson Fistel was ranked among the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services, having recovered approximately $90.725 million for clients in cases where it served as lead or co-lead counsel [6].

Core Viewpoint - Starfighters Space has announced the resignation of founder Rick Svetkoff from multiple leadership roles following the company's listing on the NYSE, with Tim Franta appointed as the new CEO to lead the company into its commercialization phase [1]. Company Leadership Changes - Rick Svetkoff, aged 72, has stepped down as CEO, President, Chairman, and Director of Starfighters Space, with his spouse Brenda Svetkoff also resigning as Company secretary [1]. - Tim Franta, previously the Vice President of Development since October 2022, has been appointed as the new CEO [1]. Tim Franta's Background - Tim Franta has a strong background in aerospace and energy, having served as Deputy Director at Energy Florida and as Chief of Staff for the Florida Space Authority [1]. - His experience includes drafting space transportation legislation and overseeing FAA licensing for launch pads, contributing to over $300 million in funding for space infrastructure [1]. Company Overview - Starfighters Space operates the world's largest fleet of commercial supersonic aircraft and is the only commercial entity capable of flying payloads at sustained MACH 2+ [1]. - The company is located at NASA Kennedy Space Center and focuses on air-launch capabilities, supporting research, pilot training, and advanced scientific efforts, including hypersonic testing [1]. Future Plans - Starfighters Space aims to position itself as the most cost-effective launch provider in the aerospace sector, with ongoing development of the STARLAUNCH air-launch system [1].

Market Overview - Gold prices have surpassed $5,000 per ounce, indicating a significant increase in value [1] - The White House has allocated $12 billion for critical mineral stockpiling, reflecting a strategic move towards resource security [2] - The FDA approved over 50 oncology treatments in 2025, showcasing rapid advancements in the healthcare sector [3] Company Highlights - **VisionWave Holdings (NASDAQ: VWAV)**: The company is developing an AI-controlled intelligent radar system with a distributed mesh decoy architecture, which could enhance operational efficiency compared to traditional radar systems [3][4] - **Starfighters Space (NYSE-A: FJET)**: The company is progressing to the Critical Design Review for STARLAUNCH 1, supported by GE Aerospace. This follows successful wind tunnel tests at speeds of Mach 0.85 and Mach 1.3 [5][6] - **Ares Strategic Mining (CSE: ARS / OTCQX: ARSMF)**: Ares holds the only permitted domestic source of fluorspar in the U.S. and has secured a $168.9 million contract with the Pentagon, with potential task orders reaching $250 million [6][7] - **Lake Victoria Gold (TSXV: LVG / OTCQB: LVGLF)**: The company reported drilling results confirming mineralization at its Imwelo Gold Project, with notable gold grades of 11.88 g/t over 1.33m and continuity extending beyond historical limits [8][9] - **Oncolytics Biotech (NASDAQ: ONCY)**: The company received FDA Fast Track Designation for its treatment in colorectal cancer, showing a 33% response rate compared to ~10% with standard chemotherapy, significantly improving patient outcomes [10][11]

Group 1 - Starfighters Space (NYSE American: FJET) celebrates its IPO and aims to send payloads into space using jets that fly at Mach-2 speeds [1] - Herbalife (NYSE: HLF) CFO John DeSimone will discuss the company's latest earnings and a new $7.5 million investment by soccer legend Cristiano Ronaldo [1] - The NYSE's third annual Space Summit will take place on Monday, bringing together pioneers, executives, and investors in the space industry [1] Group 2 - Investors are digesting key reports from the U.S. Bureau of Economic Analysis, including the December PCE Report, which is the Fed's preferred inflation gauge [1]

Group 1 - Starfighters Space Inc (NYSE:FJET) shares have experienced a significant increase of 87% over the past week, following a decline of over 50% at the beginning of 2026, indicating a potential recovery phase for the stock [1][4] - The recent rally in FJET stock is attributed to technical support, which may have triggered short-covering and dip-buying among traders [1][4] - The stock is currently trading 28.3% above its 20-day simple moving average (SMA), reflecting strong short-term momentum, with a 12-month increase of 10.82% [7] Group 2 - The overall market sentiment has shifted positively, as evidenced by the iShares Russell 2000 ETF rising approximately 1%, indicating renewed interest in small-cap and speculative growth stocks [2] - Reports regarding SpaceX potentially pursuing a $1.5 trillion IPO have negatively impacted other listed space stocks, leading investors to reassess valuations within the sector [3] - Starfighters Space operates from NASA's Kennedy Space Center and is involved in various aerospace activities, including air launch operations and hypersonic testing, positioning itself as a key player in the evolving space economy [5][6]

Company Operations - Starfighters Space, Inc. operates a fleet of seven F-104 supersonic aircraft, fulfilling a unique demand in the space economy[136]. - Starfighters International has entered into an aircraft acquisition agreement to purchase various used aircraft, including twelve F-4 Phantom II aircraft[144]. Financial Agreements and Obligations - The company has entered into a commercial hangar lease agreement in Texas for $18,535 per month, effective June 1, 2025, with a potential extension of up to four additional years[137]. - Under the Economic Development Agreement, Starfighters International is committed to relocating assets totaling $60 million by December 31, 2025, and $78 million by December 31, 2027[138]. - The company aims to create and maintain 23 full-time jobs by December 31, 2033, as part of its obligations under the Economic Development Agreement[138]. - Starfighters has amended its loan agreement with Space Florida, with an outstanding principal amount of $1,512,627.17 as of November 1, 2024[141]. Capital Raising and Stock Issuance - The company raised gross proceeds of $17,938,174 from the sale of 4,996,697 shares of common stock at $3.59 per share through its Regulation A Tier 2 Offering[151]. - The Company issued 6,145,364 shares of common stock at a price of $3.59 per share, resulting in gross proceeds of approximately $22,100,000 from its Reg A Offering on December 17, 2025[222]. - The Company issued 3,834,857 Common Shares at a price of $2.154 per share upon the automatic conversion of outstanding convertible debentures totaling approximately $8,261,000[223]. - The Company issued 404,312 Common Shares at a price of $3.59 per share for the conversion of notes payable to Space Florida, totaling approximately $1,451,000[224]. Financial Performance - For the nine months ended September 30, 2025, the company incurred a net loss of $6,261,319, an improvement from a net loss of $7,266,250 for the same period in 2024, reflecting a decrease in net loss of $1,004,931[153]. - Total operating expenses for the nine months ended September 30, 2025, were $5,661,699, compared to $2,940,194 in 2024, reflecting an increase of 92.5%[153]. - Other income increased to $475,140 for the nine months ended September 30, 2025, from $77,900 in 2024, a rise of 510%[171]. - Grant income of $139,723 was recognized in the nine months ended September 30, 2025, compared to $0 in 2024, indicating new funding sources[172]. - Interest income increased to $117,401 for the nine months ended September 30, 2025, compared to $26,420 in 2024, an increase of 345%[174]. Expense Analysis - Advertising and promotional expenses increased to $172,177 for the nine months ended September 30, 2025, compared to $140,540 in 2024, marking a rise of 22.5%[154]. - Business development expenses rose significantly to $580,736 in the nine months ended September 30, 2025, up from $270,000 in 2024, an increase of 115%[155]. - Consulting fees increased to $1,189,450 for the nine months ended September 30, 2025, compared to $659,217 in 2024, representing an increase of 80.5%[156]. - Research and development expenses were $636,205 for the nine months ended September 30, 2025, compared to $0 in 2024, indicating a new investment in product development[167]. - Insurance expenses increased significantly to $64,749 from $22,457, reflecting an increase of $42,292 due to new directors' and officers' insurance[182]. - Management fees rose to $75,000 from $55,500, an increase of $19,500, primarily for CEO oversight of daily operations[183]. - Travel and entertainment expenditures increased to $162,085 from $19,557, an increase of $142,528 as the company engaged with prospective investors[191]. - Interest expenses rose to $153,803 from $71,523, an increase of $82,280, due to higher rates on convertible debentures[197]. Cash Flow and Working Capital - Net cash used in operating activities for the nine months ended September 30, 2025, was $4,992,573, compared to $2,004,619 for the same period in 2024[203]. - Net cash provided by financing activities increased to $6,655,149 for the nine months ended September 30, 2025, from $4,161,572 in 2024[205]. - The company received gross proceeds of $7,247,931 from the Reg A Offering, net of issuance costs, during the nine months ended September 30, 2025[206]. - As of September 30, 2025, the Company had cash of $2,645,121 to settle current liabilities of $17,642,168 due within twelve months[237]. - The company reported a working capital deficit of $13,190,485 as of September 30, 2025, compared to a deficit of $7,676,263 at the end of 2024[199]. Market and Risk Factors - The Company has not entered into any material off-balance sheet arrangements[219]. - The Company intends to take advantage of reduced reporting requirements as an emerging growth company under the JOBS Act, which may affect comparability with other companies[228]. - The Company has no assurance that future equity and debt financing will be available on favorable terms[236]. - The Company’s exposure to market risk was insignificant as of September 30, 2025, with no material amounts of financial instruments in foreign currencies[238].

Core Insights - The latest data indicates significant increases in indicative borrow rates for various liquid option names, with Starfighters Space, Inc. (FJET) leading at 105.13% [1] Group 1: Borrow Rate Increases - Starfighters Space, Inc. (FJET) shows a borrow rate increase of 105.13%, up by 2.83 [1] - GraniteShares 1.5x Long COIN Daily ETF (CONL) has a borrow rate of 11.48%, increasing by 0.83 [1] - Icici Bank (IBN) reports a borrow rate of 1.10%, up by 0.80 [1] - EETH ETF (EETH) experiences a borrow rate of 19.93%, increasing by 0.59 [1] - Tradr 2X Long IREN Daily ETF (IREX) shows a borrow rate of 24.34%, up by 0.56 [1] - iShares Investment Grade Corporate Bond ETF (LQD) has a borrow rate of 3.00%, increasing by 0.55 [1] - Beyond Meat (BYND) reports a borrow rate of 12.97%, up by 0.49 [1] - Rani Therapeutics Holdings (RANI) shows a borrow rate of 18.04%, increasing by 0.44 [1] - Direxion Daily 20 plus Year Treasury Bear 3X Shares (TMV) has a borrow rate of 23.47%, up by 0.43 [1] - DeFi Development Corp (DFDV) reports a borrow rate of 10.50%, increasing by 0.39 [1]

Core Insights - Starfighters Space, Inc. (NYSE:FJET) is highlighted as a speculative investment opportunity, particularly in the context of recent market rotations [1] - The company operates a fleet of F-104 supersonic aircraft, providing pilot, astronaut, and in-flight testing services, as well as launch and access-to-space solutions [1] - Recent successful supersonic flight tests for GE Aerospace under the ATLAS program validate the company's business model and operational capabilities [1] Company Overview - Starfighters Space, Inc. specializes in aerospace services, including support for defense and hypersonic research [1] - The company completed three captive-carry flights using an F-104 aircraft, achieving speeds above Mach 2 (over 1,500 miles per hour) [1] - CEO Rick Svetkoff emphasized the validation of the business model and the advanced capabilities of the aircraft and flight operations team [1] Investment Considerations - While FJET shows potential as an investment, there are other AI stocks that may offer greater upside potential with less downside risk [1]

Market Overview - U.S. stock futures showed mixed results, with Dow futures declining by 0.2% [1] Company-Specific Movements - Jefferson Capital Inc (NASDAQ:JCAP) experienced a significant drop of 4.4%, trading at $22.00, following the announcement of a secondary offering of 10 million shares [1] - MOBIX LABS, INC. (NASDAQ:MOBX) fell sharply by 25.4% to $0.24 due to plans for a common stock offering [2] - Datavault AI Inc (NASDAQ:DVLT) shares decreased by 12.4% to $1.26 after a previous surge of 43% on Monday, linked to a nationwide deployment announcement [2] - BitVentures Ltd – ADR (NASDAQ:BVC) saw a decline of 9.7% to $13.33 after a 5% gain on Monday [2] - Zenas Biopharma Inc (NASDAQ:ZBIO) tumbled by 6.6% to $15.50 following a 52% drop on Monday due to Phase 3 trial results [2] - Theravance Biopharma Inc (NASDAQ:TBPH) dipped 6% to $17.07 after a 3% decline on Friday [2] - Graphic Packaging Holding Co (NYSE:GPK) fell 4.9% to $14.70 ahead of its fourth quarter financial results announcement [2] - ATRenew Inc (NYSE:RERE) declined by 4.1% to $5.65 after a 9% gain on Monday [2] - Rezolve AI PLC (NASDAQ:RZLV) fell 3.7% to $3.07 in pre-market trading [2] - NovaBay Pharmaceuticals Inc (NYSE:NBY) slipped 3.4% to $6.52 after a 15% jump on Monday [2] - Starfighters Space Inc (NYSE:FJET) decreased by 3.3% to $9.08 after a 10% dip on Monday [2]