MYNARIC ALERT: Bragar Eagel & Squire, P.C. is Investigating Mynaric AG on Behalf of Mynaric Stockholders and Encourages Investors to Contact the Firm

Core Insights - Mynaric AG has revised its full-year 2024 revenue guidance down to a range of EUR 16.0 million to EUR 24.0 million from a previous range of EUR 50.0 million to EUR 70.0 million due to production delays and component shortages [2] - The company also expects a higher operating loss for 2024, now projected to be between EUR 55.0 million to EUR 50.0 million, compared to the earlier guidance of a loss between EUR 40.0 million to EUR 30.0 million [2] - Following the announcement, Mynaric's stock price experienced a significant decline of $2.32 per share, or 55.9%, closing at $1.83 per share on August 20, 2024 [2] Company Developments - Mynaric announced the voluntary departure of CFO Stefan Berndt von-Bülow for personal reasons, effective the week prior to the announcement [2] - Bragar Eagel & Squire, P.C. is investigating potential claims against Mynaric on behalf of stockholders regarding possible violations of federal securities laws and other unlawful business practices [1]