MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit

Lawsuit Overview - Investors with substantial losses have the opportunity to lead a securities fraud class action lawsuit against Mynaric AG (NASDAQ: MYNA) [1] - The class period for the lawsuit is from June 20, 2024, to October 7, 2024 [1] - The lead plaintiff deadline is December 30, 2024 [1] Allegations Against Mynaric AG - Defendants failed to disclose lower-than-expected production yields and component supplier shortages, causing production delays for Mynaric's CONDOR Mk3 product [2] - These issues were likely to have a material negative impact on the Company's revenue growth and cause an operating loss [2] - Mynaric was unlikely to meet its previously issued financial guidance for FY 2024 [2] - The Company's business and financial prospects were overstated [2] - Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis [2] Class Action Participation - Investors do not need to take any action to be a member of the class action [3] - Investors may retain counsel of their choice or remain an absent member of the class action [3] - Contact information for the Law Offices of Howard G Smith is provided for those interested in learning more about the class action [3]