PUBM INVESTORS: Kirby McInerney LLP Reminds Pubmatic, Inc. Investors of Important Deadline in Class Action Lawsuit

Core Viewpoint - PubMatic, Inc. has faced significant challenges due to a reduction in ad spend from a major demand-side platform (DSP) partner, leading to a substantial decline in share price and prompting a securities fraud class action lawsuit by affected investors [3][4]. Financial Performance - On August 11, 2025, PubMatic reported its second quarter 2025 financial results, revealing a decline in ad spend from one of its top DSP partners, which negatively impacted the company's outlook [3]. - Following the announcement, PubMatic's share price fell by $2.23, or approximately 21.1%, from $10.57 to $8.34 per share [3]. Lawsuit Details - The class action lawsuit is on behalf of investors who purchased securities between February 27, 2025, and August 11, 2025, alleging that the company made materially false and misleading statements regarding its business operations [4]. - Specific allegations include the failure to disclose the shift of clients to a new platform by a top DSP buyer, resulting in reduced ad spend and revenue, which rendered previous positive statements misleading [4].