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

Core Viewpoint - Firefly Aerospace is facing a class action lawsuit due to allegations of misleading statements regarding its business operations and financial performance, particularly related to its IPO and subsequent financial results [5][2]. Group 1: Legal Actions and Investigations - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace and has announced a deadline of January 12, 2026, for investors to seek the role of lead plaintiff in the class action lawsuit [2]. - The lawsuit alleges that Firefly and its executives violated federal securities laws by making false statements about the demand for its Spacecraft Solutions and the operational readiness of its Alpha rocket program [5][6]. Group 2: Financial Performance - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [6]. - In its first earnings report as a public company on September 22, 2025, Firefly reported a loss of $80.3 million, or $5.78 per share, compared to a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [7]. - Revenue for the second quarter of 2025 was reported at $15.55 million, which was below analyst estimates of $17.25 million and represented a 26.2% decrease year-over-year [7]. Group 3: Stock Price Reactions - Following the earnings report, Firefly's stock price fell by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [8]. - After the disclosure of a failed rocket stage on September 29, 2025, the stock price dropped further by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [10].