FLY INVESTORS: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Firefly Aerospace Inc.

Core Viewpoint - Firefly Aerospace Inc. is facing a class action lawsuit due to alleged misleading statements in its IPO documents and overstated growth prospects, particularly regarding its Spacecraft Solutions and Alpha rocket program [1]. Group 1: IPO and Financial Performance - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [2]. - 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, for the same quarter in 2024 [3]. - The company's revenue was $15.55 million, which was below analyst estimates of $17.25 million and represented a 26.2% decrease from the same quarter in 2024 [3]. - Revenue from the Spacecraft Solutions segment was only $9.2 million, indicating a 49% year-over-year decrease [3]. Group 2: Stock Price Reaction - Following the earnings report, Firefly's share price dropped by $7.58, or approximately 15.3%, from $49.52 on September 22, 2025, to $41.94 on September 23, 2025 [3]. - After the disclosure of a failure in the Alpha Flight 7 rocket on September 29, 2025, shares fell by $7.64, or about 20.7%, from $36.96 to $29.32 [4]. Group 3: Legal Implications - The class action lawsuit claims that Firefly's IPO documents contained untrue statements and omitted necessary facts, leading to misleading information for investors [1]. - The lawsuit also alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness of its Alpha rocket program [1].