SHAREHOLDER ACTION REMINDER: 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 [4][2]. Summary by Sections Company Overview - Firefly Aerospace conducted its initial public offering (IPO) on August 7, 2025, selling 19.296 million shares at a price of $45.00 per share [5]. Financial Performance - 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 [6]. - Revenue for the quarter was $15.55 million, which was below analyst estimates of $17.25 million and represented a 26.2% decrease year-over-year [6]. - The Spacecraft Solutions business segment reported revenue of only $9.2 million, marking a significant 49% year-over-year decline [6]. Stock Performance - Following the earnings report, Firefly's stock price dropped by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [7]. - After a subsequent announcement regarding a failure in the Alpha Flight 7 rocket test, the stock fell further by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [9]. Legal Actions - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace and has set 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 made false or misleading statements about the demand for its products and the readiness of its rocket program, which could have a materially negative impact on the company [4].