SHAREHOLDER ACTION REMINDER Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - Firefly Aerospace is facing significant legal challenges due to allegations of misleading statements regarding its business operations and financial performance, which have led to substantial stock price declines and investor losses [2][4][5]. Financial Performance - Firefly reported a loss of $80.3 million, or $5.78 per share, for Q2 2025, compared to a loss of $58.7 million, or $4.60 per share, in Q2 2024 [4]. - Revenue for Q2 2025 was $15.55 million, falling short of analyst estimates of $17.25 million and down 26.2% from the same quarter in 2024 [4]. - The Spacecraft Solutions business segment generated only $9.2 million in revenue, representing a 49% year-over-year decrease [4]. Stock Price Movement - Following the Q2 earnings report, Firefly's stock price dropped by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [5]. - After the announcement of a failed rocket stage during a test flight, the stock price fell further by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [7]. Legal Proceedings - A class action lawsuit has been initiated against Firefly and its executives for allegedly violating federal securities laws by making false or misleading statements about the company's prospects and operations [2]. - The lead plaintiff in the lawsuit is the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [8].