UPCOMING DEADLINE: Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. due to allegations of misleading statements and operational issues that have negatively impacted the company's stock performance and investor confidence [4][6]. Group 1: Company Overview - Firefly Aerospace Inc. conducted its initial public offering (IPO) on August 7, 2025, selling 19.296 million shares at a price of $45.00 per share [7]. - The company reported a significant loss of $80.3 million, or $5.78 per share, for the second quarter of 2025, which is an increase from a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [8]. Group 2: Financial Performance - Firefly's revenue for the second quarter of 2025 was $15.55 million, which fell short of analyst estimates of $17.25 million and represented a 26.2% decrease from the same quarter in 2024 [8]. - The revenue from Firefly's Spacecraft Solutions business segment was only $9.2 million, indicating a 49% year-over-year decrease [8]. Group 3: Stock Performance and Legal Implications - Following the financial results announcement, Firefly's stock price dropped by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [9]. - After a subsequent announcement regarding a failure in the Alpha Flight 7 rocket test, the stock price fell further by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [11]. Group 4: Legal Action and Class Action Details - A federal securities class action has been filed against Firefly, with a deadline of January 12, 2026, for investors to seek the role of lead plaintiff [4]. - The complaint alleges that Firefly and its executives made false statements regarding the demand for its offerings and the operational readiness of its rocket program, which could have a material negative impact on the company [6].