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Investigation: DiCello Levitt LLP Commences Investigation into Firefly Aerospace (NASDAQ:FLY)
Globenewswire· 2025-10-13 22:57
Core Insights - DiCello Levitt LLP has initiated an investigation into Firefly Aerospace Inc. regarding potential violations of U.S. federal securities laws, focusing on possible false or misleading statements made by the company and its executives [1] Investigation Details - Firefly Aerospace conducted an initial public offering on August 7, 2025, selling 19.3 million shares at $45.00 per share, raising $933.1 million in net proceeds [3] - On September 22, 2025, Firefly reported a second-quarter 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 the previous year. Revenue was reported at $15.55 million, falling short of analyst estimates of $17.25 million and down 26.2% year-over-year. Following this announcement, the stock price dropped by $7.58, or 15.31%, closing at $41.94 on September 23, 2025 [4] - On September 29, 2025, Firefly disclosed a loss of the first stage of its Alpha Flight 7 rocket during testing, leading to a further stock price decline of $7.66, or 20.73%, closing at $29.30 on September 30, 2025 [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Firefly Aerospace Inc. - FLY
Prnewswire· 2025-10-03 14:00
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Firefly Aerospace Inc. ("Firefly" or the "Company") (NASDAQ: FLY). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Firefly and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On or around August 7, 2025, Firefly ...
BOOM! Firefly Alpha Rocket Explodes During Test
The Launch Pad· 2025-09-29 20:41
UPDATE! During testing at Firefly’s facility in Briggs Texas, the first stage of Firefly’s Alpha Flight 7 rocket experienced an event that resulted in a loss of the stage. Proper safety protocols were followed, and all personnel are safe. Firefly is assessing the impact to its stage test stand, and no other facilities were impacted. #Firefly #Explosion #RocketFail Join our community Discord! https://discord.com/invite/xCm9UpDPE4 This coverage is made possible by our amazing community! Consider becoming a Th ...
BOOM! Firefly Alpha Rocket Explodes During Test
The Launch Pad· 2025-09-29 20:40
UPDATE! During testing at Firefly’s facility in Briggs Texas, the first stage of Firefly’s Alpha Flight 7 rocket experienced an event that resulted in a loss of the stage. Proper safety protocols were followed, and all personnel are safe. Firefly is assessing the impact to its stage test stand, and no other facilities were impacted. #Firefly #Explosion #RocketFail Join our community Discord! https://discord.com/invite/xCm9UpDPE4 This coverage is made possible by our amazing community! Consider becoming a Th ...