Investor Alert: Investigation into Firefly Aerospace Inc.
Pomerantz Law Firm, recognized for its expertise in securities litigation, has announced an investigation into possible misconduct by Firefly Aerospace Inc. (NASDAQ: FLY) and its officers. The firm is reaching out to investors who may have been affected by the company's recent financial disclosures and operational challenges.
Background of Firefly Aerospace
Firefly Aerospace Inc. has positioned itself as a key player in the aerospace sector, focusing on launch services and satellite deployment. The company went public with an initial public offering on August 7, 2025, offering 19.3 million shares at a price of $45 per share. However, subsequent financial results have raised concerns among investors.
Financial Disclosures Raise Questions
The financial report released by Firefly on September 23, 2025, showed alarming figures. The company reported a net loss of $80.3 million or $5.78 per share, significantly worse than the $58.7 million loss or $4.60 per share reported in the same quarter the previous year. Additionally, revenue of $15.55 million fell short of analyst expectations, which predicted revenue of $17.25 million, marking a stark decline of 26.2% year-over-year.
In response to these disappointing results, Firefly’s stock price plummeted by $7.58 per share, translating to a 15.31% drop, closing at $41.94 on the day of the announcement.
Operational Setbacks Continue
Adding to investor anxiety, on September 29, 2025, Firefly disclosed a critical incident during the testing of its Alpha Flight 7 rocket, where the first stage of the rocket experienced a failure resulting in a loss of the stage. This news led to another steep decline in the company's stock price, which dropped $7.66 per share (20.73%), ending at $29.30 on September 30, 2025.
Given these troubling developments, Pomerantz LLP is now probing whether Firefly and its leadership may have engaged in securities fraud or other unlawful activities that could have misled investors and affected stock performance.
Next Steps for Investors
Investors who believe they have been affected by Firefly's recent disclosures are encouraged to reach out to Pomerantz LLP for further information. Danielle Peyton, an attorney at the firm, is available for inquiries at [email protected] or via phone at 646-581-9980, ext. 7980. The firm aims to provide guidance on how affected investors can join the investigation and potentially pursue claims against the company.
About Pomerantz LLP
With over eight decades of experience, Pomerantz LLP stands out as a leader in securities class action litigation, having pioneered the field. Their commitment to fighting for the rights of investors is well recognized, having achieved numerous settlements resulting in multimillion-dollar recoveries for class members. Often referred to as the dean of the class action bar, the late Abraham L. Pomerantz founded the firm, which emphasizes strong advocacy against corporate misconduct.
Visit www.pomlaw.com for more information about the firm and their ongoing cases.