SAN DIEGO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased Firefly Aerospace Inc. (NASDAQ: FLY) (a) common stock pursuant to the Offering Documents issued in connection with the Company's initial public offering ("IPO") on August 7, 2025, or (b) securities between August 7, 2025 and September 29, 2025. Firefly operates as a space and defense technology company and purports to “provid[e] mission solutions for national security, government, and commercial customers with an established track record for success.”

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

The Allegations: Robbins LLP is Investigating Allegations That Firefly Aerospace Inc. (FLY) Mislead Investors Regarding its Business Prospects

According to the complaint, the Offering Documents issued in connection with the Company's IPO were negligently prepared. Specifically, during the class period, the Offering Documents and defendants failed to disclose that: (i) Firefly had overstated the demand and growth prospects for its Spacecraft Solutions offerings; (ii) Firefly had overstated the operational readiness and commercial viability of its Alpha rocket program; and (iii) the foregoing, once revealed, would likely have a material negative impact on the Company.

Plaintiff alleges that on September 22, 2025, Firefly reported disappointing financial results for the second quarter of 2025. On this news, Firefly's stock price fell $7.58 per share, or 15.31%, to close at $41.94 per share on September 23, 2025. Then, on September 29, 2025, Firefly disclosed that “the first stage of Firefly’s Alpha Flight 7 rocket experienced an event that resulted in a loss of the stage.” On this news, Firefly’s stock price fell $7.66 per share, or 20.73%, to close at $29.30 per share on September 30, 2025. As of the time the complaint was filed, Firefly’s stock price continues to trade significantly below the $45.00 per share Offering price, damaging investors.

What Now: You may be eligible to participate in the class action against Firefly Aerospace Inc. Shareholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

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