NEW YORK, NY / ACCESSWIRE / December 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Airship AI Holdings, Inc. ("Airship AI Holdings, Inc.") (NASDAQ:AISP) concerning possible violations of federal securities laws.
Airship AI issued a press release on November 14, 2024, reporting its financial and operational results for the third quarter of 2024. Among other items, Airship AI reported revenue of $2.9 million, missing consensus estimates by $1.9 million. In the press release, President Paul Allen stated that the Company "saw several large opportunities pushed out to FY 2025 or drastically cut due to budget challenges across several federal agencies" and that "the completion of the capital raise late in the quarter caused delays in bringing in several opportunities as the funds were needed to cover the cost of goods sold for those opportunities."
Following this news, Airship AI's stock price fell over 22% on November 15, 2024. To obtain additional information, go to:
https://zlk.com/pslra-1/airship-ai-holdings-inc-lawsuit-submission-form?prid=116337&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on accesswire.com
