REDWIRE CORPORATION CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed against Redwire Corporation in the United States District Court for the Middle District of Florida

NEW YORK, January 4, 2022 / PRNewswire / – Wolf Haldenstein Adler Freeman & Herz LLP announces that it has acted against Redwire Corporation (“Redwire” or the “Company”) (NYSE: RDW) in The United States District Court for the Middle District of Florida on behalf of all individuals and legal entities who have purchased or otherwise acquired securities from Redwire between August 11, 2021 and November 14, 2021, including both dates (the “Class Period”).

All investors who have acquired Redwire Corporation stock and suffered losses are urged to contact the company immediately at [email protected] or (800) 575-0735 or (212) 545-4774. You can find out more about the promotion or join the case on our website www.whafh.com.

If you have incurred a loss at Redwire Corporation, you can no later than February 15, 2022, request that the court appoint you as the lead plaintiff of the proposed group. Please contact Wolf Haldenstein to learn more about your rights as an investor in Redwire Corporation.

PLEASE CLICK HERE TO JOIN CASE

on November 10, 2021, Redwire announced that it is postponing the release of its third quarter results. The company “was informed by an employee of potential accounting issues in a business unit,” and the Audit Committee investigated the allegations. On the news, Redwire’s share price fell $ 1.92, or 16% to at. close $ 9.99 per share November 10, 2021, with unusually high trading volumes.

Then, on November 15, 2021, Redwire stated that it was unable to submit its quarterly report for the past period in a timely manner September 30, 2021. Due to the pending investigation into accounting issues in a business unit, “the company has been unable to finalize its financial statements or its assessment of the effectiveness of its disclosure controls and procedures and any impact” on the report.

On the news, Redwire’s share price fell $ 0.93, or 8.3%, over two consecutive trading sessions to close $ 10.32 per share November 16, 2021, with unusually high trading volumes.

Wolf Haldenstein has extensive experience prosecuting securities class actions and derivatives disputes in state and federal courts and appeals courts across the country. The firm has lawyers in various fields of activity; and offices in new York, Chicago and San Diego. This firm’s reputation and expertise in shareholder and other class action lawsuits have been recognized repeatedly by the courts who have appointed them to key positions in complex multi-district securities disputes and consolidated litigation.

If you would like to discuss this measure or have questions about your rights and interests in this case, please contact us immediately Wolf Haldenstein by phone at (800) 575-0735, emailing [email protected], or visit our website at www.whafh.com.

Contact:

Wolf Haldenstein Adler Freeman & Heart LLP
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: [email protected], [email protected], or [email protected]
Tel: (800) 575-0735 or (212) 545-4774

This news release may be viewed as a solicitation in some jurisdictions subject to applicable laws and ethical rules.

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SOURCE Wolf Haldenstein Adler Freeman & Heart LLP