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Investigaiton announced for Investors in Redwire Corporation (NYSE: RDW) shares

11-15-2021 06:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Redwire Corporation (NYSE: RDW) shares over potential securities laws violations by Redwire Corp

An investigation for investors in Redwire Corporation (NYSE: RDW) shares over potential securities laws violations by Redwire Corp

An investigation was announced concerning possible violations of securities laws by Redwire Corporation in connection with certain financial statements.

Investors who purchased shares of Redwire Corporation (NYSE: RDW), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Redwire Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Jacksonville, FL based Redwire Corporation, a space infrastructure company, develops, manufactures, and sells mission critical space solutions and components for national security, civil, and commercial markets in the United States and internationally.

Shares of Redwire Corporation (NYSE: RDW) began trading in September 2021 through a merger with a special purpose acquisition company.

On November 9, 2021, Redwire Corporation announced that it would reschedule its earnings announcement for the third quarter ended September 30, 2021, which had been previously scheduled for November 10, 2021. An employee notified Redwire management of potential accounting issues with a business subunit. The Company's Audit Committee has commenced an independent investigation.

Shares of Redwire Corporation (NYSE: RDW) declined from $13.79 per share on November 4, 2021, to $9.93 per share on November 10, 2021.

Those who purchased shares of Redwire Corporation (NYSE: RDW) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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