SAN DIEGO, June  29, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating Starfighters Space, Inc. (NYSE:FJET) on behalf of investors who suffered losses and whether those losses may be recoverable under

FJET

Johnson Fistel Investigates Starfighters Space, Inc. (FJET) After Disclosures Concerning Executive Resignations

Johnson Fistel Investigates Starfighters Space (FJET) After CEO Resignations and Stock Drop

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SAN DIEGO, June  29, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating Starfighters Space, Inc. (NYSE:FJET) on behalf of investors who suffered losses and whether those losses may be recoverable under</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>A securities-investigation firm, Johnson Fistel, is examining Starfighters Space (FJET) for potential federal securities-law violations following February 2026 resignations of founder Rick Svetkoff and his spouse; Tim Franta was appointed CEO. The disclosures triggered a sharp decline in FJET&#039;s stock and raise questions about governance and regulatory compliance. The investigation could influence capital-raising prospects and the stock’s near-term volatility.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Johnson Fistel probes Starfighters Space (FJET) for possible securities violations. Resignations and share drop follow.</li><li>Reg A IPO raised $40M at $3.59; trading began Dec 18, 2025.</li><li>Founder Rick Svetkoff resigned as CEO/director; Brenda Svetkoff also left as secretary.</li><li>Feb 25, 2026 Form 8-K cites disagreements with the Board; Tim Franta named CEO.</li><li>Stock price declined sharply after disclosures; investigation aims to assess securities-law compliance.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Starfighters Space, Inc. (FJET)</strong>: Subject of Johnson Fistel&#039;s securities-law investigation; governance changes and stock-price impact.</li><li><strong>Johnson Fistel, PLLP (N/A)</strong>: Securities-fraud law firm issuing investigation; potential promotional risk; direct market impact unclear.</li></ul>
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  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The article centers on a post-IPO securities inquiry and governance changes, which can influence FJET&#039;s perceived risk and share liquidity.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Regulatory investigation creates overhang on FJET sentiment and liquidity.</li><li>Founder/CEO resignations raise governance and fundraising concerns for Starfighters Space.</li><li>Reg A IPO history suggests potential dilution or capital-raising sensitivity if needs arise.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Reg A IPO raised about $40 million at $3.59 per share.</li><li>Stock began trading on NYSE American Dec 18, 2025.</li><li>Feb 23, 2026: Founder Rick Svetkoff resigned as CEO/Chairman; spouse Brenda resigned as secretary.</li><li>Feb 25, 2026: Form 8-K discloses further resignations; Tim Franta appointed CEO.</li><li>Following disclosures, Starfighters Space stock price declined sharply.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term downside risk for FJET until the investigation clarifies its scope.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>SAN DIEGO, June  29, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating Starfighters Space, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/FJET">FJET</a>) on behalf of investors who suffered losses and whether those losses may be recoverable under federal securities laws.</p>  <p><strong>Starfighters Space Investors: Contact Johnson Fistel</strong><br></br>If you purchased Starfighters Space securities and suffered losses on your investment, you are encouraged to <a href="https://www.globenewswire.com/Tracker?data=fjN2yAMg2aJSz0eD1trKyu3s6nsS1bw8IIs4CNmETPhFiKsalTdb8I-mLvh89WNI-we3p24SXJkUS3i2LOOqLZuJxx89BFIRsw2F_bGN8o7pnuTvT5kNGkb_P03XclkA_lqg6M7JGHjP6Cp6L_e-qxW3EwkG1-fkQRTEU0VWNu6O-SJjc84b3fWwpipotxs0" rel="nofollow" target="_blank"><strong>click here to join the investigation</strong></a><strong>.</strong></p>  <p>For more information, contact Jim Baker at <a href="https://www.globenewswire.com/Tracker?data=RtOlnAYahDlCGo3_f9DoA6iNQv3HQGg0RhzLCr1EIdb6Nupdn8H1nkN8A06kUku0DIye3gdfJ9t_6OQu8fJrH5946vVj7Bs6X6rd5nVMlDw=" rel="nofollow" target="_blank"><u>jimb@johnsonfistel.com</u></a> or (619) 814-4471.</p>  <p>There is no cost or obligation to you.</p>  <p><strong>Background of the Investigation</strong><br></br>Starfighters Space completed its Regulation A initial public offering in December 2025, raising approximately $40 million through the sale of common stock at $3.59 per share. The Company’s common stock began trading on NYSE American under the ticker symbol "FJET" on December 18, 2025.</p>  <p>On February 23, 2026, Starfighters Space announced that founder Rick Svetkoff had resigned as Chief Executive Officer, President, Chairman, and Director. The Company also disclosed that Brenda Svetkoff, Mr. Svetkoff’s spouse, resigned as Company secretary. The Board appointed Tim Franta as Chief Executive Officer.</p>  <p>On February 25, 2026, Starfighters Space filed a Form 8-K disclosing additional information regarding the resignations. According to the filing, Mr. Svetkoff’s resignation letter indicated that his disagreement with the Board and the Company related to the operations, policies, and practices of the Company acting through the Board led to his decision to resign from all officer positions and as a director. The Company further disclosed that Mrs. Svetkoff’s resignation letter similarly indicated that her disagreement with the Board and the Company related to the operations, policies, and practices of the Company acting through the Board led to her decision to resign as secretary. Starfighters stated that it "respectfully disagrees with the substance of and the assertions and characterizations that are contained in the resignation letters."</p>  <p>Following these disclosures, Starfighters Space’s stock price declined sharply.</p>  <p>In light of these disclosures, Johnson Fistel is investigating whether Starfighters Space complied with federal securities laws. If you suffered losses, or are a long-term holder of Starfighters Space stock, contact Johnson Fistel.</p>  <p><strong>About Johnson Fistel, PLLP &#x7C; Securities Fraud &amp; Investor Rights</strong><br></br>Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder litigation involving securities fraud, breaches of fiduciary duties, and other violations of state and federal law.</p>  <p>Johnson Fistel has been recognized as one of the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. In 2024, the firm recovered approximately $90,725,000 for investors.</p>  <p>Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. This press release may be considered a promotional communication. The attorney responsible for this communication is Frank J. Johnson.</p>  <p><strong>Contact</strong><br></br>Johnson Fistel, PLLP<br></br>501 W. Broadway, Suite 800<br></br>San Diego, CA 92101<br></br>James Baker, Investor Relations – or – Frank J. Johnson, Esq.<br></br>(619) 814-4471<br></br><a href="https://www.globenewswire.com/Tracker?data=RtOlnAYahDlCGo3_f9DoA6iNQv3HQGg0RhzLCr1EIda13MMZdmit4v9IENWXdLqNpeDogD7Y6_RuRUJaHjceQl8iJv8iH5Rx3i9M-_NUVKI=" rel="nofollow" target="_blank"><u>jimb@johnsonfistel.com</u></a> &#x7C; <a href="https://www.globenewswire.com/Tracker?data=VLv5e1I5kBqAAizvQGuNyBfRWG6W4WZtwG1gLbnMYrJWW6LNwGIuQSUT15uvjUYlHQzN-by5RTWINr-S7MQLv5ZkGP4Mb1ZDydWmkM0rekBrdOfjlQMdJuXFJpa96zuC" rel="nofollow" target="_blank"><u>fjohnson@johnsonfistel.com</u></a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc1NDAwNyM3NjU1NDM1IzIxODE3ODk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ODE2OGI5ZjUtZDRjMC00MWJmLTgxZjQtNDI4NTRkZjBhYmMzLTExOTMzNTgtMjAyNi0wNi0yOS1lbg==/tiny/Johnson-Fistel-PLLP.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c"><img src="https://ml.globenewswire.com/media/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c/small/johnson-fistel-jpg.jpg" border="0" width="150" height="150" alt="Primary Logo"></img></a></p>

A securities-investigation firm, Johnson Fistel, is examining Starfighters Space (FJET) for potential federal securities-law violations following February 2026 resignations of founder Rick Svetkoff and his spouse; Tim Franta was appointed CEO. The disclosures triggered a sharp decline in FJET's stock and raise questions about governance and regulatory compliance. The investigation could influence capital-raising prospects and the stock’s near-term volatility.

Johnson Fistel Investigates Starfighters Space, Inc. (FJET) After Disclosures Concerning Executive Resignations

AI Summary

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

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