SAN DIEGO, June  17, 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

Starfighters Space (FJET) Investigation: Investors Who Suffered Losses Encouraged to Contact Johnson Fistel

Johnson Fistel probes Starfighters Space; creates near-term headwind for FJET

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SAN DIEGO, June  17, 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>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>A law-firm investigation into Starfighters Space (FJET) for possible securities-law violations was disclosed amid February 2026 leadership changes. The Dec 2025 Regulation A IPO raised about $40 million at $3.59, with trading beginning Dec 18, 2025. Ongoing disclosures and potential enforcement risk could add near-term volatility for FJET.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Johnson Fistel investigates Starfighters Space (FJET) for potential securities-law violations.</li><li>Starfighters Space IPO raised about $40 million in December 2025 at $3.59 per share.</li><li>February 2026: Founder Rick Svetkoff resigns as CEO/Chairman; Tim Franta appointed CEO.</li><li>8-K disclosures cite disagreements with the Board; stock declined sharply after.</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 the investigation; leadership changes and disclosures have driven recent price action and may affect future disclosures and compliance risk.</li><li><strong>Johnson Fistel, PLLP (N/A)</strong>: Plaintiff-law firm leading the investigation; PR emphasizes investor rights and potential recoveries; no guaranteed outcomes.</li><li><strong>Rick Svetkoff (N/A)</strong>: Founder; resigned from CEO/Chairman/Director roles amid disputes with the Board; governance implications for Starfighters Space.</li><li><strong>Brenda Svetkoff (N/A)</strong>: Resigned as company secretary; cited disagreements with Board; adds to governance and control concerns.</li><li><strong>Tim Franta (N/A)</strong>: Appointed CEO following resignations; potential strategic shift and execution risk.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The piece centers on a securities-law investigation initiated by a prominent plaintiff firm and linked governance changes at a micro-cap SPAC, implying potential litigation or settlements could affect FJET&#039;s valuation and liquidity.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Johnson Fistel&#039;s investigation could drive near-term FJET volatility.</li><li>Founder/secretary resignations raise governance concerns for Starfighters Space.</li><li>IPO details and subsequent price decline provide context for risk.</li><li>Investors should weigh potential legal costs or settlements against upside.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Regulation A IPO completed December 2025; raised approximately $40 million.</li><li>Common stock priced at $3.59 per share in the offering.</li><li>FJET began trading on NYSE American on December 18, 2025.</li><li>February 23, 2026: Founder Rick Svetkoff resigned as CEO, President, Chairman, and Director; Tim Franta named CEO.</li><li>February 25, 2026: Form 8-K disclosed additional information on resignations; governance concerns noted.</li><li>Stock price declined sharply following these disclosures.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bearish near-term bias for FJET as the legal inquiry unfolds; monitor material updates over 1–3 months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>SAN DIEGO, June  17, 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: Suffered Losses? 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=3u23na4ZRs7A48tVK8c06Ib8PlkGwr_2eCN1ZjrQ0NGBLy_AiDVGg5540fYi3fmPWju4l2jGaSFDSlJ3hlUc7CMc1JHhjbnCgV5r1LoDRGhVZ1mumjVXFk_d-pXh0KaZWufeSaYDiDuFe7TI3bsw-7vnIkYsLYLqRETNOioDRuOQDMj0WawaBcs6sSppsL2U" 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=H8vkwX2eBiDVaKqiCFnOoI2Wa9S-rmL5vIqyNzIUymqfL4tdDwIUwjCaoXJVbPBuVlA2dBnIu_R4l1jSKcIUb9CjXFiFbmBtVYryES71lDQ=" 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>Why Is Johnson Fistel Investigating Starfighters Space?</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=H8vkwX2eBiDVaKqiCFnOoI2Wa9S-rmL5vIqyNzIUympcrXBIYGcVgyH2UTvPzat_-QTiCvEOIjL1JlbwO9_Ycn1AhN58S6RGsBzCbybgASw=" rel="nofollow" target="_blank"><u>jimb@johnsonfistel.com</u></a> &#x7C; <a href="https://www.globenewswire.com/Tracker?data=KVZO0OwEJaYHhVuiobhevQpn8T1Hlcp3WW5Hl7t-j83Bg4wKKFFwOhIqN0w2RmbSIeQdhoP4FX6ndMwFzbl_U1j0jcn1NlzIAO2-pBxWmRWjWoZOU7ONCi79mQGg6kAl" rel="nofollow" target="_blank"><u>fjohnson@johnsonfistel.com</u></a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc0ODYyMyM3NjY2NDIwIzIxODE3ODk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZjlhYTI1NjUtMzAxOS00NTA4LThiZWEtYjc5YWQ0MjZlODI4LTExOTMzNTgtMjAyNi0wNi0xNy1lbg==/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 law-firm investigation into Starfighters Space (FJET) for possible securities-law violations was disclosed amid February 2026 leadership changes. The Dec 2025 Regulation A IPO raised about $40 million at $3.59, with trading beginning Dec 18, 2025. Ongoing disclosures and potential enforcement risk could add near-term volatility for FJET.

Starfighters Space (FJET) Investigation: Investors Who Suffered Losses Encouraged to Contact Johnson Fistel

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Legal

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