ATLANTA, GA - 
(NewMediaWire) - March 12, 2024 - Holzer & Holzer, LLC is investigating whether Blade Air Mobility, Inc. (“Blade” or the “Company”) (NASDAQ: BLDE) complied with federal securities laws. On March 12, 2024, Blade reported financial results for the fourth quarter ended December 31, 2023. Blade’s CFO discussed the results, stating “[d]espite the solid growth this quarter, Europe is performing below our original acquisition expectations. As such, we took a non-cash impairment charge on the intangible assets associated with our asset-light aircraft operator agreement.” Following this news, the Company’s stock price declined.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
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