logo
Windtree Therapeutics Announces Istaroxime Cardiogenic Shock SCAI Stage C Phase 2 Study Planned Interim Analysis Results Targeted for July 2025

Windtree Therapeutics Announces Istaroxime Cardiogenic Shock SCAI Stage C Phase 2 Study Planned Interim Analysis Results Targeted for July 2025

Yahoo22-05-2025
Istaroxime has previously completed two positive Phase 2 studies in SCAI Stage B cardiogenic shock; the SEISMiC C study in SCAI Stage C cardiogenic shock is another step progressing to the istaroxime cardiogenic shock Phase 3 program
WARRINGTON, Pa., May 22, 2025 (GLOBE NEWSWIRE) -- Windtree Therapeutics, Inc. ('Windtree' or the 'Company') (NasdaqCM: WINT), a biotechnology company focused on becoming a revenue-generating company and advancing early and late-stage innovative therapies for critical conditions and diseases, today announced it is targeting the planned interim analysis results for the istaroxime cardiogenic shock SEISMiC SCAI Stage C Phase 2 study (the 'SEISMiC C Study') for July 2025.
The SEISMiC C Study is a global trial including sites in the U.S., Europe and Latin America. It is a placebo-controlled, double-blinded study with istaroxime being added to current standard of care, including inotropes or vasopressors. The effect of istaroxime in addition to these therapies will be assessed for six hours followed by the ability for istaroxime to allow reduction in the other inotropes and vasopressors based on the patient's condition. The primary endpoint of the study is the systolic blood pressure ('SBP') profile over the first six hours of treatment. Other key study measurements include various measures of cardiac function, SBP changes at specified timepoints, the vasopressor-inotrope score, avoidance of progression to SCAI Stage D or E cardiogenic shock and need for mechanical cardiac support, time to treatment failure, arrhythmia assessments, days alive and out of the hospital through day 30, physiologic measures (e.g., cardiac index) and length of stay in the intensive care unit and hospital.
'The interim data from the SEISMiC C Study are very important as we continue to evaluate the profile of istaroxime in more seriously ill patients with cardiogenic shock due to heart failure. The data from the first 20 patients will provide an initial assessment of the ability of istaroxime to show the same kind of physiological impact on top of standard of care to what has been seen in the previous studies in SCAI Stage B cardiogenic shock, as well as the emerging safety profile in this population,' said Dr. Steve Simonson, Chief Medical Officer and Senior Vice President of Windtree Therapeutics. 'Completion of the SEISMiC C Study is an important milestone to move steadily toward Phase 3 with istaroxime in cardiogenic shock.'
About IstaroximeIstaroxime is a first-in-class dual-mechanism therapy designed to improve both systolic and diastolic cardiac function. Istaroxime is a positive inotropic agent that increases myocardial contractility through inhibition of Na+/K+- ATPase with a complimentary mechanism that facilitates myocardial relaxation through activation of the SERCA2a calcium pump on the sarcoplasmic reticulum enhancing calcium reuptake from the cytoplasm. Data from multiple Phase 2 studies in patients with early cardiogenic shock or acute decompensated heart failure demonstrate that istaroxime infused intravenously can significantly improve cardiac function and blood pressure without increasing heart rate or the incidence of clinically significant cardiac rhythm disturbances.
About Windtree Therapeutics, Inc.Windtree Therapeutics, Inc. is a biotechnology company focused on becoming a revenue-generating company and advancing early and late-stage innovative therapies for critical conditions and diseases. Windtree's portfolio of product candidates includes istaroxime, a Phase 2 candidate with SERCA2a activating properties for acute heart failure and associated cardiogenic shock, preclinical SERCA2a activators for heart failure and preclinical precision aPKCi inhibitors that are being developed for potential in rare and broad oncology applications. Windtree also has a licensing business model with partnership out-licenses currently in place.
Forward Looking StatementsThis press release contains statements related to the potential benefits and safety of istaroxime; the clinical development of istaroxime; and our research and development program for treating patients in early cardiogenic shock due to heart failure. Such statements constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. The Company may, in some cases, use terms such as 'predicts,' 'believes,' 'potential,' 'proposed,' 'continue,' 'estimates,' 'anticipates,' 'expects,' 'plans,' 'intends,' 'may,' 'could,' 'might,' 'will,' 'should' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are based on information available to the Company as of the date of this press release and are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from the Company's current expectations. Examples of such risks and uncertainties include, among other things: the Company could lose its deposit on the real estate property discussed above; the Company may fail to acquire such real estate property; the Company's ability to acquire revenue generating subsidiaries; the market's reaction to potential acquisitions by the Company; the Company's ability to secure significant additional capital as and when needed; the Company's ability to achieve the intended benefits of the aPKCi asset acquisition with Varian Biopharmaceuticals, Inc.; the Company's risks and uncertainties associated with the success and advancement of the clinical development programs for istaroxime and the Company's other product candidates, including preclinical oncology candidates; the Company's ability to access the debt or equity markets; the Company's ability to manage costs and execute on its operational and budget plans; the results, cost and timing of the Company's clinical development programs, including any delays to such clinical trials relating to enrollment or site initiation; risks related to technology transfers to contract manufacturers and manufacturing development activities; delays encountered by the Company, contract manufacturers or suppliers in manufacturing drug products, drug substances, and other materials on a timely basis and in sufficient amounts; risks relating to rigorous regulatory requirements, including that: (i) the U.S. Food and Drug Administration or other regulatory authorities may not agree with the Company on matters raised during regulatory reviews, may require significant additional activities, or may not accept or may withhold or delay consideration of applications, or may not approve or may limit approval of the Company's product candidates, and (ii) changes in the national or international political and regulatory environment may make it more difficult to gain regulatory approvals and risks related to the Company's efforts to maintain and protect the patents and licenses related to its product candidates; risks that the Company may never realize the value of its intangible assets and have to incur future impairment charges; risks related to the size and growth potential of the markets for the Company's product candidates, and the Company's ability to service those markets; the Company's ability to develop sales and marketing capabilities, whether alone or with potential future collaborators; the rate and degree of market acceptance of the Company's product candidates, if approved; the impacts of political unrest, including as a result of geopolitical tension, including the conflict between Russia and Ukraine, the People's Republic of China and the Republic of China (Taiwan), and the evolving events in the Middle East, and any sanctions, export controls or other restrictive actions that may be imposed by the United States and/or other countries which could have an adverse impact on the Company's operations, including through disruption in supply chain or access to potential international clinical trial sites, and through disruption, instability and volatility in the global markets, which could have an adverse impact on the Company's ability to access the capital markets. These and other risks are described in the Company's periodic reports, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, filed with or furnished to the Securities and Exchange Commission and available at www.sec.gov. Any forward-looking statements that the Company makes in this press release speak only as of the date of this press release. The Company assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.
Contact Information:Eric Curtisecurtis@windtreetx.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

iTagPro: How iTag Pro Is Reinventing the Bluetooth GPS Tracker Market - Read iTagPro GPS Tracker Report
iTagPro: How iTag Pro Is Reinventing the Bluetooth GPS Tracker Market - Read iTagPro GPS Tracker Report

Yahoo

time34 minutes ago

  • Yahoo

iTagPro: How iTag Pro Is Reinventing the Bluetooth GPS Tracker Market - Read iTagPro GPS Tracker Report

Tracker Report Discover how iTagPro is redefining Bluetooth GPS Trackers in 2025. Read real tech insights, and GPS Tracker performance facts before you buy. iTagPro New York City, NY, Aug. 03, 2025 (GLOBE NEWSWIRE) -- As Bluetooth-enabled location technology becomes essential for modern lifestyles, the iTagPro GPS Tracker is emerging as a market disruptor. Designed to help users locate keys, wallets, luggage, and even pets, iTagPro combines precision GPS tracking with sleek Bluetooth integration. iTagPro isn't just another Bluetooth GPS Tracker—it's shaping the future of personal item security in Is iTagPro? Product Overview & Claims As personal tracking devices continue gaining popularity, iTagPro is positioning itself as a next-generation Bluetooth GPS Tracker tailored for everyday use. Marketed as a compact, smart solution for preventing lost items, iTagPro claims to combine GPS-level precision with Bluetooth convenience—bringing real-time location awareness to your fingertips. On the official iTagPro website, the device is described as a 'reliable GPS Tracker' that offers real-time tracking, geofencing, anti-theft alerts, and Bluetooth + GPS integration. These phrases suggest a robust tracking solution that can monitor keys, wallets, luggage, or pets across wide distances. The device is also advertised with claims of long battery life, ease of use, and compatibility with both iOS and Android smartphones. iTagPro's promotional content emphasizes peace of mind for users who are constantly on the move. Phrases like 'never lose what matters' and 'track in real time' reinforce the perception that the device functions as a full-fledged GPS tracker. The product is also highlighted for its sleek design and app-based controls, which appeal to tech-savvy shoppers looking for a practical, plug-and-play solution. However, while the marketing positions iTagPro as a GPS-enabled tool, deeper technical reviews suggest that it primarily operates via Bluetooth Low Energy (BLE), relying on a user's phone to log location history. Once the Bluetooth connection is lost, the tracking stops—indicating that GPS functionality is not built into the device itself. In short, iTagPro is promoted as a GPS Tracker but functions primarily as a Bluetooth locator. For consumers, this distinction is essential when evaluating whether the product truly meets their tracking needs—or simply offers short-range item-finding convenience dressed in GPS language. View official iTag Pro website for latest best pricing and promotions What Makes iTagPro Different From Other Bluetooth GPS Trackers? As Bluetooth GPS Tracker solutions gain traction in households across the U.S., the iTagPro is carving out its own lane in the market. Promoted as a sleek, compact GPS Tracker, iTagPro distinguishes itself through an app-based interface, item finder alerts, and sleek product design. Unlike conventional Bluetooth trackers such as Tile or AirTag, iTag Pro markets itself with claims of 'GPS-level precision' and wider utility—particularly for those who want more than simple proximity alerts. However, while the branding emphasizes GPS capabilities, it's important to note that the device primarily operates via Bluetooth, not satellite-based GPS tracking. iTagPro's standout feature lies in its visual appeal and accessibility—it doesn't require brand-specific ecosystems like Apple's Find My network, which means it's compatible with both Android and iOS devices. For consumers seeking a universal Bluetooth GPS Tracker, this is a major plus. What also sets iTagPro apart is its aggressive positioning through exclusive 'limited-time' discounts, bundling offers, and promises of extended range—all designed to appeal to both tech novices and frequent travelers. This marketing strategy has certainly helped the product trend in consumer electronics categories. However, reviewers and tech experts have urged shoppers to examine the technical specifications closely. Without real GPS functionality, iTagPro may not meet expectations for long-distance item tracking. In short, iTagPro differentiates itself more in branding than core performance. Its simplicity and compatibility may attract casual users—but for those needing true GPS capabilities, comparisons with higher-end trackers are strongly Setup, Easy Tracking—Visit Official iTagPro Website For More Information Real-World Applications: How iTagPro Helps You Track Everyday Items From misplacing keys to locating your bag at the airport, iTagPro is pitched as an all-purpose solution for keeping tabs on daily essentials. In an increasingly mobile world, Bluetooth GPS Trackers like iTagPro promise users a sense of digital reassurance. But how does it actually perform when put to everyday use? Designed to attach easily to keyrings, wallets, backpacks, or pet collars, iTagPro connects via Bluetooth to its companion mobile app. Once paired, users can use their smartphone to trigger an alert sound from the device or check its 'last known location' on a digital map. This helps recover misplaced items within a Bluetooth range of approximately 30 feet indoors and 100 feet outdoors—assuming no major signal interference. For close-range tracking—like locating your wallet inside the house or a bag left behind in the office—iTagPro performs similarly to competitors like Tile. The app interface is relatively simple, allowing users to see multiple tagged items and monitor signal strength for each one. However, iTagPro does not use cellular towers or satellite GPS for tracking. This makes it less effective for real-time tracking over long distances—such as if you leave your bag in a taxi or your dog runs several blocks away. In those scenarios, iTagPro won't track location in real time once the Bluetooth connection is lost. While the product does serve practical functions within a limited range, it should be seen as a Bluetooth tracker—not a GPS tracker in the traditional sense. Consumers using iTag Pro for casual, short-range recovery of everyday items will find it helpful—but those expecting long-distance GPS tracking will be left disappointed. Never Lose a Thing Again with iTag Pro - Visit official iTagPro website Inside the Tech: How iTagPro Uses Bluetooth & GPS for Seamless Tracking iTagPro is often promoted as a Bluetooth GPS Tracker, but what's under the hood tells a more nuanced story. While the name implies satellite-based navigation, iTagPro operates almost entirely on Bluetooth Low Energy (BLE)—a proximity-based technology, not true GPS. The device pairs with a smartphone app via Bluetooth, using your phone's GPS and data connection—not the tracker's—for location pinpointing. When an item goes missing, the iTagPro app simply shows the last place where your phone was connected to the device. It does not provide continuous location tracking or communicate with satellites independently. In short, there's no onboard GPS chip in the tracker itself. This is a major difference compared to true GPS Trackers like Invoxia or Jiobit, which have built-in GPS modules and SIM cards for cellular connectivity. Bluetooth has limitations. The connection typically holds within 30–100 feet, depending on obstructions and interference. If the tagged item leaves that range, tracking stops until the device is found again. This is suitable for home or office environments but not effective for monitoring children, vehicles, or pets across city blocks. The claim of GPS-level performance is largely a marketing term—the iTag Pro piggybacks on your phone's GPS when within range but offers no real tracking once disconnected. For users who want basic tracking within close proximity, iTagPro works fine. But for seamless GPS tracking, it doesn't deliver on the expectations its branding sets. Knowing this helps consumers distinguish between Bluetooth-based convenience and actual satellite-powered GPS tracking solutions. Never Lose Keys, Bags, or Pets Again—iTagPro Now Available Online How Long Does iTagPro Last? Battery Life and Durability Breakdown For any Bluetooth GPS Tracker to be considered reliable, battery life and hardware durability are critical. iTagPro advertises 'long-lasting performance,' but how well does the device hold up in real-world conditions?According to its official product description, iTagPro is powered by a CR2032 coin cell battery, a standard component in many Bluetooth tracking devices. The brand claims a battery life of up to 6 months, depending on usage and Bluetooth activity. However, this figure is based on ideal conditions—real-world use may shorten lifespan significantly if you're using frequent ring alerts, multiple devices, or constant app battery is replaceable, which is a plus. Users can access the battery by gently prying open the device's casing. Still, there's a catch: the iTagPro casing is not designed for routine opening. It lacks a dedicated battery compartment or simple twist-off cover, so the removal process can feel awkward and risks damaging the plastic terms of durability, iTagPro is lightweight and compact, but not particularly rugged. There's no mention of IP67 or water-resistance certification, making it unsuitable for environments where moisture or drops are common. Users report that while the tracker holds up well on keychains or bags, it's not ideal for pet collars or outdoor gear where wear and tear are iTagPro meets basic expectations for battery life and daily handling, it isn't built for heavy-duty use or rough conditions. The lack of a user-friendly battery replacement method and limited waterproofing may be concerns for long-term line: iTagPro offers decent short-term performance, but buyers looking for year-round resilience and field-tested durability may want to explore more robust Bluetooth or GPS tracker alternatives. Where to Buy iTagPro and How to Get Started iTagPro is currently available for purchase exclusively through its official website, where customers can choose from single or multi-pack offers with limited-time discounts. Each iTagPro unit comes with a small setup guide, and buyers are prompted to download the mobile app from the App Store or Google Play. Pairing the device with your phone is relatively simple: hold the tracker near your phone, launch the app, and follow the on-screen instructions to connect via Bluetooth. The site claims a 'risk-free' guarantee, but customer reviews suggest that refund requests are often delayed or denied. Therefore, if you're purchasing iTagPro, it's advisable to read the refund policy in full and consider using a payment method with buyer protection (such as PayPal or a credit card). As for ongoing costs, there are no monthly fees—a benefit over traditional GPS Trackers that require cellular subscriptions. However, this also underscores that the product is Bluetooth-only and not a true GPS device. To get started, simply visit the official iTagPro website, select your preferred bundle, and complete checkout. Be aware of potential upsells during the checkout process, such as extended warranties or VIP support services, which add to the cost. iTag Pro Setup Experience: How Easy Is It to Connect and Use? For a Bluetooth GPS Tracker to be effective, it must be easy to set up and operate. iTagPro advertises a seamless onboarding experience—and while the process is generally straightforward, user reviews reveal mixed results in real-world purchasing iTagPro from the official website, users are instructed to download the iTagPro app, available on both Android and iOS platforms. The initial steps are simple: enable Bluetooth, open the app, and press the device's power button until it's detected. Once connected, the tracker appears on your dashboard, where you can assign a label (like 'keys' or 'wallet') and begin app's interface is minimalist, with basic functions such as 'ring device,' 'last seen location,' and 'disconnect alert.' For users with multiple iTagPro units, the app allows multi-device tracking, which is ideal for households managing several connection reliability varies. Some users report the pairing process fails unless the tracker is held extremely close to the phone. Others note that the device frequently disconnects—even when still within advertised Bluetooth range. Reconnecting requires closing and reopening the app or restarting Bluetooth the compatibility across iPhone and Android is a strength, the app has received criticism for occasional glitches, slow loading times, and minimal location refresh accuracy. It's also important to understand that location updates depend on your phone's GPS, not the tracker line: iTagPro setup is simple in theory, but may demand patience in practice. Tech-savvy users will find it manageable, but casual buyers expecting instant, long-range GPS tracking may be frustrated by the limited scope of what a Bluetooth-based device can Assessment: Should You Believe the Hype? The iTagPro is promoted as a must-have Bluetooth GPS Tracker, but real-world testing reveals a different story. While it does offer functionality as a Bluetooth-enabled item locator, its claims of GPS-level tracking and extended range are misleading. iTagPro's appeal lies in its simplicity and price-point marketing—but the technology under the hood doesn't match the expectations set by its branding. There is no built-in GPS, no SIM card, and no satellite or cellular tracking. Once the Bluetooth connection is lost, the device offers no way to locate your item unless you return within range. From a consumer protection standpoint, this presents an issue. Many buyers believe they are purchasing a GPS Tracker capable of real-time monitoring across long distances, only to realize the device cannot perform those tasks. Refunds and customer service responses have also been inconsistent, according to independent review sites and user feedback. So, should you believe the hype? That depends on your expectations. If you're looking for a basic Bluetooth tracker to help you locate keys or bags in your home or office, iTag Pro performs adequately. But if you're seeking a GPS Tracker that can track stolen luggage, vehicles, or pets across wide areas, this product falls short. In the end, iTagPro delivers basic tracking but overpromises on its capabilities. It's crucial for journalists, reviewers, and consumers alike to understand the distinction between Bluetooth trackers and actual GPS Trackers—especially when evaluating product claims that blur that line. For more information, educational content, and direct purchasing, visit the official iTagPro website. Contact & Company Info UAB Commerce Core, Savanorių pr. 363, Kaunas, LithuaniaEmail: support@ Order Phone Support: +1 (380) 268-0220 Website: and Disclosures The information presented in this article is for educational and informational purposes only. Every effort has been made to ensure the accuracy of the content at the time of publication; however, errors, omissions, or typographical issues may occur. Readers are encouraged to verify product details, features, and promotional pricing by visiting the official website of the product mentioned. All claims regarding the iTagPro, including those related to durability, health benefits, and maintenance, are based on publicly available information, user testimonials, or manufacturer-provided details. No medical advice is provided or implied. Always consult with a qualified professional before making decisions related to health, safety, or personal technology use. iTagPro is not a medical device and is not designed to prevent emergencies, replace emergency services, or guarantee safety in any circumstance. Use of the product is at the discretion and responsibility of the consumer. Attachment iTagPro CONTACT: Contact & Company Info UAB Commerce Core, Savanorių pr. 363, Kaunas, Lithuania Email: support@ Order Phone Support: +1 (380) 268-0220 Website:

AAPL LEGAL ALERT: Lose Money on Your Apple Inc. Investment? Contact BFA Law by August 19 Class Action Deadline (NASDAQ:AAPL)
AAPL LEGAL ALERT: Lose Money on Your Apple Inc. Investment? Contact BFA Law by August 19 Class Action Deadline (NASDAQ:AAPL)

Business Upturn

time4 hours ago

  • Business Upturn

AAPL LEGAL ALERT: Lose Money on Your Apple Inc. Investment? Contact BFA Law by August 19 Class Action Deadline (NASDAQ:AAPL)

NEW YORK, Aug. 03, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Apple Inc. (NASDAQ: AAPL) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Apple, you are encouraged to obtain additional information by visiting: Investors have until August 19, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Apple securities. The case is pending in the U.S. District Court for the Northern District of California and is captioned Tucker v. Apple Inc., et al. , No. 5:25-cv-05197. Why was Apple Sued for Securities Fraud? Apple is a multinational technology company that engages primarily in the businesses of smart-devices and artificial intelligence ('AI'). Apple's software includes a digital personal assistant called 'Siri,' which was first introduced in October 2011. The complaint alleges that Apple misrepresented Siri's advanced AI-based features as well as its ability to deliver them within the iPhone 16 product cycle. In truth, as alleged, Apple lacked a functional prototype of Siri's purported advanced AI-based features and misrepresented the time it would take to integrate such features into its devices. The Stock Declines as the Truth is Revealed On March 7, 2025, Apple announced it was indefinitely delaying several AI-based Siri features, citing development delays and pushing their release to sometime 'in the coming year.' On this news, the price of Apple stock declined $11.59 per share, or almost 5%, from $239.07 per share on March 7, 2025, to $227.48 per share on March 10, 2025, the following trading day. Then, on June 9, 2025, Apple hosted its Worldwide Developer Conference for 2025. Noticeably, Apple failed to announce any new updates regarding advanced Siri features. Analysts and media outlets described the WWDC as 'underwhelming' and 'disappointing,' with CNN stating that 'it's unlikely that any of the announcements made at Monday's event will change the perception that Apple is behind its competitors in AI.' On this news, the price of Apple stock declined $2.47 per share, or over 1%, from $203.92 on June 6, 2025, to $201.45 per share on June 9, 2025, the following trading day. Click here for more information: What Can You Do? If you invested in Apple you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: Or contact:Ross Shikowitz [email protected] 212.789.3619

FLYW LEGAL ALERT: Lose Money on Your Flywire Corporation Investment? Contact BFA Law by September 23 Class Action Deadline (NASDAQ:FLYW)
FLYW LEGAL ALERT: Lose Money on Your Flywire Corporation Investment? Contact BFA Law by September 23 Class Action Deadline (NASDAQ:FLYW)

Business Upturn

time4 hours ago

  • Business Upturn

FLYW LEGAL ALERT: Lose Money on Your Flywire Corporation Investment? Contact BFA Law by September 23 Class Action Deadline (NASDAQ:FLYW)

NEW YORK, Aug. 03, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Flywire Corporation (NASDAQ: FLYW) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Flywire, you are encouraged to obtain additional information by visiting: Investors have until September 23, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Flywire securities. The case is pending in the U.S. District Court for the Eastern District of New York and is captioned Hickman v. Flywire Corp., et al. , No. 1:25-cv-04110. Why Was Flywire Sued for Securities Fraud? Flywire operates as a payments-enablement, and software company. Its largest client vertical is education, the volumes and revenue from which rely on international enrollments and student school preferences. In and around late 2023 and early 2024, the Canadian and Australian governments began to tighten student visa and permitting rules. Despite these headwinds, Flywire consistently touted the sustainability of its revenue growth and financial condition, while downplaying the negative impacts of permit- and visa-related headwinds on the Company's business. In truth, it is alleged that Flywire overstated the strength and sustainability of its revenue growth while understating the negative impacts that the permit- and visa-related restrictions had and were likely to have on Flywire's business. The Stock Declines as the Truth Is Revealed On February 25, 2025, Flywire announced that its business in the education sector had significantly deteriorated due to worsening permit- and visa-related headwinds, including 'double digit declines in student visa issuance in our big four geographic markets,' with 'continued visa policy restrictions' anticipated in 2025. On this news, the price of Flywire stock declined roughly 37%, from $17.64 per share on February 25, 2025, to $11.05 per share on February 26, 2025. Click here for more information: What Can You Do? If you invested in Flywire you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: Or contact:Ross Shikowitz [email protected] 212.789.3619

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store