LUNA Overview

Current Altcoin Performance: Investing in the top 20 altcoins from 2021 would have resulted in a 30% loss today, with 15 out of 20 altcoins worth less than four years ago, despite a general recovery in the cryptocurrency market.

Factors Influencing Altcoin Value: Only five altcoins have gained value since September 2021, largely due to regulatory changes and institutional investments, while many others face challenges such as technical issues and increased competition.

Future of Altcoins: The likelihood of another altcoin season is low, as the market matures and institutional money flows into more established cryptocurrencies, though there may be opportunities for quality projects driven by potential altcoin ETF approvals.

Investment Caution: Cryptocurrency remains a high-risk investment, especially with less established altcoins, and investors are advised to diversify their portfolios and consider the potential for failure in even popular projects.

Investigation of Luna Innovation: Bragar Eagel & Squire, P.C. is investigating potential claims against Luna Innovation, Inc. following a class action lawsuit alleging that the company made false statements regarding its financial health and lacked adequate internal controls during the specified Class Period.

Call for Stockholder Participation: Long-term stockholders of Luna Innovation are encouraged to reach out to the law firm for more information or to discuss their rights related to the ongoing investigation, with no cost or obligation involved.

Investigation of Luna Innovations: Pomerantz LLP is investigating potential securities fraud and unlawful business practices by Luna Innovations Incorporated, following the company's announcement of its inability to meet SEC filing deadlines, leading to a suspension of trading and expected delisting from Nasdaq.

Impact on Stock Price: The news regarding Luna Innovations resulted in a significant drop in the company's stock price during intraday trading on January 6, 2025.

Investigation into Luna Innovations: Pomerantz LLP is investigating potential securities fraud or unlawful practices by Luna Innovations and its officers, following the company's announcement of impending delisting from Nasdaq due to failure to meet filing deadlines.

Impact on Stock Price: The announcement led to a significant drop in Luna Innovations' stock price during intraday trading on January 6, 2025.

Company Delisting Announcement: Luna Innovations plans to voluntarily accelerate its delisting from Nasdaq and deregister its common stock, citing the need to reduce administrative burdens and redirect resources towards business operations.

Financial Performance Update: Despite challenges in early 2024, Luna expects significant growth in bookings and revenue for the second half of the year, with preliminary estimates indicating bookings between $125 million and $130 million and revenue between $110 million and $115 million.