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.

If you purchased Blade stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at  cholzer@holzerlaw.com  or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at https://holzerlaw.com/case/blade/ discuss your legal rights.