Investigation Launched into Maravai LifeSciences Following Earnings Delay

The Law Offices of Howard G. Smith has announced an investigation on behalf of Maravai LifeSciences Holdings, Inc. (“Maravai” or the “Company”) MRVI investors regarding potential violations of federal securities laws.

Were You Affected by Maravai’s Recent Financial Disclosure?

If you are an investor who endured losses with Maravai LifeSciences Holdings, Inc. (MRVI), reach out to the Law Offices of Howard G. Smith to explore potential claims for recovery.

You can contact the Law Offices of Howard G. Smith by email at howardsmith@howardsmithlaw.com, by phone at (215) 638-4847, or visit our website at www.howardsmithlaw.com.

What Is the Situation?

On February 25, 2025, Maravai announced it would delay its earnings release and could not submit its annual financial report on schedule. The company cited the need for more time to address a potential non-cash impairment charge related to goodwill from its past acquisition of Alphazyme LLC. Additionally, Maravai needed to review an error that incorrectly recorded about $3.9 million in revenue during the last week of the second quarter of 2024 instead of the first week of the following quarter.

This news significantly impacted investors, as Maravai’s stock price dropped by $0.87, or 21.7%, closing at $3.14 per share on the same day.

How to Get Involved or Find Out More:

Investors who bought Maravai securities, have relevant information, or want to know more about these claims should get in touch:

Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20250225986041/en/

Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com