Aether Holdings, Inc. | Johnson Fistel

Aether Holdings, Inc. Shareholders Are Encouraged to Contact Johnson Fistel for More Information About Potentially Recovering Their Losses

Johnson Fistel, PLLP is investigating whether Aether Holdings, Inc. (NASDAQ: ATHR) or certain of its executive officers violated state or federal securities laws. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.

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Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.

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Background of the Investigation

Aether completed its initial public offering in April 2025, selling 1,800,000 shares of common stock at $4.30 per share and generating gross proceeds of approximately $7.74 million. The Company’s shares began trading on the Nasdaq Capital Market under the ticker symbol “ATHR” on April 10, 2025.

On July 23, 2025, BMF Reports published a short report concerning Aether Holdings titled “Paper Empire: Nasdaq ($ATHR) The Fraudulent Foundations of Aether Holdings.” The report alleged that Aether was built on “fake filings, insider enrichment, and outright deception.” Among other things, BMF Reports alleged that Aether’s Chief Executive Officer sold shares during the IPO lock-up period through an undisclosed shell, that a FINRA-barred broker was involved with the Company, that the Company’s auditor had a 100% deficiency rate in its 2023 PCAOB inspection, and that Aether had less than $3,000 in net property and equipment. BMF Reports concluded: “This isn’t a business — it’s a blueprint for a pump-and-dump.”

The report also questioned Aether’s July 2025 announcement that it had acquired AltcoinInvesting.co, which Aether described as a Web3 media brand. BMF Reports alleged that the acquired site had minimal traffic, no active newsletter, podcast, or content cadence, and no visible monetization or customer funnel.

In light of these allegations, Johnson Fistel is investigating whether Aether Holdings complied with state and federal laws, including the federal securities laws. If you suffered losses, or are a long-term holder of Aether Holdings stock, contact Johnson Fistel.

About Johnson Fistel, PLLP | Securities Fraud & Investor Rights

Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder litigation involving securities fraud, breaches of fiduciary duties, and other violations of state and federal law.

Johnson Fistel has been recognized as one of the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. In 2024, the firm recovered approximately $90,725,000 for investors.

Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. This press release may be considered a promotional communication. The attorney responsible for this communication is Frank J. Johnson.

Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800
San Diego, CA 92101
James Baker, Investor Relations – or – Frank J. Johnson, Esq.
(619) 814-4471
jimb@johnsonfistel.com | fjohnson@johnsonfistel.com