INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Butterfly Network, Inc. f/k/a Longview Acquisition Corp. (BFLY) on Behalf of Investors

Law Offices of Howard G. Smith announces an investigation on behalf of Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a Longview Acquisition Corp. (“Longview”) (NYSE: BFLY) investors concerning the Company’s possible violations of federal securities laws.

On February 16, 2021, Longview completed its Merger with Butterfly.

Then on November 15, 2021, Butterfly released its third quarter 2021 financial results, revealing that the Company’s total gross margin for the quarter was negative 35% and that it expected its fiscal 2021 revenue to be as much as $20 million below its initial guidance of $76 to $80 million. Butterfly’s CEO blamed the disappointing financial results on “healthcare logistical challenges, and doctor, nurse, and medical technician fatigue concurrent with COVID conditions and it's broad consequences.”

On this news, Butterfly’s stock fell $1.08, or 12.6%, to close at $7.52 per share on November 15, 2021, thereby injuring investors.

If you purchased Butterfly securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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