LOS ANGELES, Oct. 3, 2024 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) announces an opening for investors facing significant losses: the chance to spearhead a securities fraud class action lawsuit against Allarity Therapeutics, Inc. (“Allarity” or the “Company”) under the ticker ALLR.

Class Period: May 17, 2022 – July 19, 2024
Lead Plaintiff Deadline: November 12, 2024

Throughout the Class Period, it is alleged that Defendants failed to divulge to investors that they had embellished the Dovitinib NDA’s regulatory outlook. Furthermore, Allarity and certain former officers were purportedly engaged
in inappropriate conduct related to the Dovitinib NDA and/or the Dovitinib-DRP PMA. This misconduct exposed the Company to escalated regulatory and legal risks, along with potential reputational damage. Following revelations of an investigation into its activities, Allarity
trivialized the probability of facing enforcement repercussions from this probe, rendering Defendants’ optimistic portrayals of the Company’s standing as misleading or unfounded.

Investors looking to lead the charge against Allarity in this case are encouraged to provide their contact details at www.glancylaw.com/cases/Allarity-Therapeutics-Inc/. For further information on their rights, they can reach out to Charles H. Linehan of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com.

A historical perspective reveals the importance of transparency and accountability in the realm of finance. Instances of alleged misconduct, harking back to previous eras, serve as powerful reminders of the contentious landscape
investors often navigate. As regulatory scrutiny intensifies across the corporate spectrum, the weight of honesty and integrity in corporate communications becomes ever more pronounced.

It is paramount for investors to stay informed, engaged, and vigilant in upholding ethical standards within the market. By participating in legal actions that call for accountability, investors actively shape a financial ecosystem
founded on trust and reliability.

The investment landscape, akin to a tumultuous sea, demands steady hands at the helm. In navigating the turbulent waters of securities litigation, investors unite to forge a path towards transparency and integrity, thereby securing
the foundations of trust that underpin the financial markets.

For those currently part of the class action or interested in learning more, contacting Charles Linehan, Esquire, of GPM, is a viable course of action. The office
can be reached in Los Angeles at 1925 Century Park East, Suite 2100, or via telephone at 310-201-9150, Toll-Free at 888-773-9224, or through email at shareholders@glancylaw.com.

Engaging in these legal initiatives not only empowers investors but also serves as a testament to the principles of accountability and transparency that form the bedrock of ethical business practices.

As this legal saga unfurls, investors are beckoned to partake in a narrative of justice, integrity, and financial stewardship. By exercising their rights and undertaking a stand for transparency, investors embody the guardians of integrity
in the corporate realm.

For further updates, social media platforms such as LinkedIn, Twitter, and Facebook can be pivotal sources of information.