Company Description
FBC Holding, Inc. (FBCD) is a diversified holding company focused on acquiring, developing, and scaling emerging consumer brands in fashion, retail, lifestyle, wellness, and related high-growth categories. The company is associated with the apparel retail and consumer cyclical sector and trades on the OTC market under the symbol FBCD.
According to multiple company press releases, FBC Holding, Inc. operates as the parent company of Formrunner Apparel Inc., a premium streetwear and cultural fashion house based in Arizona. Through Formrunner Apparel, FBCD is active in the high-end and limited-edition streetwear market, emphasizing culture, youth-driven fashion, and community engagement. Formrunner Apparel is described as a limited-edition streetwear label rooted in authenticity, culture, and exclusivity.
Business Model and Brand Portfolio
FBC Holding, Inc. presents itself as a holding company that acquires and scales emerging consumer brands. In its own descriptions, FBCD highlights a focus on fashion, retail, lifestyle, wellness, adaptogens, supplements, and consumer lifestyle products. The company states that it is committed to acquiring, scaling, and empowering emerging consumer brands and to identifying brands in high-growth industries.
The company’s flagship fashion asset is Formrunner Apparel Inc. FBCD describes Formrunner as a premium streetwear and cultural fashion house with both physical and digital footprints. Formrunner Apparel is characterized by limited-edition drops, bold graphics, and a no-restock model, with an emphasis on culture-forward designs and youth culture. The company positions Formrunner as a brand that connects fashion, music, sports, and street culture.
Retail Operations and Studio 22
Through its wholly owned subsidiary Formrunner Apparel Inc., FBC Holding, Inc. operates Studio 22, which the company describes as a curated retail experience and cultural flagship. Press releases state that Studio 22 functions as a physical expression of the brand and culture, serving as an experiential hub for streetwear fans and a destination for creators, artists, and tastemakers.
FBCD has announced the opening of two premium retail locations in Arizona, at Chandler Fashion Center in Chandler and SanTan Village in Gilbert. These locations feature Formrunner Apparel alongside the Studio 22 boutique concept. The company describes Studio 22 as offering a curated mix of sought-after streetwear brands, Arizona-based labels, vintage t-shirts, custom jewelry, headwear, and seasonal drops. FBCD emphasizes that these retail spaces are intended to function as cultural destinations and community incubators rather than traditional retail stores.
Streetwear and Cultural Positioning
In its communications, FBC Holding, Inc. consistently frames its strategy around streetwear, youth culture, and cultural relevance. The company notes that Formrunner Apparel is gaining traction in the national streetwear scene and that its collections have generated momentum among influencers, stylists, and fashion-forward consumers. FBCD has reported organic interest in Formrunner Apparel from professional athletes, including players from a major Arizona football team, and has highlighted in-store purchases at Studio 22 as evidence of brand resonance.
FBCD also reports that it is pursuing collaborations with NFL athletes, music artists, and other fashion brands on exclusive streetwear collections and co-branded capsule drops. These collaborations are described as aligning with the brand’s DNA and as a way to build cultural buzz and strengthen brand equity.
Expansion Into Wellness and Functional Mushrooms
In a later press release, FBC Holding, Inc. announced the acquisition of Mushroom Madness, described by the company as a rapidly expanding wellness brand specializing in vegan, adaptogen-infused mushroom formulations. The company states that Mushroom Madness produces premium functional mushroom supplements using vegan, cruelty-free, high-quality adaptogens aimed at supporting energy, cognitive focus, stress relief, and immune health.
FBCD characterizes this acquisition as a key step in its expansion into high-growth consumer wellness markets, including wellness, adaptogens, supplements, and consumer lifestyle products. The company notes that it is incorporated in Oregon and highlights Oregon’s regulatory environment for therapeutic mushrooms as a strategic factor for potential product innovation, wholesale licensing, clinical collaborations, and other mushroom-related opportunities.
Digital Initiatives and Crypt Keeper
FBC Holding, Inc. has also announced activity in the digital asset and cryptocurrency space. The company formed a subsidiary called Crypt Keeper App Inc. and described the Crypt Keeper iOS app as a cryptocurrency wallet and virtual wallet platform. In its press releases, FBCD states that Crypt Keeper is intended to help users manage, secure, and interact with digital assets, with features such as multi-chain support, integration with blockchain networks, and a focus on security and user experience. These descriptions position Crypt Keeper as part of FBCD’s interest in the broader digital economy and cryptocurrency adoption.
Community Engagement and Events
FBC Holding, Inc. and Formrunner Apparel have highlighted several initiatives that connect the brand to community and culture. The company announced a music festival hosted through Formrunner Apparel, featuring musicians and streetwear vendors, and noted that proceeds would go toward teen driving safety. FBCD has also publicized a donation initiative in which a portion of sales from Formrunner Apparel items at Studio 22 would be directed to the Kerr County Flood Relief Fund in response to flooding in Texas.
These activities are presented by the company as part of a broader mission to build brands that lead with purpose, impact, and cultural relevance, tying product launches and collections to philanthropic or community-focused efforts.
Strategic Collaborations and Growth Plans
Across multiple communications, FBC Holding, Inc. outlines a strategy that includes:
- Developing Formrunner Apparel as a premium streetwear and cultural fashion house with limited-edition collections and capsule pieces.
- Operating Studio 22 as a curated retail and experiential environment featuring in-house and third-party brands.
- Pursuing collaborations with athletes, artists, and other fashion labels on co-branded collections.
- Exploring expansion of product categories, including hats and headwear under the Formrunner brand.
- Considering additional retail locations beyond its existing Arizona footprint.
- Expanding into wellness and functional mushroom products through the acquisition of Mushroom Madness.
- Developing the Crypt Keeper app and related cryptocurrency wallet services through Crypt Keeper App Inc.
In its own words, FBCD describes its approach as building a fashion and lifestyle platform rooted in authenticity, community, and culture, with both physical and digital channels.
Geographic Footprint
FBC Holding, Inc. references Scottsdale, Arizona in multiple press releases as a location associated with the company and identifies Formrunner Apparel and Studio 22 as based in Arizona. The company also notes that it is incorporated in Oregon, which it cites as relevant to its mushroom wellness strategy. Through these disclosures, FBCD presents a combination of operational presence in Arizona and corporate incorporation in Oregon.
Investor-Oriented Positioning
In its shareholder communications, FBC Holding, Inc. emphasizes the growth of the global streetwear market and the expansion of the functional mushroom and wellness sectors. The company positions itself as seeking to participate in these markets through its brand portfolio, retail operations, collaborations, and wellness initiatives. It also highlights the role of Studio 22 and Formrunner Apparel in generating retail revenue and building brand equity.
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No SEC filings available for Fbc Holding.