First Breach, Inc. (FBDT) SEC Filings

First Breach, Inc. President, COO and director Jordan Zachary Low reported the disposition of 4,000,000 shares on September 28, 2026, under an agreement with the company to rescind in full a restricted stock award made January 23, 2026. The rescission was ab initio, and no consideration was paid or promised to either party. Low directly held 1,762,400 shares following the transaction.

First Breach, Inc. CEO and director Jeffrey Irwin Low reported a disposition of 6,000,000 common shares on September 28, 2026, through rescission ab initio of a restricted stock award. The award, made January 23, 2026, was rescinded in its entirety under an agreement between Low and the issuer; no consideration was paid or promised to either party to induce assent. Low reported direct holdings of 14,607,100 shares following the transaction.

First Breach, Inc. (FBDT) completed the first untethered flight of its proprietary drone prototype, demonstrating operation of the airframe, propulsion and core vehicle systems in free flight without a physical tether. The aircraft used commercial flight electronics.

Its proprietary flight controller, engineered under the strategic agreement with Hellbender, is operating with Betaflight as a separate development stage; integration into the aircraft and combined-system flight testing are next. First Breach targets completion of initial prototypes in the fourth quarter of 2026 and production scaling in the second quarter of 2027. It targets capacity of more than 2,500 drones per week, with expansion timing and pace subject to development, testing and manufacturing readiness.

The current four-rotor Class 1 proof-of-concept has an all-up weight of approximately 2.2 kg and payload capacity of roughly 500 g; its demonstrated effective range is 2 km and endurance approximately 10 minutes. These specifications are subject to change ahead of production. First Breach owns the drone platforms and associated intellectual property and controls manufacturing and commercialization; Hellbender provides engineering, design, technical support and component manufacturing.

First Breach, Inc. (FBDT) disclosed an initial statement of beneficial ownership for director Williams Denean Rueben. The filing reports 382,934 shares of Common Stock held indirectly through WF Future LLC, with no specific purchase or sale transaction reported in this Form 3.

First Breach, Inc. (FBDT) reported that its Chief Revenue Officer, Charles Kenneth Leith, purchased 50,000 shares of common stock on September 18, 2026 in an open market or private transaction. The weighted average purchase price was $0.9066 per share, with prices ranging from $0.9012 to $0.9106 per share. Following this transaction, he directly holds 218,506 common shares. No Rule 10b5-1 trading plan is reported.

First Breach, Inc. (FBDT) reported that Jordan Zachary Low, its President and Chief Operating Officer and a director, purchased 140,000 shares of common stock on September 11, 2026 in an open-market or private transaction at a weighted average price of $0.6726 per share, with prices ranging from $0.6438 to $0.69 per share. Following this transaction, he directly holds 5,762,400 common shares, and no Rule 10b5-1 trading plan is reported for this purchase.

First Breach Inc. (FBDT) filed a resale prospectus registering 50,887,472 shares of common stock, including 887,472 shares issued to Dawson James Securities and up to 50,000,000 shares issuable under a $50 million equity line of credit (the ELOC) with institutional investors. The company will not receive proceeds from selling stockholders’ resales but may, at its discretion, sell ELOC Shares to the Investors over 36 months at discounts of 3% or 1% to market prices and use up to $50 million in gross proceeds for general corporate purposes.

First Breach manufactures ammunition and components and is developing unmanned aerial systems through a joint venture with ideaForge and a services agreement with Hellbender. Financially, it reported net revenue of $361,357 and a net loss of $28.5 million for the six months ended June 30, 2026, driven largely by $22.0 million of non‑cash stock-based compensation and higher expenses. As of June 30, 2026, cash was $4.9 million and the working capital deficit was $8.2 million; management states that recurring losses and limited cash raise substantial doubt about the company’s ability to continue as a going concern, and it expects to rely on additional debt or equity financing, including the ELOC.

First Breach, Inc. (FBDT) reported that Lawrence Alan Meyer has become a reporting person as a director, as disclosed in an initial Statement of Beneficial Ownership on Form 3. The filing lists no current holdings of either non-derivative or derivative securities of First Breach, Inc. for Meyer.