Welcome to our dedicated page for First Breach SEC filings (Ticker: FBDT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on First Breach's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into First Breach's regulatory disclosures and financial reporting.
First Breach Inc. (FBDT) is registering the resale of up to 70,728,866 shares of common stock in connection with a direct listing on the Nasdaq Capital Market. This includes 45,034,282 existing shares (about 99.88% of shares outstanding as of August 7, 2026), 10,000,000 shares from RSUs, 14,733,046 from options, and 961,538 from May 2026 Notes convertible at $8.00 per share. The company states it will not receive proceeds from any resale by registered stockholders.
First Breach manufactures ammunition and components for commercial, law-enforcement and military markets, and is expanding into defense drone platforms via a joint venture with ideaForge and a services agreement with Hellbender, Inc. Financially, it is early-stage with modest net revenues of $266,004 for the quarter ended March 31, 2026 and a net loss of $14,646,955, following a 2025 net loss of $13,822,121. Cash was $1,414,608 and working capital was negative as of March 31, 2026, and management discloses substantial doubt about its ability to continue as a going concern.
The listing depends on Nasdaq approval; without approval, the direct listing will not be completed. First Breach qualifies as an emerging growth company and a smaller reporting company, allowing reduced disclosure and delayed adoption of new accounting standards.