First Breach, Inc.

S-1 filed

Range $1.00 to $8.00 · 45,034,282 shares

First Breach, Inc. is registering 45,034,282 shares of common stock for resale via a direct listing on Nasdaq, bypassing traditional underwriting. The offering involves existing shareholders selling shares without company proceeds, with trading commencing via Nasdaq's Current Reference Price mechanism. The company highlights risks including market volatility, lack of prior public trading, and uncertainty around Nasdaq approval.

DRS/A amended

First Breach, Inc. has filed an amended draft registration statement (DRS/A) for a direct listing on Nasdaq, transitioning from a previous DRS filing. The offering involves resale of up to [●] shares of common stock by existing stockholders, with no underwriting. The company emphasizes the novel nature of its direct listing, highlighting risks related to market volatility, lack of prior public trading, and conditional Nasdaq approval. The filing outlines the price-setting mechanism involving Nasdaq's Current Reference Price and the role of financial advisor RBW Capital Partners LLC.

DRS filed

First Breach, Inc. has filed a confidential Draft Registration Statement (DRS) for a direct listing on the Nasdaq Capital Market, bypassing a traditional IPO. The filing outlines the resale of up to [●] shares of common stock by existing shareholders, with no underwriters involved. The company emphasizes the speculative nature of the investment, noting the lack of a public market for its shares and potential volatility due to the direct listing structure. The offering is contingent on Nasdaq approval, and the company has not yet received regulatory clearance.