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0001892704
IPO filing research

First Breach, Inc.

Ordnance & Accessories, (No Vehicles/Guided Missiles) · FBDT

follow-on trading filed Nasdaq Capital Market S-1

First Breach, Inc. IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: S-1 on 2026-09-02. Current deal snapshot: exchange Nasdaq Capital Market.

Filing Timeline

SEC EDGAR
S-1 filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
First tracked pre-IPO filing for this issuer.
50,000,000 shares · Gross proceeds $50,000,000
Common Stock · Exchange Nasdaq Capital Market · Ticker FBDT · Selling stockholders only · Use of proceeds general corporate purposes · Underwriters Investors
2026-09-02 · 0001493152-26-041268
424B4 priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
First tracked pre-IPO filing for this issuer.
Common · Exchange Nasdaq · Ticker FBDT · Warrants to purchase 507,500 shares of common stock at $8.00 per share · Use of proceeds Working capital and general corporate purposes
First Breach, Inc. operates as a manufacturer of match-grade ammunition components, including brass casings and projectiles, while developing unmanned aerial systems (UAS) through a joint venture with ideaForge Technology Inc. The company reported increased revenue but significant net losses, with operating expenses rising sharply due to stock-based compensation and interest expenses. Financial statements highlight liquidity challenges, including cash reserves of $4.9 million as of June 2026, and ongoing risks from inflation, supply chain disruptions, and geopolitical factors.
2026-08-31 · 0001493152-26-040850
424B4 priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
First tracked pre-IPO filing for this issuer.
70,728,866 shares
Common Stock · Exchange Nasdaq · Selling stockholders only · Use of proceeds Selling stockholders will receive all proceeds from the sale of shares · Flags self_underwritten
First Breach, Inc. filed a 424B4 prospectus supplement, detailing its financial performance for the three months ended March 31, 2026, and the year ended December 31, 2025. Revenue surged 1,595.9% to $266,004 in Q1 2026, driven by product strategy shifts and new equipment, but the company reported a net loss of $14.6M. Operating expenses ballooned due to stock-based compensation and public listing costs. The filing highlights ongoing risks including inflation, supply chain volatility, geopolitical factors, and funding constraints, while noting no further raw material liquidations are planned.
2026-08-20 · 0001493152-26-039415
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows DRS/A and marks the registration effective.
2026-08-12 · 9999999995-26-002634
8-A12B effective
Exchange Act registration
Registration filed to list the securities under the Exchange Act ahead of trading.
Follows DRS and registers the class of securities for exchange listing.
2026-08-12 · 0001493152-26-037275
CERT inactive
CERT
Pre-IPO filing captured from the SEC submission timeline.
First tracked pre-IPO filing for this issuer.
2026-08-12 · 0001354457-26-000780
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
Common Stock · Exchange Nasdaq · Selling stockholders only · Use of proceeds Selling stockholders will receive proceeds from the sale of their shares
First Breach, Inc. is a manufacturer of match-grade ammunition components, including brass cups, casings, and projectiles. The company reported significant revenue growth in Q1 2026 ($266,004) compared to Q1 2025 ($15,685), but faced a substantial net loss of $14.6M. Operating expenses surged due to stock-based compensation and public listing costs. Liquidity challenges persisted, with cash decreasing from $431,378 to $1,227,767. The filing highlights risks including inflation, supply chain vulnerabilities, geopolitical factors, and funding constraints.
2026-08-07 · 0001493152-26-036554
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
70,728,866 shares
Common · Exchange Nasdaq · Ticker FBDT · Selling stockholders only · Use of proceeds Selling stockholders will receive proceeds from the sale of shares
First Breach, Inc. filed an S-1/A registration statement for its IPO, disclosing financial results and operational challenges. The company reported significant revenue growth in Q1 2026 but faced substantial losses due to operational expenses, raw material liquidation, and increased selling, general, and administrative costs. The filing highlights ongoing risks related to inflation, supply chain disruptions, geopolitical factors, and capital constraints.
2026-08-03 · 0001493152-26-035840
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
70,728,866 shares
Common Stock · Exchange Nasdaq Capital Market · Ticker FBDT · Selling stockholders only · Use of proceeds Selling stockholders are reselling shares; no proceeds to the issuer
First Breach, Inc. reported significant revenue growth of 1,595.90% to $266,004 for the three months ended March 31, 2026, driven by strategic product shifts and new inspection equipment. However, the company incurred a net loss of $14.6 million, with operating expenses surging 2,880.63% to $14.1 million. Key financial changes include increased additional paid-in capital and total stockholders' equity, alongside risks from inflation, supply chain vulnerabilities, and funding constraints.
2026-06-12 · 0001493152-26-028434
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
70,728,866 shares
Common Stock · Exchange Nasdaq Capital Market · Ticker FBDT · Selling stockholders only · Use of proceeds Selling stockholders will receive proceeds from the sale of their shares · Underwriters self-underwritten
First Breach, Inc. filed an S-1/A amendment to its IPO registration, reflecting significant financial changes. Revenue surged 1,595.9% to $266,004 for Q1 2026 vs. Q1 2025, attributed to product strategy shifts and new equipment. However, net losses ballooned to $14.6M in Q1 2026 compared to $1.57M in Q1 2025. Operating expenses spiked 2,880.6% to $14.09M, driven by stock-based compensation and public listing costs. Liquidity concerns persist, with cash declining to $1.23M as of March 2026. The filing also details increased share capitalization and warrants/option dilution.
2026-05-27 · 0001493152-26-025360
S-1 filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
Follows DRS/A in the pre-IPO sequence.
Range $1.00 to $8.00 · 45,034,282 shares
common stock · Exchange Nasdaq Capital Market · Ticker FBDT · Selling stockholders only · Use of proceeds Selling stockholders will receive all proceeds from the sale of 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.
2026-04-30 · 0001493152-26-020336
DRS/A amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS filing.
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.
2026-03-20 · 0001493152-26-012002
DRS filed
Draft registration statement
Draft registration filed confidentially before the public launch.
First tracked pre-IPO filing for this issuer.
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.
2025-12-18 · 0001493152-25-028323
Comparable Deals

2 comparable deals

Industrials$50-100MLast 18 months
Only 0 strict matches; expanded to 2 using nearest neighbors.
+32.6%
Median day-1
100%
Above issue
+26.5%
Median week-1
+27.9%
Downside (p10)

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