---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-049110"
form_type: "8-K"
ticker: "FBDT"
cik: "0001892704"
company_name: "First Breach, Inc."
filed_at: "2026-10-28T21:26:26+00:00"
generated_at: "2026-10-28T21:28:05.122220+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# First Breach ends ideaForge JV, dropping $25M obligation; LRS drone completes first test flight

## Summary
- JV with ideaForge Technology terminated effective Oct. 26, 2026; First Breach no longer owes up to $25.0M capital contribution, including a $10.0M tranche due Dec. 31, 2026.
- No early termination penalties incurred; each party released the other from claims, with confidentiality, governing law and dispute resolution terms surviving.
- Company says it will continue manufacturing unmanned aerial systems in its own factory and advance its UAS program with Hellbender, Inc.
- Long Range Strike platform completed its first test flight: Class 1, under 9 kg, >20 km range, ~1 kg payload, ~120 km/h, joining the Close Quarters Strike in flight testing.
- LRS calls for 100% non-Chinese sourcing of battery, motors, power electronics, flight control, flight computer and vision guidance; scaled production targeted for Q2 2027.

## SEC filing metadata
- accession: 0001493152-26-049110
- form_type: 8-K
- ticker: FBDT
- cik: 0001892704
- company_name: First Breach, Inc.
- filed_at: 2026-10-28T21:26:26+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892704/000149315226049110/0001493152-26-049110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892704/000149315226049110/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-049110
- JSON: https://secwatch.observer/filing/0001493152-26-049110.json
- Plain text: https://secwatch.observer/filing/0001493152-26-049110.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.