{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-000504","form_type":"8-K","ticker":"CBDW","cik":"0001877461","company_name":"1606 CORP.","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.310078+00:00","generated_at":"2026-06-20T11:03:06.764537+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"1606 Corp expands board to four; appoints two independent directors and CEO's son","bullets":["On Jan 20, 2023, CEO Greg Lambrecht appointed Govindan Gowrishankar and Venu Aravamudan as independent directors.","Austen Lambrecht (CEO's son) also appointed as director; board now has four members.","Austen Lambrecht has been VP of Operations since June 2021; no compensation for directors at this time.","Gowrishankar (57) has experience in SaaS, mobile, e-commerce; Aravamudan (58) has 30+ yrs in software engineering and cloud.","No reportable transactions under Item 404(a) for new directors."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-000504","json":"https://secwatch.observer/filing/0001477932-23-000504.json","markdown":"https://secwatch.observer/filing/0001477932-23-000504.md","text":"https://secwatch.observer/filing/0001477932-23-000504.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877461/000147793223000504/0001477932-23-000504-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877461/000147793223000504/onesix_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T11:03:06.764537+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"07ecfc2a77","claim":"Venu Aravamudan was appointed as Director at 1606 CORP..","evidence_excerpt":"On January 20, 2023, Mr. Lambrecht, the sole Board member appointed pursuant to the Company’s bylaws, Mr. Govindan Gowrishankar and Mr. Venu Aravamudan, as independent members of the Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1877461/000147793223000504/0001477932-23-000504-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"451a5d7b5d","claim":"Govindan Gowrishankar was appointed as Director at 1606 CORP..","evidence_excerpt":"On January 20, 2023, Mr. Lambrecht, the sole Board member appointed pursuant to the Company’s bylaws, Mr. Govindan Gowrishankar and Mr. Venu Aravamudan, as independent members of the Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1877461/000147793223000504/0001477932-23-000504-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"a812dc118b","claim":"Austen Lambrecht was appointed as Director at 1606 CORP..","evidence_excerpt":"Mr. Lambrecht also appointed his son Austen as a Director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1877461/000147793223000504/0001477932-23-000504-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}