---
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"
generated_at: "2026-06-20T11:03:06.764537+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# 1606 Corp expands board to four; appoints two independent directors and CEO's son

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-000504
- JSON: https://secwatch.observer/filing/0001477932-23-000504.json
- Plain text: https://secwatch.observer/filing/0001477932-23-000504.txt

## Key facts
- Executive change
  Venu Aravamudan was appointed as Director at 1606 CORP..
  - Action: appointed
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1877461/000147793223000504/0001477932-23-000504-index.htm
- Executive change
  Govindan Gowrishankar was appointed as Director at 1606 CORP..
  - Action: appointed
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1877461/000147793223000504/0001477932-23-000504-index.htm
- Executive change
  Austen Lambrecht was appointed as Director at 1606 CORP..
  - Action: appointed
  - Role: Director
  source text: Mr. Lambrecht also appointed his son Austen as a Director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1877461/000147793223000504/0001477932-23-000504-index.htm

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