secwatch / observer
8-K filed February 14, 2023, 6:59 PM ET ticker CBDW CIK 0001877461
other material confidence high sentiment neutral materiality 0.70

1606 Corp. enters up to $20M equity financing with GHS Investments at discounted market price

1606 CORP.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

1606 CORP. entered into Registration Rights Agreement with GHS Investments LLC valued at register for resale all Registrable Securities (effective 2023-02-08).

Action
entry
Counterparty
GHS Investments LLC
Value
register for resale all Registrable Securities
Effective
2023-02-08
Exact text from the filing
On February 6, 2023 the Registrant, 1606 Corporation., a Nevada corporation entered into an Equity Financing Agreement and on February 8, 2023 the Registrant entered into a Registration Rights with GHS Investments LLC, a Nevada limited liability company. Under the terms of the Equity Financing Agreement, GHS agreed to provide the Registrant with up to $20,000,000 over a 24-month period after the effectiveness of a registration statement on Form S-1 filed with the U.S.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

1606 CORP. entered into Equity Financing Agreement with GHS Investments LLC valued at up to $20,000,000 over a 24-month period (effective 2023-02-06).

Action
entry
Agreement
equity purchase
Counterparty
GHS Investments LLC
Value
up to $20,000,000 over a 24-month period
Effective
2023-02-06
Exact text from the filing
On February 6, 2023 the Registrant, 1606 Corporation., a Nevada corporation entered into an Equity Financing Agreement and on February 8, 2023 the Registrant entered into a Registration Rights with GHS Investments LLC, a Nevada limited liability company.
View on SEC.gov

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1606 CORP. filing history →

Source: SEC EDGAR
accession 0001477932-23-000938
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