{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-000938","form_type":"8-K","ticker":"CBDW","cik":"0001877461","company_name":"1606 CORP.","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.310295+00:00","generated_at":"2026-06-19T14:35:18.677994+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"1606 Corp. enters up to $20M equity financing with GHS Investments at discounted market price","bullets":["Equity Financing Agreement with GHS Investments LLC provides up to $20M over 24 months starting after S-1 effectiveness.","GHS purchases shares at 80% of market price (10-day low); 90% after NASDAQ uplist with $2 floor.","Company issued 400,000 commitment shares to GHS; maximum Put $750,000 per notice.","Investor ownership capped at 4.99% of outstanding shares; no short sales allowed.","Registration rights agreement requires Company to register shares for resale within 30-90 days of filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-000938","json":"https://secwatch.observer/filing/0001477932-23-000938.json","markdown":"https://secwatch.observer/filing/0001477932-23-000938.md","text":"https://secwatch.observer/filing/0001477932-23-000938.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877461/000147793223000938/0001477932-23-000938-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877461/000147793223000938/onesix_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T14:35:18.677994+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":"724941c01f6d20526c79bba9893a4d134ff04215","claim":"1606 CORP. entered into Registration Rights Agreement with GHS Investments LLC valued at register for resale all Registrable Securities (effective 2023-02-08).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1877461/000147793223000938/0001477932-23-000938-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"GHS Investments LLC"},{"label":"Value","value":"register for resale all Registrable Securities"},{"label":"Effective","value":"2023-02-08"}],"fact_type":"material_agreement"},{"claim_id":"a8284cb5875aee17336bceceae469a6b06183435","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1877461/000147793223000938/0001477932-23-000938-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"GHS Investments LLC"},{"label":"Value","value":"up to $20,000,000 over a 24-month period"},{"label":"Effective","value":"2023-02-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}