{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-24-006943","form_type":"8-K","ticker":"CBDW","cik":"0001877461","company_name":"1606 CORP.","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.217145+00:00","generated_at":"2026-05-30T03:55:11.729476+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"1606 Corp amends promissory note to former CEO, increasing principal to $1.22M","bullets":["Issued Amended and Restated Promissory Note to former CEO Gregory Lambrecht on Nov 1, 2024 for $1,220,550.","Note replaces prior June 2023 note of $755,050 and includes additional loans; matures Dec 31, 2025.","Note carries zero interest; default triggers include failure to pay at maturity or bankruptcy filing.","Obligation is a direct financial liability – no off-balance-sheet treatment."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-24-006943","json":"https://secwatch.observer/filing/0001477932-24-006943.json","markdown":"https://secwatch.observer/filing/0001477932-24-006943.md","text":"https://secwatch.observer/filing/0001477932-24-006943.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877461/000147793224006943/0001477932-24-006943-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877461/000147793224006943/cbdw_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:55:11.729476+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}