{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-000360","form_type":"8-K","ticker":"CBDW","cik":"0001877461","company_name":"1606 CORP.","filed_at":"2025-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.448316+00:00","generated_at":"2026-05-27T22:28:50.408311+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"1606 Corp. issues $1.37M promissory note to former CEO Gregory Lambrecht; matures Dec 31, 2025, no interest","bullets":["Amended and restated promissory note principal amount $1,365,550 issued to former CEO Gregory Lambrecht on Dec 31, 2024.","Original note of $1,220,550 on Nov 1, 2024; amended to $1,365,550 reflecting additional loans.","Board approved issuance on Jan 15, 2025; note matures Dec 31, 2025 with no interest.","Events of default include non-payment, bankruptcy, breach of covenants, and cross-default on other debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-000360","json":"https://secwatch.observer/filing/0001477932-25-000360.json","markdown":"https://secwatch.observer/filing/0001477932-25-000360.md","text":"https://secwatch.observer/filing/0001477932-25-000360.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877461/000147793225000360/0001477932-25-000360-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877461/000147793225000360/onesix_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T22:28:50.408311+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"}