{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-003310","form_type":"8-K","ticker":"CBDW","cik":"0001877461","company_name":"1606 CORP.","filed_at":"2025-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.337376+00:00","generated_at":"2026-05-22T18:53:37.351749+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"1606 Corp. issues $1.53M promissory note to former CEO Gregory Lambrecht","bullets":["Principal amount of $1,528,550, amended from $1,220,550, issued March 31, 2025.","Note matures December 31, 2025, with no accrued interest.","Issued to former CEO/director Gregory Lambrecht; board approved May 2, 2025.","Events of default include non-payment, covenant breach, and bankruptcy.","Obligation creates a direct financial liability for the company."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-003310","json":"https://secwatch.observer/filing/0001477932-25-003310.json","markdown":"https://secwatch.observer/filing/0001477932-25-003310.md","text":"https://secwatch.observer/filing/0001477932-25-003310.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877461/000147793225003310/0001477932-25-003310-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877461/000147793225003310/cbdw_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T18:53:37.351749+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"}