---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-003925"
form_type: "8-K"
ticker: "CBDW"
cik: "0001877461"
company_name: "1606 CORP."
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T03:40:32.584627+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# 1606 Corp. extends $20M equity line with GHS Investments through May 2027

## Summary
- Amendment dated May 14, 2025 extends termination to 24 months from that date, replacing original Feb 2023 term.
- GHS commits to purchase up to $20M of common stock at 80% of Market Price (90% after NASDAQ listing, $2 floor).
- Put amounts range from $10k to $750k; investor capped at 4.99% beneficial ownership.
- 400,000 commitment shares already issued; additional 250,000 shares per each of first 6 puts will be issued.
- Pricing Period is 10 trading days; minimum 10 trading days between closings.

## SEC filing metadata
- accession: 0001477932-25-003925
- form_type: 8-K
- ticker: CBDW
- cik: 0001877461
- company_name: 1606 CORP.
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1877461/000147793225003925/0001477932-25-003925-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1877461/000147793225003925/cbdw_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-003925
- JSON: https://secwatch.observer/filing/0001477932-25-003925.json
- Plain text: https://secwatch.observer/filing/0001477932-25-003925.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.