{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-007743","form_type":"8-K","ticker":"CBDW","cik":"0001877461","company_name":"1606 CORP.","filed_at":"2025-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.948576+00:00","generated_at":"2026-05-17T02:22:19.027376+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. increases note principal to $1.83M from ex-CEO Lambrecht; adds 25% discount conversion","bullets":["October 21, 2025 addendum raises promissory note principal to $1,829,550 from $1,528,550.","All accrued interest and principal convertible at 25% discount to closing bid price, subject to 4.99% limit.","Note originally issued in November 2024; amended again in March 2025 for $1,528,550.","Addendum creates a direct financial obligation under Item 2.03; full terms in Exhibit 4.1."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-007743","json":"https://secwatch.observer/filing/0001477932-25-007743.json","markdown":"https://secwatch.observer/filing/0001477932-25-007743.md","text":"https://secwatch.observer/filing/0001477932-25-007743.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877461/000147793225007743/0001477932-25-007743-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877461/000147793225007743/cbdw_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:22:19.027376+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"}