{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-008431","form_type":"8-K","ticker":"CBDW","cik":"0001877461","company_name":"1606 CORP.","filed_at":"2025-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.948776+00:00","generated_at":"2026-05-16T18:52:33.706537+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"1606 Corp. signs nonbinding term sheet to be acquired by Sim Agro Inc.","bullets":["Sim Agro Inc., a private power and sustainable energy firm, will acquire a controlling interest in 1606 Corp. (CBDW).","Sim Agro has first right of refusal to acquire a data-center-capable warehouse, power plant, and 100+ acres of land.","Transaction subject to due diligence, regulatory approvals, and definitive agreements; expected close in coming months.","Sim Agro, led by President Dr. Karthik Raghavan PhD, has a global team in US, India, South Korea, and Middle East.","Post-acquisition, Sim Agro plans to develop captive power generation and data center infrastructure for AI and digital operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-008431","json":"https://secwatch.observer/filing/0001477932-25-008431.json","markdown":"https://secwatch.observer/filing/0001477932-25-008431.md","text":"https://secwatch.observer/filing/0001477932-25-008431.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877461/000147793225008431/0001477932-25-008431-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877461/000147793225008431/cbdw_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:52:33.706537+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"}