---
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"
generated_at: "2026-05-16T18:52:33.706537+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 1606 Corp. signs nonbinding term sheet to be acquired by Sim Agro Inc.

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-008431
- JSON: https://secwatch.observer/filing/0001477932-25-008431.json
- Plain text: https://secwatch.observer/filing/0001477932-25-008431.txt

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