{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-26-001322","form_type":"8-K","ticker":"CBDW","cik":"0001877461","company_name":"1606 CORP.","filed_at":"2026-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.648903+00:00","generated_at":"2026-05-15T12:41:49.148081+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"1606 Corp. agrees to buy Texas property for $11.2M in cash plus assumed lien","bullets":["Purchase price $11,168,864: $7M cash at closing plus assumption of mechanic's lien.","$250,000 earnest money deposited; nonrefundable except if seller fails to perform.","Closing scheduled April 15, 2026; property sold on an AS-IS, WHERE-IS basis.","Property in Angelina County, TX includes land, improvements, equipment, and permits."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-26-001322","json":"https://secwatch.observer/filing/0001477932-26-001322.json","markdown":"https://secwatch.observer/filing/0001477932-26-001322.md","text":"https://secwatch.observer/filing/0001477932-26-001322.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877461/000147793226001322/0001477932-26-001322-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877461/000147793226001322/cbdw_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:41:49.148081+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":[{"claim_id":"d639d73573fa1b2764365c6a8b6ae638e4f1b7fa","claim":"1606 CORP. entered into Purchase and Sale Agreement with Jefferson Enterprise Energy, LLC valued at $11,168,864 (effective 2026-03-12).","evidence_excerpt":"On March 12, 2026, 1606 Corp., a Nevada corporation (the \" Company \"), entered into a Purchase and Sale Agreement (the \" Agreement \") with Jefferson Enterprise Energy, LLC, a Texas limited liability company (\" Seller \"), pursuant to which the Company agreed to purchase certain real property located in Angelina County, Texas, including land, improvements, equipment, permits, warranties and related documents (collectively, the \" Property \"). The total purchase price for the Property is $11,168,864, consisting of (i) $7,000,000 in cash payable at closing and (ii) the Company's assumption of a mechanic's and materialman's lien recorded as Instrument No. 2025-00458298 in the Official Public Records of Angelina County, Texas (the \" Sim Agro Lien \").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1877461/000147793226001322/0001477932-26-001322-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Jefferson Enterprise Energy, LLC"},{"label":"Value","value":"$11,168,864"},{"label":"Effective","value":"2026-03-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}