secwatch.observer — SEC 8-K summary
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Issuer:     1606 CORP. (CBDW)
CIK:        0001877461
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001477932-26-001322
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

1606 Corp. agrees to buy Texas property for $11.2M in cash plus assumed lien
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877461/000147793226001322/0001477932-26-001322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877461/000147793226001322/cbdw_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-001322

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