---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-001365"
form_type: "8-K"
ticker: "CBDW"
cik: "0001877461"
company_name: "1606 CORP."
filed_at: "2026-03-17T23:59:59+00:00"
generated_at: "2026-05-15T10:57:38.758749+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 1606 Corp. signs agreement to acquire 132-acre data-center-ready property in Texas for $11.2M

## Summary
- Purchase price $11.2M ($7M cash plus assumption of ~$4.2M mechanic's lien).
- Property in Lufkin, TX includes 132 acres, 50,000-sq-ft warehouse, and existing power generation.
- Closing expected on April 15, 2026, subject to customary conditions and due diligence.
- Company in discussions with Sim Agro Inc. about a potential business combination; no definitive agreement.
- Site is positioned for data center deployment with captive power, addressing AI-driven electricity demand.

## SEC filing metadata
- accession: 0001477932-26-001365
- form_type: 8-K
- ticker: CBDW
- cik: 0001877461
- company_name: 1606 CORP.
- filed_at: 2026-03-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- 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/1877461/000147793226001365/0001477932-26-001365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1877461/000147793226001365/cbdw_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-001365
- JSON: https://secwatch.observer/filing/0001477932-26-001365.json
- Plain text: https://secwatch.observer/filing/0001477932-26-001365.txt

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