secwatch.observer — SEC 8-K summary
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Issuer:     1606 CORP. (CBDW)
CIK:        0001877461
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0001477932-26-001419
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1606 Corp. engages Moody Capital as placement agent for data center acquisition financing
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- Engaged Moody Capital Solutions (FINRA/SIPC) as sole exclusive placement agent/financial advisor.
- Engagement supports previously disclosed PSA to acquire a 55 MW power generation facility and 50k sq ft data center site in Texas.
- Term from Feb 18, 2026 to Dec 31, 2026; cash and equity compensation tied to successful financings.
- CEO Austen Lambrecht says engagement positions the company to efficiently access capital markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877461/000147793226001419/0001477932-26-001419-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877461/000147793226001419/cbdw_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-001419

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer