1606 Corp. extends closing date for Texas property purchase to May 22, 2026; $250K earnest money becomes non-refundable

1606 CORP.

First Amendment extends closing from April 15 to May 22, 2026.
Total purchase price of $11,168,864 unchanged; property in Angelina County, Texas.
$250,000 earnest money deemed fully earned by Seller as non-refundable extension fee.
Company must provide financial verification to Seller upon request until closing.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

1606 CORP. amended First Amendment to Purchase and Sale Agreement with Jefferson Enterprise Energy, LLC (effective 2026-04-13).

Action: amendment
Agreement: asset purchase
Counterparty: Jefferson Enterprise Energy, LLC
Effective: 2026-04-13

Exact text from the filing

On April 13, 2026, 1606 Corp., a Nevada corporation (the " Company "), and Jefferson Enterprise Energy, LLC, a Texas limited liability company (" Seller "), entered into the First Amendment to Purchase and Sale Agreement (the " First Amendment "), amending that certain Purchase and Sale Agreement effective as of March 12, 2026 (the " Agreement "), relating to the Company's purchase of certain real property and related assets located in Angelina County, Texas.

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1606 CORP. filing history →

Source: SEC EDGAR

accession 0001477932-26-002325

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