1606 Corp. extends closing for Angelina County property purchase to Oct 31, 2026; pays $312K fee

1606 CORP.

Total purchase price unchanged at $11,168,864 for real property in Angelina County, Texas.
Extension fee of $312,000 includes $75,000 operational offset and $237,000 tax contribution.
Existing $250,000 earnest money remains fully earned and non-refundable.
Agreement terminates if tax litigation settlement not reached by June 12, 2026; extension fee refunded.
Second Amendment signed May 27, 2026; original closing was due May 22, 2026.

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 Second Amendment to Purchase and Sale Agreement with Jefferson Enterprise Energy, LLC valued at $11,168,864 (effective 2026-05-27).

Action: amendment
Agreement: asset purchase
Counterparty: Jefferson Enterprise Energy, LLC
Value: $11,168,864
Effective: 2026-05-27

Exact text from the filing

On May 27, 2026, 1606 Corp., a Nevada corporation (the " Company "), and Jefferson Enterprise Energy, LLC, a Texas limited liability company (" Seller "), entered into the Second Amendment to Purchase and Sale Agreement (the " Second Amendment "), further amending that certain Purchase and Sale Agreement effective as of March 12, 2026 (as previously amended by the First Amendment dated April 13, 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 0001477932-26-003576

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