---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-003576"
form_type: "8-K"
ticker: "CBDW"
cik: "0001877461"
company_name: "1606 CORP."
filed_at: "2026-06-02T16:28:32+00:00"
generated_at: "2026-06-02T16:29:19.484355+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001477932-26-003576
- form_type: 8-K
- ticker: CBDW
- cik: 0001877461
- company_name: 1606 CORP.
- filed_at: 2026-06-02T16:28:32+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1877461/000147793226003576/0001477932-26-003576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1877461/000147793226003576/cbdw_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-003576
- JSON: https://secwatch.observer/filing/0001477932-26-003576.json
- Plain text: https://secwatch.observer/filing/0001477932-26-003576.txt

## Source-grounded claims
- claim_id: 0f233835f2bef283ab8484048dbf70988ee9388c
  claim: 1606 CORP. amended Second Amendment to Purchase and Sale Agreement with Jefferson Enterprise Energy, LLC valued at $11,168,864 (effective 2026-05-27).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1877461/000147793226003576/0001477932-26-003576-index.htm

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