Form 8-K Filing by 1606 Corp.

2026-03-13SEC Filing 8-K (0001477932-26-001322)

On March 12, 2026, 1606 Corp. entered into a Purchase and Sale Agreement with Jefferson Enterprise Energy, LLC to acquire real property in Angelina County, Texas. The total purchase price is $11,168,864, comprising $7,000,000 in cash at closing and the assumption of a $4,168,864 mechanic's and materialman's lien. The company has deposited $250,000 in non-refundable earnest money, which will be credited towards the purchase price at closing. The transaction is scheduled to close on April 15, 2026, with the property being sold on an "AS-IS, WHERE-IS" basis. The agreement includes provisions for the company to indemnify the seller against any losses related to the assumed lien. The filing was signed by CEO Austen Lambrecht on March 13, 2026.

Ticker mentioned:CBDW