Welcome to our dedicated page for 1606 SEC filings (Ticker: CBDW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The 1606 Corp. (CBDW) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, including Forms 10-K, 10-Q, and 8-K. 1606 Corp. states that it has remained current with its SEC filings since inception, and its public communications emphasize transparency and regulatory compliance as core elements of its profile as an AI-focused public company.
For investors analyzing CBDW, the company’s annual reports on Form 10-K and quarterly reports on Form 10-Q offer detailed information on financial performance and operational activities. In its press releases, 1606 Corp. notes timely filings of its 10-K for the year ended December 31, 2024 and subsequent 10-Qs, which it presents as evidence of its commitment to regular shareholder updates and adherence to reporting requirements.
Form 8-K filings are particularly important for understanding material events at 1606 Corp. In 2025, the company filed 8-Ks describing a $6 million Investment Commitment Letter from ENMAS EPC Power Projects Limited to support potential power plant acquisition and AI and data center infrastructure initiatives; a nonbinding acquisition term sheet under which Sim Agro Inc. agreed to pursue a controlling interest in the company; and an Amended and Restated Promissory Note to its former Chief Executive Officer that is convertible into common stock subject to certain conditions. Additional 8-Ks reference press releases about conference attendance and other corporate communications.
These filings help clarify 1606 Corp.’s financing arrangements, strategic transactions, and evolving focus on captive power generation and data center infrastructure for AI workloads, alongside its AI chatbot and investor relations technology. On Stock Titan, users can review these documents as they are made available through EDGAR and use AI-powered summaries to understand key terms, such as conversion features in notes, conditions in term sheets, and the scope of investment commitments.
By examining 1606 Corp.’s SEC filings, investors can see how the company documents its AI initiatives, partnerships, capital structure, and obligations, and can place its press release statements in the context of formal regulatory disclosures.
1606 Corp. filed its Annual Report on Form 10-K, highlighting a strategic pivot toward power-backed data center infrastructure. The company signed a Purchase and Sale Agreement for a 132-acre site with a power generation asset and a 50,000 square foot data center-ready facility, forming the basis of a scalable platform.
Management is pursuing a non-binding Letter of Intent with Sim Agro Inc. to support power plant operations and has engaged Moody for capital markets and financing support. The company emphasizes its fully reporting status and believes its captive power model and AI-focused data center strategy, if executed successfully, could create long-term shareholder value, while cautioning that outcomes may differ materially from expectations.
1606 Corp. reported no revenue for the year ended December 31, 2025 and a net loss of $1,295,041, narrower than the prior year’s loss as operating expenses fell to $485,738 from $4,138,157. The company had no cash at year-end, total assets of $16,058, and current liabilities of $3,238,370, including significant derivative liabilities and related-party convertible debt, leading auditors to highlight substantial doubt about its ability to continue as a going concern.
The business is pivoting from AI chatbots toward power infrastructure and data center assets. In March 2026, 1606 signed a $11,168,864 Purchase and Sale Agreement for a 55‑megawatt power plant and 50,000‑square‑foot warehouse in Texas, requiring $7,000,000 cash at closing and assumption of a lien, backed partly by a nonrefundable $250,000 deposit. Financing for the acquisition is not yet secured. A non-binding LOI with Sim Agro contemplates Sim Agro taking control and operating the facility, and a $6,000,000 investment commitment letter from ENMAS is intended to support the shift, but both remain subject to completion.
1606 Corp. entered into a revised financing arrangement with its former CEO and director, Gregory Lambrecht. On March 17, 2026, the board approved issuing him an Amended and Restated Promissory Note with a principal amount of $1,885,050, reflecting additional loans he provided.
The note is effective as of December 31, 2025 and also matures on December 31, 2025. At Mr. Lambrecht’s option and subject to a 9.99% beneficial ownership cap, the note can be converted into common stock at a 25% discount to the closing bid price on the conversion date.
1606 Corp. has engaged Moody Capital Solutions as its sole exclusive placement agent and financial advisor. The engagement, which began on February 18, 2026 and runs through December 31, 2026, focuses on capital markets and financing support.
The company has previously signed a purchase and sale agreement to acquire a 55-megawatt power generation facility and a 50,000 square-foot climate-controlled, data center–ready site on about 132 acres in Texas, aimed at supporting data centers and AI-related infrastructure, subject to customary closing conditions.
1606 Corp. has signed a Purchase and Sale Agreement to acquire a 132-acre, power-equipped property in Lufkin, Texas for approximately $11.2 million. The price includes $7 million in cash at closing and the assumption of an existing mechanic's and materialman's lien of about $4.2 million.
The site includes land, permits, equipment, development rights, an on-site power generation facility, and a 50,000-square-foot warehouse designed to support rapid deployment of data center infrastructure. Management sees the property as a platform for high-density computing, AI, and other power-intensive digital infrastructure.
The transaction is expected to close on April 15th, subject to customary closing conditions and due diligence. 1606 has already made a substantial nonrefundable earnest money deposit. The company is also in discussions with Sim Agro Inc. about a potential business combination, though no definitive agreement has been executed.
1606 Corp. agreed to buy a real estate and equipment package in Angelina County, Texas from Jefferson Enterprise Energy for a total purchase price of $11,168,864. The consideration includes $7,000,000 in cash at closing plus assumption of the Sim Agro mechanic’s and materialman’s lien.
The company deposited nonrefundable earnest money of $250,000, which will be credited to the price if the deal closes. Closing is scheduled for April 15, 2026, and the property is being acquired on an “AS-IS, WHERE-IS” basis with all faults, a key term reflected in the negotiated price.
1606 Corp. agreed a non-binding term sheet to acquire a 55 MW power generation facility, a 50,000 square foot data-center ready climate-controlled warehouse, and about 132 acres in Lufkin, Texas for approximately $11.67 million. The consideration includes $7.5 million in cash at closing and the assumption of about $4.17 million of existing power-plant debt, with a planned $500,000 earnest money deposit upon signing a definitive purchase agreement.
The transaction is expected to close on or before March 11, 2026, subject to definitive documentation and customary conditions, and would provide behind-the-meter captive power for AI and data-center infrastructure projects. 1606 positions this asset as a foundational power platform and is also negotiating an acquisition of Sim Agro Inc., which is expected to run power generation for the asset and 1606 Corp.
1606 Corp is registering 204,700,902 shares of common stock for resale by GHS Investments LLC under an equity financing agreement. If fully issued, these shares would equal about 30% of common stock outstanding as of mid‑January 2026.
The company itself will not receive proceeds from GHS’s resales, but may raise up to $20 million over 24 months by selling shares to GHS at 80% of the market price, or 90% after any Nasdaq uplist, subject to volume and price limits. The filing highlights significant dilution risk, a sub‑penny OTC trading price, recurring operating losses, going‑concern uncertainty, and heavy voting control concentrated in super‑voting preferred shares held by former and current CEOs Gregory and Austen Lambrecht, which allows management to dominate stockholder decisions.
1606 Corp. is registering 204,700,902 shares of common stock for resale by GHS Investments LLC under an equity financing agreement. These shares, if issued, would equal about 30% of the company’s common stock outstanding as of January 15, 2026. As of January 12, 2026, 1606 Corp. had 472,401,803 common shares outstanding, and it expects 677,102,705 shares to be outstanding if all registered shares are issued.
The company will not receive proceeds from GHS’s resale, but can raise up to $20,000,000 by selling shares to GHS at 80% of the lowest traded price over a 10-day period, with pricing terms that change after any NASDAQ uplisting. A risk factor notes that at a recent Market Price of $0.0006, the additional 204,700,902 shares would represent only $98,256 of potential proceeds.
1606 Corp. has shifted from discontinued hemp cigarette products to AI chatbots for CBD retailers and public companies, yet reported minimal revenue and a net loss of $4,514,971 in 2024 and $802,966 for the nine months ended September 30, 2025, with substantial doubt about its ability to continue as a going concern. Former CEO Gregory Lambrecht and current CEO Austen Lambrecht control super-voting Series B Preferred Stock, giving them majority voting power. The stock trades on the OTC market as a penny stock, and the company warns of significant dilution, high risk and no expected dividends.