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. has signed a definitive agreement to acquire a majority controlling interest in Sim Agro Inc., a global power-plant operations and energy-infrastructure company. The deal is intended to support 1606’s strategy to build captive power and data center infrastructure for artificial intelligence and high-performance computing.
Sim Agro is expected to operate 1606’s growing power and energy assets, starting with a Texas power-generation and data infrastructure property under contract on approximately 132 acres with a 50,000 sq ft warehouse. In connection with the transaction, an existing lien associated with Sim Agro is expected to be satisfied and removed after closing conditions and promissory note repayment, which management says would effectively reduce the net acquisition cost of the Texas facility by about $4.2 million.
Sim Agro brings a global team across multiple regions, more than 40 years of combined power-generation experience, and about $2.5 million in inventory, providing immediate operating capacity. Upon closing, 1606 plans to appoint Sim Agro’s Dr. Karthik Raghavan to its Board and enter into an employment contract with him as it builds a vertically integrated platform focused on captive power generation, data-center-ready real estate, and energy solutions for AI and high-density computing.
1606 Corp. registers 204,700,902 shares of common stock for resale by the selling stockholder, GHS Investments LLC, representing approximately 21% of issued and outstanding shares as of March 22, 2026. The resale (the "Offering") is a resale by GHS and the Company will not receive proceeds from those resales. Under a separate Equity Financing Agreement, the Company may sell shares to GHS at 80% of a recent Market Price (rising to 90% after a NASDAQ up-list, subject to a $2.00 floor). The Financing Agreement contemplates up to $20,000,000 in investment capacity and includes 400,000 commitment shares issued to GHS that are not registered here. The Selling Stockholder may use market, negotiated or private methods to sell any or all registered shares.
1606 Corp. reports that Greg Paul Lambrecht beneficially owns 76,000,000 shares of Common Stock, representing 8.6% of the class. The filing states 883,850,971 shares outstanding as of April 23, 2026, and indicates sole voting and dispositive power over the reported shares.
1606 Corp. files a post-effective amendment to register for resale 204,700,902 shares of common stock by selling stockholder GHS Investments LLC. The prospectus states these shares represent approximately 21% of issued and outstanding common stock as of March 22, 2026.
The resale registration is a secondary offering; the company will not receive proceeds from these resales. The filing also discloses plans and pending items: a Financing Agreement with GHS (discounted purchase mechanics and commitment shares), a proposed Texas property acquisition priced at $11,168,864 (including $7,000,000 cash at closing and a $250,000 nonrefundable earnest deposit), an outstanding investment commitment letter, and an ongoing strategic shift toward power generation and data center infrastructure. Closing and financing for the Texas acquisition are subject to customary conditions and the company has not secured full financing.
1606 Corp. amended its agreement to buy real property and related assets in Angelina County, Texas from Jefferson Enterprise Energy, LLC. The First Amendment moves the closing date from April 15, 2026 to May 22, 2026 while keeping the total purchase price at $11,168,864. The Company’s prior $250,000 earnest money deposit is now fully earned by the seller as a non-refundable extension fee and will not be credited against the price, even if the deal does not close. From April 13, 2026 until closing, 1606 Corp. must provide information, on seller’s written request, to verify its financial ability to complete the acquisition.
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.