1606 CORP. (CBDW) Form 8-K — Oct 2, 2026
1606 Corp. and Sim Agro Inc. mutually terminated their May 2, 2026 stock exchange agreement under which 1606 was to acquire 51% of Sim Agro, abandoning the acquisition entirely as of September 28, 2026. The closing never occurred, no shares of either company were issued, and no purchase price or other consideration was ever paid.
Key figures
- Debt note principal
- 422322
- Acquisition stake percent
- 51
- Termination fee payable by company
- 0
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.