1606 Corp. Files Annual Report, Highlights Major Data Center Infrastructure Strategy and Acquisition Progress

PHOENIX, AZ – March 31, 2026: 1606 Corp. (OTC Markets: CBDW), a publicly traded company focused on next-generation data center infrastructure powered by captive energy assets, has officially filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission.

Key Highlights for Investors

• Strategic Business Transformation:

  1606 Corp. has successfully repositioned its business model to focus on acquiring and developing data center-ready facilities that utilize captive energy assets. This move is directly targeting the surging market demand from AI and high-performance computing sectors, which are increasingly constrained by power availability.

• Flagship Acquisition Announcement:

  The company has signed a Purchase and Sale Agreement (PSA) for a substantial 132-acre site. This site includes a power generation asset and a 50,000 square foot data center-ready facility. This acquisition is a foundational step for building a scalable infrastructure platform that can attract high-margin clients in the AI and computing space.

• Strategic Partnerships and Transaction Momentum:

  1606 Corp. has entered into a non-binding Letter of Intent with Sim Agro Inc., aiming to finalize a definitive agreement for Sim Agro to support power plant operations at the new site. While there is no guarantee this agreement will be finalized, it signals ongoing development and operational progress. Additionally, the company has engaged Moody to support capital markets strategy, financing, and transaction execution as it moves toward closing the acquisition and accelerating development plans.

• Captive Power Advantage and Market Validation:

  With on-site power generation capabilities, 1606 Corp. is positioned to offer reliable, cost-efficient energy directly to data center clients. This creates a unique value proposition that has the potential to attract power and lease customers seeking stable energy solutions. However, management cautions there is no assurance of securing customers or favorable terms at this stage.

• Public Company Strength and Compliance:

  1606 Corp. remains fully reporting and current with its SEC filings, demonstrating a solid foundation for scalable growth and potential institutional engagement. This transparency and compliance are crucial for investor confidence and future capital raising activities.

• Management Commentary:

  CEO Austen Lambrecht described 2025 as a “transformational year” for 1606 Corp., emphasizing the company’s pivot to power-constrained data center infrastructure as one of the most compelling opportunities in today’s market. He highlighted the signed acquisition, clear growth strategy, and market positioning as key drivers for potential long-term shareholder value.

• Forward-Looking Plans:

  For 2026, 1606 Corp. is focused on closing its acquisition, advancing development plans, and scaling its power-backed data center model. Management believes this approach, if executed successfully, could support a high-margin, infrastructure-driven business. However, there are risks and no guarantees of achieving these results.

Potential Price-Sensitive Information for Shareholders

• Acquisition of Data Center Facility:

  The signed PSA for the 132-acre site and 50,000 square foot facility represents a significant asset and growth opportunity. If the acquisition is completed and operational, it could substantially increase the company’s value proposition and revenue potential.

• Strategic Partnerships and Capital Markets Engagement:

  The potential partnership with Sim Agro Inc. and engagement with Moody for capital markets strategy may positively impact financing, operational capacity, and deal execution. However, shareholders should note the risks that agreements may not be finalized.

• Captive Power Model:

  The ability to provide reliable, cost-effective energy to data centers is a key differentiator that could enable 1606 Corp. to attract high-demand customers in the AI and HPC markets. Successful execution of this model may drive significant growth.

• Risks and Uncertainties:

  Management has clearly outlined risks including the need for additional funding, competitive pressures, customer acquisition uncertainty, and market demand. Investors should pay close attention to these risks, especially as detailed in the company’s SEC filings.

About 1606 Corp.

1606 Corp. focuses on technology infrastructure and artificial intelligence applications. The company is led by CEO Austen Lambrecht and a board of directors with extensive experience in enterprise technology, software development, and public company operations.

Investor Contact

Austen Lambrecht
CEO, 1606 Corp.
[email protected]
cbdw.ai

Disclaimer

This article contains information based on the company’s press release and annual report. It includes forward-looking statements that are subject to risks and uncertainties. Actual results may differ materially. Investors are urged to review the company’s filings with the SEC, particularly the “Risk Factors” sections in Forms 10-K and 10-Q, before making investment decisions. The information herein should not be construed as investment advice.

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