IPOGrid
0001877461
IPO filing research
1606 CORP.
Services-Prepackaged Software · CBDW
follow-on
priced
OTC
EFFECT
1606 CORP. IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: EFFECT on 2026-04-22. Current deal snapshot: exchange OTC.
Filing Timeline
SEC EDGAR
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
First tracked pre-IPO filing for this issuer.
The Notice of Effectiveness confirms that 1606 Corp.'s registration statement for the resale of 204,700,902 shares of common stock by GHS Investments LLC became effective on April 22, 2026. The offering involves shares issued under an Equity Financing Agreement, with GHS acting as an underwriter. The company will not receive proceeds from the resale but will benefit from initial sales to GHS at 80% of the market price. The filing emphasizes the speculative nature of the investment and risks related to control by insiders.
2026-04-22 · 9999999995-26-001292
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
204,700,902 shares
common · Exchange OTC Markets Group · Ticker CBDW · Selling stockholders only · Use of proceeds Selling stockholder resales; no issuer proceeds · Flags dual_class · Underwriters GHS Investments LLC
1606 Corp. is registering 204,700,902 shares of common stock for resale by GHS Investments LLC, representing ~30% of outstanding shares. The offering relates to a financing agreement where the company sold shares to GHS at 80% of the market price, with GHS now reselling them. The company focuses on AI chatbots for the CBD industry and has shifted from hemp products. Leadership changes include Austen Lambrecht as CEO following his father's departure.
2026-01-29 · 0001477932-26-000505
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows S-1 and marks the registration effective.
The SEC has declared the registration statement for 1606 Corp. effective on January 28, 2026. The company, incorporated in Nevada, is preparing for its IPO, with the effective date following the filing on January 16, 2026. The filing includes details about corporate governance, stock structure, and legal counsel.
2026-01-28 · 9999999995-26-000333
S-1
filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
Follows 424B3 in the pre-IPO sequence.
1606 Corp. is registering 204,700,902 shares of common stock for resale by GHS Investments LLC under an Equity Financing Agreement. The offering involves a potential $20 million investment over 24 months, with shares purchasable at 80% of the market price. The company's Series B Super Voting Preferred Stock, held by founders Gregory and Austen Lambrecht, grants them significant voting control. The stock trades on OTC Markets, and the offering is deemed highly speculative with material risks.
2026-01-16 · 0001477932-26-000252
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B4 and confirms the priced prospectus.
29,876,884 shares
Common Stock · Exchange OTC Pink · Ticker CBDW · Selling stockholders only · Use of proceeds No proceeds to the company; proceeds from initial sale to GHS not specified · Flags dual_class · Underwriters GHS Investments LLC
1606 Corp. is updating its prospectus to reflect amendments to its Equity Financing Agreement (EFA) and Registration Rights Agreement with GHS Investments LLC. The filing relates to the resale of 29,876,884 shares of common stock by GHS, representing ~21% of outstanding shares. The company will not receive proceeds from the resale but previously received funds under the EFA. Key updates include amended termination terms for the EFA, a revised registration rights framework, and disclosures about voting control by Series B Preferred Stock holders Gregory and Austen Lambrecht.
2025-05-19 · 0001477932-25-003931
424B4
priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
Follows EFFECT and confirms the priced prospectus.
29,876,884 shares · Gross proceeds $0.00
Common · Exchange OTC Pink · Ticker CBDW · Selling stockholders only · Use of proceeds Selling stockholders will receive proceeds · Flags dual_class · Underwriters GHS Investments LLC
1606 Corp. is registering the resale of 29,876,884 common shares by GHS Investments LLC, representing 21% of outstanding shares. The shares were initially sold to GHS under a financing agreement, with proceeds used for company operations. The resale is part of a broader strategy involving AI chatbot technology for CBD and public company services, though the company faces significant risks including speculative nature, insider control, and reliance on a single underwriter.
2025-05-02 · 0001477932-25-003233
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B4 and marks the registration effective.
1606 Corp. has received notice of effectiveness for its securities offering, confirming the resale of 29,876,884 shares of common stock by GHS Investments LLC. The offering, governed by an Equity Financing Agreement, allows GHS to resell shares at market prices, with the company not receiving proceeds from the resale. The company retains the right to issue shares to GHS at 80% of the market price, increasing to 90% post-uplist. Voting control remains concentrated in the Lambrecht family via Series B Preferred Stock, which grants 10x voting rights over common shares.
2025-04-30 · 9999999995-25-001299
424B4
priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
Follows EFFECT and confirms the priced prospectus.
29,876,884 shares
of the Share · Exchange OTC Pink · Ticker CBDW · Selling stockholders only · Underwriters GHS Investments LLC
1606 Corp. is registering 29,876,884 shares of common stock for resale by GHS Investments LLC, representing ~22% of outstanding shares. The offering relates to a Financing Agreement where GHS provided $20M over 24 months, with shares sold at 80% of the market price. The company shifted from hemp products to AI chatbots for the CBD industry, with plans to expand to other sectors. The offering is highly speculative with significant risks.
2024-12-16 · 0001477932-24-008074
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows S-1/A and marks the registration effective.
1606 Corp. has received effectiveness for its Form S-1 registration statement, indicating the company is now eligible to offer securities to the public. The filing includes details about the company's structure, ownership, and financial instruments, with an effective date of December 13, 2024. The document references prior amendments and includes disclosures related to stock classes, convertible notes, and executive roles.
2024-12-13 · 9999999995-24-003779
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1 filing.
Common Stock
1606 Corp. has filed an S-1/A amendment to delay the effective date of its registration statement. The filing details the resale of up to 29,876,884 shares of common stock by GHS Investments LLC under an Equity Financing Agreement. The company's common stock is traded on OTC Pink, and the offering involves significant risks related to control by major shareholders, speculative nature, and potential for dilution. The filing also highlights the voting rights of Series B Preferred Stock holders, Gregory and Austen Lambrecht, who maintain majority control over corporate decisions.
2024-12-04 · 0001477932-24-007829
S-1
filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
Follows 424B4 in the pre-IPO sequence.
1606 Corp. is registering 29,876,884 shares of common stock for resale by GHS Investments LLC under an Equity Financing Agreement. The offering involves potential future stock purchases by GHS at 80% of the market price, with adjustments upon NASDAQ up-listing. The company highlights risks related to speculative nature, management control via Series B Preferred Stock, and dependency on financing terms.
2024-11-05 · 0001477932-24-006883
424B4
priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
Follows EFFECT and confirms the priced prospectus.
11,503,346 shares
of the Share · Exchange OTC Pink · Ticker CBDW · Selling stockholders only · Use of proceeds None · Flags dual_class · Underwriters GHS Investments LLC
1606 Corp. is registering the resale of 11,503,346 common shares by GHS Investments LLC, representing ~15% of outstanding shares. The offering relates to shares issued under an Equity Financing Agreement, where GHS committed to provide up to $20M over 24 months. The company will not receive proceeds from the resale but received initial funds via the Financing Agreement. The resale terms include pricing at 80% of the lowest traded price over 10 days, with potential adjustments if the company up-lists to NASDAQ. The offering is highly speculative with significant risks.
2024-06-11 · 0001477932-24-003608
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows S-1 and marks the registration effective.
1606 Corp. filed a Form S-1 registration statement, which became effective on June 10, 2024, for the resale of 11,503,346 shares of common stock by GHS Investments LLC, a selling stockholder. The shares were issued under an Equity Financing Agreement dated February 6, 2023. The offering is part of a resale initiative, with the shares representing approximately 15% of the company's outstanding common stock as of June 4, 2024.
2024-06-10 · 9999999995-24-001808
S-1
filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
Follows EFFECT in the pre-IPO sequence.
11,503,346 shares
common stock · Selling stockholders only · Use of proceeds Proceeds from the sale will go to the selling stockholder, with no proceeds to the company
1606 Corp. is registering 11,503,346 shares of common stock for resale by GHS Investments LLC under an Equity Financing Agreement. The offering involves potential future share purchases by GHS at 80% of the market price, with adjustments upon up-listing to NASDAQ. The company's voting control is concentrated via Series B Preferred Stock held by founders Gregory and Austen Lambrecht, who collectively own 60% of voting power. The offering is speculative, with risks including market volatility and limited liquidity.
2024-06-04 · 0001477932-24-003498
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows S-1/A and marks the registration effective.
1606 Corp. has received effectiveness for its Form S-1 registration statement, enabling the resale of 4,400,000 shares of common stock by selling stockholder GHS Investments LLC. The offering involves shares issued under an Equity Financing Agreement, with GHS acting as an underwriter. The company's common stock is traded on OTC PINK under 'CBDW' with a recent price of $0.045 per share. The offering is described as highly speculative with significant risks, and the company will not receive proceeds from GHS's resale but did receive initial funds via the Financing Agreement.
2023-07-24 · 9999999995-23-002172
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
4,400,000 shares
of the Share · Exchange OTC PINK · Ticker CBDW · Selling stockholders only · Use of proceeds selling stockholders with no issuer proceeds · Underwriters GHS Investments LLC
1606 Corp. is offering 4,400,000 shares of common stock through a selling stockholder, GHS Investments LLC, under an Equity Financing Agreement. The company will not receive proceeds from the resale but previously received funds via the agreement. The offering includes potential uplisting to NASDAQ, which could adjust the purchase price of shares. The stock is currently traded on OTC PINK under 'CBDW' with a recent price of $0.045 per share. The offering is described as highly speculative with significant risks.
2023-07-07 · 0001477932-23-005130
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
4,400,000 shares
common stock · Exchange OTC PINK · Ticker CBDW · Selling stockholders only · Use of proceeds Proceeds from initial sales to GHS are for general corporate purposes · Underwriters GHS Investments LLC
1606 Corp. is registering 4,400,000 shares of common stock for resale by GHS Investments LLC under an Equity Financing Agreement. The offering involves a variable pricing structure based on market conditions, with GHS committing up to $20M over 24 months. The company has no recent revenue and operates in a speculative sector, with shares trading on OTC Pink. The filing updates previous disclosures with revised share numbers and pricing terms.
2023-06-14 · 0001477932-23-004556
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
4,000,000 shares · Gross proceeds $0.00
4,000,000 shares of common stock, $.0001 par value per share · Exchange OTC Markets · Ticker CBDW · Selling stockholders only · Use of proceeds Proceeds from this offering will not be received by the company · Underwriters GHS Investments LLC
1606 Corp. is registering 4,000,000 shares of common stock for resale by GHS Investments LLC under an Equity Financing Agreement. The offering involves a variable pricing structure for shares, with GHS providing up to $20M over 24 months. The company will not receive proceeds from GHS's resale but will receive funds from its initial sale to GHS. The registration statement was effective after a prior amendment, with updated dates and prospectus details.
2023-04-12 · 0001477932-23-002420
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1 filing.
4,000,000 shares · Gross proceeds $0.00
Common Stock · Exchange OTC Markets · Ticker CBDW · Selling stockholders only · Use of proceeds Selling stockholders with no issuer proceeds · Underwriters GHS Investments LLC
1606 Corp. is registering 4,000,000 shares of common stock for resale by GHS Investments LLC under an Equity Financing Agreement. The offering involves a potential $20 million investment over 24 months, with GHS purchasing shares at 80% of the market price. The company plans to use proceeds from the initial sale to GHS, while GHS will resell the shares at varying prices. The filing includes updated disclosures about the financing terms, stock valuation, and risk factors related to the speculative nature of the offering.
2023-04-06 · 0001477932-23-002299
S-1
filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
Follows 424B3 in the pre-IPO sequence.
4,000,000 shares · Gross proceeds $0.00
Common Stock, $0.0001 par value per share · Exchange OTC Markets · Ticker CBDW · Selling stockholders only · Use of proceeds Proceeds from the initial sale to GHS are used for general corporate purposes · Underwriters GHS Investments LLC
1606 Corp. is registering 4,000,000 shares of common stock for resale by GHS Investments LLC under an Equity Financing Agreement. The offering involves a $20M funding commitment over 24 months, with shares purchased at 80% of the market price, increasing to 90% if the company lists on NASDAQ. The company has no active trading market, and the offering is highly speculative with risks related to market development and liquidity.
2023-03-30 · 0001477932-23-001913
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
150,000 shares
Common Stock · Selling stockholders only · Use of proceeds Selling stockholders will receive all proceeds from the sale of shares
1606 Corp. filed a 424B3 prospectus for the resale of up to 150,000 shares of common stock by selling stockholders, following its spin-off from Singlepoint Inc. The filing details the shares' origin via a stock purchase agreement, resale terms, and lack of direct company proceeds. The company, an emerging growth company, anticipates OTC listing but faces risks including no established trading market and reliance on smokable hemp products.
2022-01-13 · 0001477932-22-000233
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows S-1/A and marks the registration effective.
1606 Corp. filed a Notice of Effectiveness for its S-1 registration statement on January 12, 2022, confirming the registration of 150,000 shares of common stock. The company, formed via a spin-off from Singlepoint Inc., has no public trading market for its securities and aims to apply for OTC Bulletin Board or OTC Markets listing. The filing outlines the resale of shares by selling stockholders, with no proceeds going to the company. The company is an emerging growth company under the JOBS Act.
2022-01-12 · 9999999995-22-000115
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
Price $0.50 · 150,000 shares
Common Stock, $.0001 par value per share · Selling stockholders only · Use of proceeds No issuer proceeds; selling stockholders resell shares · Flags emerging_growth_company
1606 Corp. is a company formed via a spin-off from Singlepoint Inc., distributing one share of its common stock for each share of Singlepoint common stock held. The filing relates to the resale of up to 150,000 shares of common stock by selling stockholders, with no proceeds going to the company. The company has no public trading market, and management anticipates applying for OTC Bulletin Board or OTC Markets listing within 90 days of registration effectiveness. The company is an emerging growth company under the JOBS Act.
2022-01-07 · 0001477932-22-000153
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
Price $0.50 · 150,000 shares · Gross proceeds $75,000
Common Stock, $.0001 par value per share · Selling stockholders only · Use of proceeds Selling stockholders will receive all proceeds from the sale of the shares
1606 Corp. is registering 150,000 shares of common stock for resale by selling stockholders. The company, formed via a spin-off from Singlepoint Inc., has no public trading market for its securities. The filing emphasizes that shares will be sold at $0.50 per share until a trading market is established and highlights risks related to the lack of liquidity and uncertainty around OTC listing. The company anticipates applying for public trading on the OTC Bulletin Board or OTC Markets within 90 days of the registration's effectiveness.
2022-01-04 · 0001477932-22-000068
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
Price $0.50 · 150,000 shares
Common Stock, $.0001 par value per share · Selling stockholders only · Use of proceeds selling stockholders with no issuer proceeds
1606 Corp. is a Nevada corporation formed via a spin-off from Singlepoint Inc., distributing one share of 1606 common stock per share of Singlepoint common stock. The company seeks to register 150,000 shares of common stock for resale by selling stockholders, with no current public trading market. It is an emerging growth company under the JOBS Act, aiming to list on the OTC Bulletin Board or OTC Markets within 90 days of registration effectiveness, though no assurance of approval exists.
2021-12-17 · 0001477932-21-009316
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1 filing.
Price $0.50 · 150,000 shares · Gross proceeds $0.00
Common · Exchange OTC Bulletin Board or OTC Markets · Selling stockholders only · Use of proceeds Selling stockholders with no issuer proceeds
1606 Corp. is a Nevada-based company formed via a spin-off from Singlepoint Inc., distributing 1 share of 1606 common stock for every share of Singlepoint stock held. The current S-1/A filing relates to the resale of 150,000 shares of common stock by selling stockholders, with no proceeds going to the company. The filing emphasizes the lack of a public market for its securities and outlines risks associated with its emerging growth status, reliance on the spin-off, and uncertainty around future trading on OTC markets.
2021-11-23 · 0001477932-21-008764
S-1
filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
First tracked pre-IPO filing for this issuer.
Price $0.00 · 36,953,394 shares · Gross proceeds $3,695
Common · Exchange OTC · Selling stockholders only · Use of proceeds Proceeds from the offering will be used for general corporate purposes.
1606 Corp. is a Nevada-based company formed as a spin-off from Singlepoint Inc. in April 2021, distributing 36,953,394 shares of common stock to Sing's shareholders. The company offers nicotine- and tobacco-free hemp-based products and aims to become publicly traded by listing on the OTC Bulletin Board or similar markets. It is an emerging growth company under the JOBS Act, with no existing public market for its securities.
2021-08-19 · 0001477932-21-005733
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Recent News
No recent news stored for this issuer.