• 1606 extended the closing deadline to Oct. 31, 2026 for its planned acquisition of a Texas power generation and infrastructure project.
• Transaction covers about 132 acres in Angelina County with an existing power facility, utility infrastructure, rail access, industrial improvements, and a 50,000-square-foot warehouse.
• Financing talks intensified with institutional investors, family offices, and energy-focused groups; multiple indications of interest and term sheets under review.
• No financing commitment signed; management expects to complete the acquisition before the extended deadline.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1606 Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-003599), on June 03, 2026, and is solely responsible for the information contained therein.