• 1606 Corp. extended the closing deadline to Oct. 31, 2026 for its $11.17 million purchase of real property and related assets in Angelina County, Texas.
• The buyer agreed to pay an extension fee of $312,000 within one business day of May 27, 2026.
• A $250,000 earnest money deposit previously paid remains non-refundable.
• The deal will terminate automatically if the seller does not enter a written payment plan or settlement by June 12, 2026.

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: 0001477932-26-003576), on June 02, 2026, and is solely responsible for the information contained therein.