Home / Going-concern warnings / 1606 CORP.
Filed 2026-03-27 路 Form 10-K 路 Accession 0001477932-26-001635 nano
Price before filing: $0.0012 (2026-03-26 close, split/dividend-adjusted)
Market cap at flag: $603,714 (2026-03-27) 路 Latest: $157,884 (2026-10-16)
| Window | CBDW | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -50.0% | +10.9% | -60.9% | 2026-04-27 |
| 90 days | -75.0% | +14.1% | -89.1% | 2026-06-25 |
| 180 days | -83.3% | +19.6% | -103.0% | 2026-09-23 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"These factors raise substantial doubt about our ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-K (period 2025-12-31)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.