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Stock impact report

1606 Corp. Signs Term Sheet with Sim Agro Inc. to Acquire Power Assets for Supplying Captive Energy to Data Centers and AI [Yahoo! Finance]

POWER ASSETS HLDGS S/ADR (HGKGY) 
NASDAQ:AMEX Investor Relations: powerassets.com/en/investor-relations
Company Research Source: Yahoo! Finance
CBDW to be acquired by Sim Agro Company to purchase Power Assets for Data Centers Sim Agro has a proven record of power asset management New co to provide energy for AI infrastructure and Data Centers PHOENIX, Nov. 18, 2025 (GLOBE NEWSWIRE) -- 1606 Corp. (OTCID: CBDW) (“1606” or the “Company”) a leading AI company, is thrilled to announce that it has signed an Acquisition Term Sheet to be acquired by Sim Agro Inc. (“Sim Agro”), a leading privately held power and sustainable energy company with extensive experience in energy generation and infrastructure development for various sectors including manufacturing and datacenters. Sim Agro has a first right of refusal contract to acquire a data center capable warehouse and power plant. After the acquisition, Sim Agro will become publicly-traded under the ticker “CBDW.” Power Plant to be acquired “This is an exciting step for 1606 Corp.,” said Austen Lambrecht, CEO of 1606 Corp. “Sim Agro Inc.'s extensive experience in developin Show less Read more
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