Cottonwood Communities increases preferred stock offering size to $150M by designating 5M new shares

Cottonwood Communities, Inc.

Filed Articles Supplementary with Maryland SDAT on August 21, 2023, designating 5,000,000 additional Series 2023 Preferred Stock shares.
Action expands Company's private offering capacity to $150,000,000.
No changes to the existing preferences, limitations, powers, or relative rights of the Series 2023 Preferred Stock.
Articles Supplementary effective upon filing; previously described in 8-K dated December 16, 2022.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Cottonwood Communities, Inc.: Classified and designated 5,000,000 additional shares of authorized but unissued preferred stock as Series 2023 Preferred Stock, effective upon filing with SDAT (effective 2023-08-21).

Change: charter amendment
Effective: 2023-08-21

Exact text from the filing

On August 21, 2023, Cottonwood Communities, Inc. (the “Company,” “we,” “our,” and “us”) filed with the State Department of Assessments and Taxation of Maryland (the “SDAT”) Articles Supplementary to classify and designate 5,000,000 additional shares of authorized but unissued preferred stock as shares of Series 2023 Preferred Stock

View on SEC.gov

Browse all governance changes →

Source: SEC EDGAR

accession 0001692951-23-000136

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.