---
schema_version: "secwatch.filing_event.v1"
accession: "0001692951-23-000136"
form_type: "8-K"
ticker: null
cik: "0001692951"
company_name: "Cottonwood Communities, Inc."
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T04:53:22.662162+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001692951-23-000136
- form_type: 8-K
- cik: 0001692951
- company_name: Cottonwood Communities, Inc.
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692951/000169295123000136/0001692951-23-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692951/000169295123000136/cci-20230821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692951-23-000136
- JSON: https://secwatch.observer/filing/0001692951-23-000136.json
- Plain text: https://secwatch.observer/filing/0001692951-23-000136.txt

## Key facts
- Governance Changes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692951/000169295123000136/0001692951-23-000136-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.