{"schema_version":"secwatch.filing_event.v1","accession":"0001692951-24-000023","form_type":"8-K","ticker":null,"cik":"0001692951","company_name":"Cottonwood Communities, Inc.","filed_at":"2024-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.144759+00:00","generated_at":"2026-06-06T04:21:53.859210+00:00","sec_items":["3.02","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Cottonwood Communities amends Series A Preferred conversion terms and sells additional shares in private placement","bullets":["Filed Articles of Amendment on Feb 7, 2024, shortening conversion period of Series A Convertible Preferred from five years to two years.","Sold 113,129 shares of Series A Preferred in private placement from Feb 5-11, 2024, raising $1,127,500 in aggregate proceeds.","Paid selling commissions of $64,650 and placement fees of $33,300 in connection with the sales.","As of Feb 11, 2024, 595,241 shares of Series A Convertible Preferred were outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001692951-24-000023","json":"https://secwatch.observer/filing/0001692951-24-000023.json","markdown":"https://secwatch.observer/filing/0001692951-24-000023.md","text":"https://secwatch.observer/filing/0001692951-24-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692951/000169295124000023/0001692951-24-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692951/000169295124000023/cci-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:21:53.859210+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"600510a8e5fdeee7ae4951384b4a9ed72348e66e","claim":"Cottonwood Communities, Inc.: Amended Articles of Amendment to allow conversion of Series A Convertible Preferred Stock into Class I common stock after a two-year holding period, earlier than the prior five-year period (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, the Company filed with the State Department of Assessments and Taxation of the State of Maryland (the “SDAT”) Articles of Amendment to provide that the Series A Convertible Preferred Stock, as designated by the Company on September 18, 2023, may be converted into Class I common stock of the Company at the option of the holder beginning after the holder has held the Series A Convertible Preferred Stock for two years, which is earlier than the five-year time period in effect prior to the amendment.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692951/000169295124000023/0001692951-24-000023-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-02-07"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}