other_material
confidence high
sentiment neutral
materiality 0.25
Cottonwood Communities sells 183,037 Series A Preferred shares for $1.78M
Cottonwood Communities, Inc.
- Issued 183,037 shares of Series A Convertible Preferred Stock at $10.00/share from June 5–16, 2025.
- Net proceeds of $1,780,000; paid selling commissions of $78,300 and placement fees of $52,613.
- Total outstanding Series A Preferred shares as of June 16, 2025: 8,939,169.
- Offering is a best-efforts private placement under Rule 506(b) to accredited investors.
item 3.02