other
confidence high
sentiment neutral
materiality 0.30
Cottonwood Communities issues 91,902 Series 2025 Preferred shares for $914k cash in private placement
Cottonwood Communities, Inc.
- Issued 91,902 shares of Series 2025 Preferred Stock for cash proceeds of $914,236 between July 8-22, 2025.
- Also issued 88,597 shares in exchange for Series 2019 and Series 2023 Preferred Stock during the same period.
- Paid selling commissions of $51,854 and placement fees of $27,355 on cash sales; exchange sales incurred $10,440 and $19,499.
- Total outstanding Series 2025 Preferred Stock as of July 22, 2025: 8,522,061 shares.
- Offering exempt under Rule 506(b); maximum aggregate $150M, originally launched December 9, 2024.
item 3.02