other_material
confidence high
sentiment neutral
materiality 0.25
Cottonwood Communities sells 153,191 Series A Preferred shares for $1.49M in private placement
Cottonwood Communities, Inc.
- Issued and sold 153,191 shares of Series A Convertible Preferred Stock at $10.00/share.
- Aggregate net proceeds of $1,485,900 after $52,980 in commissions and $44,434 in placement fees.
- Total Series A Preferred outstanding reached 9,589,306 shares as of July 29, 2025.
- Offering is a best-efforts exempt private placement under Rule 506(b) with a $150M maximum cap.
item 3.02