other_material
confidence high
sentiment neutral
materiality 0.25
Cottonwood Communities raises $2.3M in preferred stock sales through Aug 11
Cottonwood Communities, Inc.
- Issued 140,523 Series A Convertible Preferred shares for $1.38M proceeds.
- Issued 90,114 Series 2025 Preferred shares for cash proceeds of $881,993.
- Exchanged 124,000 Series 2025 shares for outstanding Series 2019/2023 stock.
- Paid $74,170 commissions and $41,085 fees on Series A; $34,920 and $26,274 on Series 2025.
- Total Series A outstanding: 9,726,829; Series 2025: 8,722,841 as of Aug 11, 2025.
item 3.02