other
confidence high
sentiment neutral
materiality 0.30
Cottonwood Communities sells 54,912 Series 2025 Preferred shares for $537k in private placement
Cottonwood Communities, Inc.
- Issued 54,912 shares for cash, proceeds of $537k; paid selling commissions of $22,920 and placement fees of $14,428.
- Exchanged 61,122 shares for Series 2019/2023 Preferred, no commissions; placement fees of $13,445.
- Series 2025 Private Offering maxes at $150M, $10/share, launched Dec 9, 2024, with exchange ratios up to 1:1.0782.
- As of Sep 21, 2025, total Series 2025 Preferred shares outstanding: 9,239,580.
item 3.02