other_material
confidence high
sentiment neutral
materiality 0.25
Cottonwood Communities raises $1.3M in Series A Preferred offering; total outstanding 10.6M shares
Cottonwood Communities, Inc.
- Sold 133,653 shares of Series A Convertible Preferred for proceeds of $1,302,000 during Sept 19-28, 2025.
- Total Series A Convertible Preferred shares outstanding as of Sept 28, 2025: 10,568,987.
- Private placement is a best-efforts offering of up to $150M under Rule 506(b) to accredited investors.
- Paid aggregate selling commissions of $57,120 and placement fees of $35,385 on the sale.
item 3.02