other material
confidence high
sentiment neutral
materiality 0.25
Cottonwood Communities issues 227,819 Series A Preferred shares for $2.22M in private placement
Cottonwood Communities, Inc.
- Issued 227,819 Series A Convertible Preferred shares at $10.00/share from Dec 17, 2025 to Jan 1, 2026.
- Gross proceeds of $2,220,500; net after commissions and fees totaled $2,074,422.
- Selling commissions of $86,860 and placement fees of $59,218 paid in connection with the sales.
- Outstanding Series A Convertible Preferred shares as of Jan 1, 2026: 11,982,475.
- Offering is ongoing with a maximum of $150M; all sales were to accredited investors under Rule 506(b).