other material
confidence high
sentiment neutral
materiality 0.30
Cottonwood Communities sold 147,939 Series A Preferred shares for $1.45M in Jan 2026
Cottonwood Communities, Inc.
- Issued 147,939 shares of Series A Convertible Preferred Stock at $10.00/share, gross proceeds $1,453,700.
- Paid selling commissions of $64,922 and placement fees of $41,511 in connection with the sale.
- As of Jan 26, 2026, 12,148,075 Series A shares outstanding; offering launched Sept 2023 with $150M maximum.
- Sales were part of ongoing private placement under Rule 506(b) to accredited investors.