other material
confidence high
sentiment neutral
materiality 0.40
Cottonwood Communities updates Series A Preferred stock sales; $1.6M raised Feb 17-26
Cottonwood Communities, Inc.
- Issued 170,442 shares of Series A Convertible Preferred at $10.00/share from Feb 17-26, 2026.
- Gross proceeds $1,618,000; net after commissions ($28,430) and placement fees ($36,833).
- Total outstanding Series A shares as of Feb 26, 2026: 12,785,064.
- Private offering exempt under Rule 506(b), maximum $150M; no general solicitation used.
- Offering launched Sep 19, 2023; this update covers a two-week sales period.