other material
confidence high
sentiment neutral
materiality 0.35
Cottonwood Communities issues 214,833 Series A Preferred shares for $2.1M in Apr-May 2026
Cottonwood Communities, Inc.
- Issued and sold 214,833 shares of Series A Convertible Preferred at $10/share from Apr 29 to May 6, 2026, raising $2,116,000.
- Paid $105,960 in selling commissions and $60,330 in placement fees in connection with the sales.
- Total outstanding Series A Convertible Preferred shares as of May 6, 2026: 12,448,893.
- Offering is a best-efforts private placement under Rule 506(b) with a maximum of $200M, launched September 2023.