other_material
confidence high
sentiment neutral
materiality 0.30
Cottonwood Communities issues 157,544 Series A Preferred shares for $1.55M
Cottonwood Communities, Inc.
- Sold 157,544 shares of Series A Convertible Preferred Stock from May 7-14, 2026 at $10.00/share.
- Gross proceeds of $1,547,500; paid $68,850 in selling commissions and $44,325 in placement fees.
- Outstanding Series A shares as of May 14, 2026: 12,606,436.
- Private offering capped at $200M under Rule 506(b) of Regulation D, ongoing since September 2023.
- All sales made solely to accredited investors without general solicitation.
item 3.02