other_material
confidence high
sentiment neutral
materiality 0.45
Cottonwood Communities sells 257,866 shares of Series 2025 Preferred Stock, raising $2.54M
Cottonwood Communities, Inc.
- Issued 257,866 shares of Series 2025 Preferred Stock at $10/share, generating $2,541,000 in net proceeds.
- Paid $117,060 in selling commissions and $78,077 in placement fees on the sales.
- Total outstanding Series 2025 Preferred Stock shares: 11,314,733 as of May 17, 2026.
- Private placement launched Dec 9, 2024, with a maximum of $150M in shares offered to accredited investors.
item 3.02