other material
confidence high
sentiment neutral
materiality 0.25
Cottonwood Communities sells 203,263 Series A Convertible Preferred shares for $2.0M in private placement
Cottonwood Communities, Inc.
- Issued 203,263 shares of Series A Convertible Preferred Stock from May 15 to June 1, 2026, raising $2.006 million.
- Paid $96,260 in selling commissions and $59,130 in placement fees on the $2.006M raise.
- Offering is a best-efforts private placement under Rule 506(b) with a $200 million maximum.
- Total Series A Convertible Preferred shares outstanding as of June 1, 2026: 12,508,449.
- Each share sold at $10.00; offering originally launched September 19, 2023.