other material
confidence high
sentiment neutral
materiality 0.25
Cottonwood Communities sells 285,768 Series A Preferred shares for $2.84M in private placement
Cottonwood Communities, Inc.
- Sold 285,768 shares of Series A Convertible Preferred Stock for net proceeds of $2.84M from June 2-10, 2026.
- Paid aggregate selling commissions of $152,750 and placement fees of $84,090.
- After issuance, total outstanding Series A Preferred shares are 12,614,117.
- The offering, launched Sept 2023, has a maximum of $200M at $10.00/share to accredited investors under Rule 506(b).