Cottonwood Communities Inc.
09/19/2025 | Press release | Archived content
Private Placement (Form 8-K)
Item 3.02 Unregistered Sales of Equity Securities.
Preferred Offering
On September 19, 2023, Cottonwood Communities, Inc. (the "Company") launched a best-efforts private placement offering exempt from registration pursuant to Rule 506(b) of Regulation D of the Securities Act pursuant to which it is offering a maximum of $150,000,000 in shares of its Series A Convertible Preferred Stock to accredited investors (the "Private Offering") at a purchase price of $10.00 per share. The exemption is available to the Company because the shares are being offered and sold solely to accredited investors without the use of general solicitation.
Sales of Series A Convertible Stock
During the period from September 10, 2025 through September 18, 2025, we issued and sold 348,827 shares of Series A Convertible Preferred Stock in the Series A Convertible Private Offering and received aggregate proceeds of $3,475,500. In connection with the sale of these shares in the Series A Convertible Private Offering, we paid aggregate selling commissions of $196,530 and placement fees of $104,265. As of September 18, 2025, there were 10,435,335 shares of Series A Convertible Preferred Stock outstanding.
Cottonwood Communities Inc. published this content on September 19, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 23, 2025 at 15:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]