Cottonwood Communities Reports Equity Offering Update
| Field | Detail |
|---|---|
| Company | Cottonwood Communities, Inc. |
| Form Type | 8-K |
| Filed Date | Aug 12, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $150,000,000, $10.00, $1,380,000, $74,170, $41,085 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-offering, unregistered-sales
Related Tickers: CCI
TL;DR
Cottonwood Communities (CCI) filed an 8-K on their Series 2025 & Conv. Preferred Offering.
AI Summary
Cottonwood Communities, Inc. filed an 8-K on August 12, 2025, reporting on unregistered sales of equity securities as of August 6, 2025. The filing pertains to an update on their CCI Series 2025 and Convertible Preferred Offering.
Why It Matters
This filing provides an update on Cottonwood Communities' ongoing equity offerings, which could impact the company's capital structure and future growth prospects.
Risk Assessment
Risk Level: low — The filing is an update on an existing offering and does not appear to contain new material adverse information.
Key Players & Entities
- Cottonwood Communities, Inc. (company) — Registrant
- CCI Series 2025 and Convertible Preferred Offering (equity_offering) — Subject of the filing
- August 6, 2025 (date) — Date of earliest event reported
- August 12, 2025 (date) — Filing date
FAQ
What type of securities were sold in the unregistered offering?
The filing indicates unregistered sales of equity securities related to the CCI Series 2025 and Convertible Preferred Offering, but specific details on the exact securities are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on August 6, 2025.
What is the company's principal executive office address?
The company's principal executive offices are located at 1245 Brickyard Road, Suite 250, Salt Lake City, Utah 84106.
What is the filing date of this 8-K?
This 8-K filing was made as of August 12, 2025.
What is the SIC code for Cottonwood Communities, Inc.?
The Standard Industrial Classification (SIC) code for Cottonwood Communities, Inc. is 6798, which corresponds to Real Estate Investment Trusts.
Filing Stats: 756 words · 3 min read · ~3 pages · Grade level 12.5 · Accepted 2025-08-12 13:18:55
Key Financial Figures
- $150,000,000 — 19, 2023, we are offering a maximum of $150,000,000 in shares of our Series A Convertible P
- $10.00 — ivate Offering") at a purchase price of $10.00 per share. In an offering launched Dece
- $1,380,000 — ring and received aggregate proceeds of $1,380,000. In connection with the sale of these s
- $74,170 — e paid aggregate selling commissions of $74,170 and placement fees of $41,085. As of Au
- $41,085 — ssions of $74,170 and placement fees of $41,085. As of August 11, 2025, there were 9,72
- $881,993 — ring and received aggregate proceeds of $881,993. In connection with the sale of these s
- $34,920 — ffering, we paid selling commissions of $34,920 and aggregate placement fees of $26,274
- $26,274 — $34,920 and aggregate placement fees of $26,274. Additionally, during the same period,
- $62,400 — d paid aggregate selling commissions of $62,400 and placement fees of $31,765. As of Au
- $31,765 — ssions of $62,400 and placement fees of $31,765. As of August 11, 2025, there were 8,72
Filing Documents
- cci-20250806.htm (8-K) — 25KB
- 0001692951-25-000192.txt ( ) — 132KB
- cci-20250806.xsd (EX-101.SCH) — 2KB
- cci-20250806_lab.xml (EX-101.LAB) — 20KB
- cci-20250806_pre.xml (EX-101.PRE) — 12KB
- cci-20250806_htm.xml (XML) — 2KB
02 Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities. Preferred Offerings Cottonwood Communities, Inc. (the "Company," "we," "our," or "us") is conducting multiple best-efforts private placement offerings pursuant to which we are offering certain series of our preferred stock to accredited investors. These offerings are exempt from registration pursuant to Rule 506(b) of Regulation D of the Securities Act because the shares are being offered and sold solely to accredited investors without the use of general solicitation. In an offering launched September 19, 2023, we are offering a maximum of $150,000,000 in shares of our Series A Convertible Preferred Stock (the "Series A Convertible Private Offering") at a purchase price of $10.00 per share. In an offering launched December 9, 2024, we are offering a maximum of $150,000,000 in shares of our Series 2025 Preferred Stock (the "Series 2025 Private Offering"). The Series 2025 Preferred Stock is being offered (i) for cash at a purchase price of $10.00 per share (with discounts available to certain categories of purchasers) and (ii) through August 31, 2025 (which date may be extended), in exchange for the outstanding shares of our Series 2019 Preferred Stock at a ratio between 1:1 and 1:1.0782 and our Series 2023 Preferred Stock at a ratio of 1:1. Sales of Series A Convertible Stock During the period from July 30, 2025 through August 11, 2025, we issued and sold 140,523 shares of Series A Convertible Preferred Stock in the Series A Convertible Private Offering and received aggregate proceeds of $1,380,000. In connection with the sale of these shares in the Series A Convertible Private Offering, we paid aggregate selling commissions of $74,170 and placement fees of $41,085. As of August 11, 2025, there were 9,726,829 shares of Series A Convertible Preferred Stock outstanding. Sales of Series 2025 Preferred Stock During the period from July 23, 2025 through August 11, 2025, we issued and sold 90,114 shares of Se