Cottonwood Communities Reports Equity Sales Update
| Field | Detail |
|---|---|
| Company | Cottonwood Communities, Inc. |
| Form Type | 8-K |
| Filed Date | Sep 10, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $150,000,000, $10.00, $1,849,060, $79,860, $52,847 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-offering, unregistered-sale, capital-raise
Related Tickers: CCI
TL;DR
Cottonwood Communities filed an 8-K for unregistered equity sales related to their 2025 Series and Convertible Preferred Offering.
AI Summary
Cottonwood Communities, Inc. filed an 8-K on September 10, 2025, reporting on the unregistered sales of equity securities. The filing specifically references an update regarding their CCI Series 2025 and Convertible Preferred Offering, with the earliest event reported on September 4, 2025.
Why It Matters
This filing provides insight into Cottonwood Communities' ongoing capital-raising activities and potential dilution for existing shareholders.
Risk Assessment
Risk Level: medium — Unregistered sales of equity securities can sometimes indicate a need for capital or potential dilution, requiring further investigation.
Key Players & Entities
- Cottonwood Communities, Inc. (company) — Registrant
- September 4, 2025 (date) — Earliest event reported
- September 10, 2025 (date) — Date of report
- CCI Series 2025 and Convertible Preferred Offering (offering) — Subject of the filing update
FAQ
What specific equity securities were sold in this unregistered offering?
The filing does not specify the exact type or amount of equity securities sold, only that it pertains to the CCI Series 2025 and Convertible Preferred Offering.
What was the purpose of this unregistered sale of equity securities?
The filing does not explicitly state the purpose of the unregistered sale, but it is related to the CCI Series 2025 and Convertible Preferred Offering.
Were these securities sold to accredited investors?
The filing indicates 'Unregistered Sales of Equity Securities,' which typically implies sales to qualified or accredited investors, but this is not explicitly confirmed in the provided text.
What is the total amount raised from this offering?
The filing does not disclose the total amount raised from this offering.
When did the earliest event related to this offering occur?
The earliest event reported in relation to this offering occurred on September 4, 2025.
Filing Stats: 756 words · 3 min read · ~3 pages · Grade level 12.6 · Accepted 2025-09-10 14:06:35
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
- $1,849,060 — ring and received aggregate proceeds of $1,849,060. In connection with the sale of these s
- $79,860 — e paid aggregate selling commissions of $79,860 and placement fees of $52,847. As of Se
- $52,847 — ssions of $79,860 and placement fees of $52,847. As of September 9, 2025, there were 10
- $623,700 — ring and received aggregate proceeds of $623,700. In connection with the sale of these s
- $34,422 — ffering, we paid selling commissions of $34,422 and aggregate placement fees of $18,146
- $18,146 — $34,422 and aggregate placement fees of $18,146. Additionally, during the same period,
- $46,500 — d paid aggregate selling commissions of $46,500 and placement fees of $23,013. As of Se
- $23,013 — ssions of $46,500 and placement fees of $23,013. As of September 9, 2025, there were 9,
Filing Documents
- cci-20250904.htm (8-K) — 25KB
- 0001692951-25-000216.txt ( ) — 132KB
- cci-20250904.xsd (EX-101.SCH) — 2KB
- cci-20250904_lab.xml (EX-101.LAB) — 20KB
- cci-20250904_pre.xml (EX-101.PRE) — 12KB
- cci-20250904_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 September 30, 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 August 29, 2025 through September 9, 2025, we issued and sold 188,513 shares of Series A Convertible Preferred Stock in the Series A Convertible Private Offering and received aggregate proceeds of $1,849,060. In connection with the sale of these shares in the Series A Convertible Private Offering, we paid aggregate selling commissions of $79,860 and placement fees of $52,847. As of September 9, 2025, there were 10,086,508 shares of Series A Convertible Preferred Stock outstanding. Sales of Series 2025 Preferred Stock During the period from September 2, 2025 through September 9, 2025, we issued and sold 62,