Cottonwood Communities Updates Convertible Preferred Stock Offering
| Field | Detail |
|---|---|
| Company | Cottonwood Communities, Inc. |
| Form Type | 8-K |
| Filed Date | Sep 19, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $150,000,000, $10.00, $3,475,500, $196,530, $104,265 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-offering, convertible-securities, unregistered-sale
Related Tickers: CCI
TL;DR
Cottonwood Communities (CCI) filed an 8-K updating its convertible preferred stock offering details.
AI Summary
Cottonwood Communities, Inc. announced an update on its offering of Series A Convertible Preferred Stock on September 15, 2025. The company is providing information regarding this unregistered sale of equity securities, as detailed in their Form 8-K filing.
Why It Matters
This filing provides crucial details for investors regarding an ongoing convertible preferred stock offering, impacting the company's capital structure and potential future dilution.
Risk Assessment
Risk Level: medium — The filing concerns unregistered sales of equity securities, which can carry higher risks for investors due to less regulatory oversight and disclosure compared to registered offerings.
Key Players & Entities
- Cottonwood Communities, Inc. (company) — Registrant
- Series A Convertible Preferred Stock (equity_security) — Subject of the offering
- September 15, 2025 (date) — Date of earliest event reported
- 000-56165 (company_id) — Commission file number
- 61-1805524 (tax_id) — IRS employer identification number
FAQ
What type of securities are being offered by Cottonwood Communities, Inc.?
Cottonwood Communities, Inc. is updating information regarding an offering of Series A Convertible Preferred Stock.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 15, 2025.
What is the Commission file number for Cottonwood Communities, Inc.?
The Commission file number for Cottonwood Communities, Inc. is 000-56165.
What is the IRS employer identification number for Cottonwood Communities, Inc.?
The IRS employer identification number for Cottonwood Communities, Inc. is 61-1805524.
What is the primary purpose of this Form 8-K filing?
This Form 8-K filing is to report an unregistered sale of equity securities, specifically an update on the Series A Convertible Preferred Stock offering.
Filing Stats: 516 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2025-09-19 14:46:04
Key Financial Figures
- $150,000,000 — nt to which it is offering a maximum of $150,000,000 in shares of its Series A Convertible P
- $10.00 — ivate Offering") at a purchase price of $10.00 per share. The exemption is available t
- $3,475,500 — ring and received aggregate proceeds of $3,475,500. In connection with the sale of these s
- $196,530 — e paid aggregate selling commissions of $196,530 and placement fees of $104,265. As of S
- $104,265 — sions of $196,530 and placement fees of $104,265. As of September 18, 2025, there were 1
Filing Documents
- cci-20250915.htm (8-K) — 23KB
- 0001692951-25-000229.txt ( ) — 129KB
- cci-20250915.xsd (EX-101.SCH) — 2KB
- cci-20250915_lab.xml (EX-101.LAB) — 20KB
- cci-20250915_pre.xml (EX-101.PRE) — 12KB
- cci-20250915_htm.xml (XML) — 2KB
02 Unregistered Sales of Equity Securities
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. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COTTONWOOD COMMUNITIES, INC. By: /s/ Enzio Cassinis Name: Enzio Cassinis Title: President Date: September 19, 2025