Cottonwood Communities Convertible Preferred Stock Offering Update
| Field | Detail |
|---|---|
| Company | Cottonwood Communities, Inc. |
| Form Type | 8-K |
| Filed Date | Oct 8, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $150,000,000, $10.00, $1,918,200, $98,400, $52,971 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-offering, convertible-stock, unregistered-securities
TL;DR
Cottonwood Communities updates on Series A Convertible Preferred Stock offering.
AI Summary
Cottonwood Communities, Inc. announced an update on its offering of Series A Convertible Preferred Stock on October 2, 2025. The company is providing information regarding the unregistered sales of these equity securities, as detailed in their Form 8-K filing.
Why It Matters
This filing provides crucial information for investors regarding Cottonwood Communities' convertible preferred stock offering, impacting potential investment decisions and company financing.
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.
Key Players & Entities
- Cottonwood Communities, Inc. (company) — Registrant
- Series A Convertible Preferred Stock (equity_security) — Subject of the offering
- October 2, 2025 (date) — Date of earliest event reported
- October 8, 2025 (date) — Filing date
FAQ
What is the primary purpose of this Form 8-K filing?
The primary purpose is to report on the unregistered sales of equity securities, specifically an update on the Series A Convertible Preferred Stock offering.
What type of security is Cottonwood Communities updating investors on?
Cottonwood Communities is providing an update on its Series A Convertible Preferred Stock offering.
On what date was the earliest event reported in this filing?
The earliest event reported in this filing occurred on October 2, 2025.
When was this Form 8-K filed with the SEC?
This Form 8-K was filed with the SEC on October 8, 2025.
What is the company's principal executive office address?
The company's principal executive office is located at 1245 Brickyard Road, Suite 250, Salt Lake City, Utah 84106.
Filing Stats: 516 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2025-10-08 12:13:19
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
- $1,918,200 — ring and received aggregate proceeds of $1,918,200. In connection with the sale of these s
- $98,400 — e paid aggregate selling commissions of $98,400 and placement fees of $52,971. As of Oc
- $52,971 — ssions of $98,400 and placement fees of $52,971. As of October 7, 2025, there were 10,7
Filing Documents
- cci-20251002.htm (8-K) — 23KB
- 0001692951-25-000236.txt ( ) — 129KB
- cci-20251002.xsd (EX-101.SCH) — 2KB
- cci-20251002_lab.xml (EX-101.LAB) — 20KB
- cci-20251002_pre.xml (EX-101.PRE) — 12KB
- cci-20251002_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 29, 2025 through October 7, 2025, we issued and sold 194,127 shares of Series A Convertible Preferred Stock in the Series A Convertible Private Offering and received aggregate proceeds of $1,918,200. In connection with the sale of these shares in the Series A Convertible Private Offering, we paid aggregate selling commissions of $98,400 and placement fees of $52,971. As of October 7, 2025, there were 10,763,114 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: October 8, 2025