Cottonwood Communities Announces Convertible Preferred Stock Offering Update
| Field | Detail |
|---|---|
| Company | Cottonwood Communities, Inc. |
| Form Type | 8-K |
| Filed Date | Oct 22, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $150,000,000, $10.00, $1,358,000, $43,800, $36,981 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-offering, preferred-stock, capital-raise
Related Tickers: CCI
TL;DR
CCI is selling convertible preferred stock, details coming soon.
AI Summary
Cottonwood Communities, Inc. announced an update on its offering of Series A Convertible Preferred Stock on October 16, 2025. The company is offering shares of its Series A Convertible Preferred Stock, with details of the offering to be provided in a subsequent filing. This filing is an 8-K report detailing unregistered sales of equity securities.
Why It Matters
This filing indicates Cottonwood Communities is raising capital through a convertible preferred stock offering, which could impact its financial structure and future share dilution.
Risk Assessment
Risk Level: medium — Convertible preferred stock offerings can introduce financial leverage and potential dilution for common shareholders.
Key Players & Entities
- Cottonwood Communities, Inc. (company) — Registrant
- Series A Convertible Preferred Stock (equity_security) — Offering
- October 16, 2025 (date) — Date of earliest event reported
- October 22, 2025 (date) — Filing date
FAQ
What is the purpose of the Series A Convertible Preferred Stock offering?
The filing does not explicitly state the purpose of the offering, but it is an unregistered sale of equity securities.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 16, 2025.
What type of security is Cottonwood Communities offering?
Cottonwood Communities is offering Series A Convertible Preferred Stock.
Where is Cottonwood Communities, Inc. headquartered?
Cottonwood Communities, Inc. is headquartered at 1245 Brickyard Road, Suite 250, Salt Lake City, Utah 84106.
Is this a registered offering of securities?
The filing indicates it is an 'Unregistered Sales of Equity Securities'.
Filing Stats: 516 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2025-10-22 15:17:30
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
- $1,358,000 — ring and received aggregate proceeds of $1,358,000. In connection with the sale of these s
- $43,800 — e paid aggregate selling commissions of $43,800 and placement fees of $36,981. As of Oc
- $36,981 — ssions of $43,800 and placement fees of $36,981. As of October 21, 2025, there were 10,
Filing Documents
- cci-20251016.htm (8-K) — 23KB
- 0001692951-25-000246.txt ( ) — 129KB
- cci-20251016.xsd (EX-101.SCH) — 2KB
- cci-20251016_lab.xml (EX-101.LAB) — 20KB
- cci-20251016_pre.xml (EX-101.PRE) — 12KB
- cci-20251016_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 October 8, 2025 through October 21, 2025, we issued and sold 140,239 shares of Series A Convertible Preferred Stock in the Series A Convertible Private Offering and received aggregate proceeds of $1,358,000. In connection with the sale of these shares in the Series A Convertible Private Offering, we paid aggregate selling commissions of $43,800 and placement fees of $36,981. As of October 21, 2025, there were 10,903,353 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 22, 2025