Cottonwood Communities, Inc. 8-K
Research Summary
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Cottonwood Communities, Inc. Reports Private Sale of Series 2025 Preferred Stock
What Happened
Cottonwood Communities, Inc. filed an 8-K (Item 3.02) reporting that it is conducting best‑efforts private placement offerings of various series of preferred stock to accredited investors under Rule 506(b) of Regulation D. In an offering launched December 9, 2024 for Series 2025 Preferred Stock, the company issued and sold 150,686 shares between January 28, 2026 and February 17, 2026, raising aggregate gross proceeds of $1,488,000.
Key Details
- The Series 2025 Private Offering has a maximum target of $150,000,000; Series 2025 shares are offered at $10.00 per share (discounts may apply to certain purchasers).
- Issuances from Jan 28, 2026 through Feb 17, 2026: 150,686 shares sold for $1,488,000 gross proceeds.
- Fees paid in connection with these sales: $72,600 in selling commissions and $43,716 in placement fees.
- As of February 17, 2026, 10,488,914 shares of Series 2025 Preferred Stock were outstanding.
Why It Matters
This filing shows the company is raising capital through a Reg D private placement targeted at accredited investors and is actively issuing Series 2025 preferred shares. The reported sales and fees are concrete, recent funding activity and increase the outstanding count of Series 2025 preferred shares — details investors may track for capital structure, potential dividend or liquidation preference effects, and dilution of the preferred series. The proceeds reported are the gross amount; selling commissions and placement fees reduce net cash received.