Cottonwood Communities, Inc. 8-K

What Happened
Cottonwood Communities, Inc. filed an 8‑K (Item 3.02) announcing additional sales in its ongoing Rule 506(b) private placement of Series A Convertible Preferred Stock. The offering was launched on September 19, 2023, is available only to accredited investors, and has a maximum offering amount of $200,000,000 at a $10.00 per‑share purchase price. Between June 2, 2026 and June 10, 2026 the company issued and sold 285,768 shares and reported aggregate proceeds of $2,838,000.

Key Details

• Offering type: best‑efforts private placement under Rule 506(b) of Regulation D (accredited investors only; no general solicitation).
• Maximum offering size: $200,000,000; purchase price: $10.00 per share.
• Recent sales (June 2–10, 2026): 285,768 shares issued; aggregate proceeds reported $2,838,000.
• Fees and outstanding shares: paid selling commissions of $152,750 and placement fees of $84,090; 12,614,117 shares of Series A Convertible Preferred Stock outstanding as of June 10, 2026.

Why It Matters
This filing documents an ongoing capital‑raising effort that increases the company’s preferred share count and brings in additional cash. For investors, the key takeaways are the size and terms of the private offering, the costs associated with the placement (commissions and fees), and the potential dilution from additional preferred shares outstanding. Because the offering is private and limited to accredited investors under Rule 506(b), these shares were not registered for public resale.