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Mitesco ( (MITI) ) has issued an announcement.
Mitesco entered into Senior Secured 5% Original Issue Discount Promissory Notes with institutional investors for $100,000 on May 19, 2025, funded on June 22, 2025. These notes, with a total face value of $105,000, have a 12-month term and can be converted into common stock in case of default. Additionally, during Q2 FY2025, Mitesco issued 33,347 shares of restricted common stock for Series X Preferred stock dividends and redeemed $118,320 of Series A Preferred Stock through the issuance of 402,451 shares.
More about Mitesco
Average Trading Volume: 24,226
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.26M
See more data about MITI stock on TipRanks’ Stock Analysis page.