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Mitesco Secures $75,000 Financing with Promissory Notes

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Mitesco Secures $75,000 Financing with Promissory Notes

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An announcement from Mitesco ( (MITI) ) is now available.

Mitesco has entered into financing agreements involving Senior Secured 5% Original Issue Discount Promissory Notes with three institutional investors, resulting in gross proceeds of $75,000 on May 19, 2025, funded on May 20, 2025. These notes carry a twelve-month term and are convertible into common stock in the event of default, which includes failure to pay the debt on the maturity date or other specified conditions.

More about Mitesco

Average Trading Volume: 16,369

Technical Sentiment Signal: Sell

Current Market Cap: $4.41M

See more insights into MITI stock on TipRanks’ Stock Analysis page.

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