Mitesco Inc. Issues Senior Secured Promissory Notes in $75,000 Private Placement with Institutional Investors

Reuters
May 24
Mitesco Inc. Issues Senior Secured Promissory Notes in $75,000 Private Placement with Institutional Investors

Mitesco Inc. entered into a transaction with three accredited institutional investors, issuing Senior Secured 5% Original Issue Discount Promissory Notes on May 19, 2025, with gross proceeds of $75,000. The total face value of the Notes is $78,750. The Notes are not immediately convertible to shares unless an event of default occurs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mitesco Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-25-000545), on May 23, 2025, and is solely responsible for the information contained therein.

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