Mitesco files Certificate of Designations for Series E Convertible Perpetual Preferred Stock

Mitesco, Inc.

10,000 shares of Series E Preferred authorized; $1,000 stated value, $0.01 par.
Company may redeem Series E at 110% of issuance price ($1,100) plus dividends.
Series E convertible into common at VWAP or qualified offering price, floor $0.05.
Holders have majority vote on amendments affecting Series E preferences or senior classes.
No actual issuance disclosed; filing establishes the series as a financing tool.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Mitesco, Inc.: Filed a Certificate of Designations for Series E Convertible Perpetual Preferred Stock (effective 2022-11-07).

Change: charter amendment
Effective: 2022-11-07

Exact text from the filing

On November 7, 2022, Mitesco, Inc. (the “ Company ”) filed a Certificate of Designations, Preferences and Rights of Series E Convertible Perpetual Preferred Stock (the “ Series E ”) with the Delaware Secretary of State (the " Certificate of Designations ").

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Mitesco, Inc. filing history →

Source: SEC EDGAR

accession 0001185185-22-001308

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