other material
confidence high
sentiment neutral
materiality 0.35
Mitesco engages Spartan Capital as exclusive financial advisor; to issue 150k restricted shares
Mitesco, Inc.
- Spartan to provide general financial advisory services including strategic planning and capital raising.
- Compensation: 150,000 restricted common shares upfront, plus 50,000 additional upon raising at least $2M.
- Cash fee of 8% on capital raised; 12-month right of first refusal on future equity offerings.
- Shares issued under Section 4(a)(2) exemption; carry piggyback registration rights.