---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-001292"
form_type: "8-K"
ticker: "MITI"
cik: "0000802257"
company_name: "Mitesco, Inc."
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:50:45.912663+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mitesco sells The Good Clinic assets to former CEO for ~$2.5M debt cancellation; director resigns

## Summary
- Sold remaining assets of The Good Clinic LLC to Leading Primary Care LLC (formed by former CEO Michael Howe) in exchange for cancelling ~$2.5M in notes payable and accrued interest.
- Company expects to recognize a gain of approximately $2.5M on the transaction, but significant liabilities remain in The Good Clinic LLC.
- Michael Howe exchanged 500K Series D preferred shares (~$0.5M stated value) plus accrued dividends and salary for 655 shares of Series F Preferred (liquidation value ~$0.6M).
- Director Allen Plunk resigned on December 12, 2023; the resignation was not due to any disagreement with the company but personal matters.

## SEC filing metadata
- accession: 0001185185-23-001292
- form_type: 8-K
- ticker: MITI
- cik: 0000802257
- company_name: Mitesco, Inc.
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802257/000118518523001292/0001185185-23-001292-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802257/000118518523001292/mitesco20231212_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-001292
- JSON: https://secwatch.observer/filing/0001185185-23-001292.json
- Plain text: https://secwatch.observer/filing/0001185185-23-001292.txt

## Key facts
- Executive change
  Allen Plunk resigned as Director at Mitesco, Inc..
  - Action: resigned
  - Role: Director
  source text: On December 12, 2023, Mr. Allen Plunk resigned from his position as a director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/802257/000118518523001292/0001185185-23-001292-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.