---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-000124"
form_type: "8-K"
ticker: "MITI"
cik: "0000802257"
company_name: "Mitesco, Inc."
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:30:01.472525+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Mitesco enters $50k bridge loans with two institutional investors; settles wrongful termination suit for $3k

## Summary
- Received $50k in proceeds from two bridge notes (Cavalry Fund and Mercer Street Capital) at 10% interest, maturing January 2025.
- Proceeds earmarked for SEC reporting, audit, legal and accounting compliance costs.
- Resolved former employee wrongful termination lawsuit (The Good Clinic) for $3,000 total; expects dismissal shortly.
- Company in discussions to settle remaining litigation matters from winding down clinic business within the quarter.

## SEC filing metadata
- accession: 0001185185-24-000124
- form_type: 8-K
- ticker: MITI
- cik: 0000802257
- company_name: Mitesco, Inc.
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802257/000118518524000124/0001185185-24-000124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802257/000118518524000124/mitesco20240124_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-000124
- JSON: https://secwatch.observer/filing/0001185185-24-000124.json
- Plain text: https://secwatch.observer/filing/0001185185-24-000124.txt

## Key facts
- Material Agreements
  Mitesco, Inc. entered into a notes offering with Cavalry Fund and Mercer Street Capital valued at $25,000 of proceeds each (effective 2024-01-24).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Cavalry Fund and Mercer Street Capital
  - Value: $25,000 of proceeds each
  - Effective: 2024-01-24
  source text: On January 24, 2024 the Company received funding after entering into a lending agreement with each of two (2) of its historical institutional investors, Cavalry Fund and Mercer Street Capital (“the Lenders”). The notes provide $25,000 of proceeds each, are for 12-month period, and earn interest at ten percent (10%) per year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/802257/000118518524000124/0001185185-24-000124-index.htm

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