Mitesco provides business update: new auditor, capital structure changes, acquisition plans

Mitesco, Inc.

Engaged Accell Group as new PCOAB-qualified auditor, effective immediately, to support 10-K filing.
Terminated stock option program, cancelled reverse stock split, reduced Series X preferred dividends retroactive to July 2023.
Recruiting new Advisory Board to evaluate acquisition candidates in technology, service, and product sectors.
Working to complete Annual Report for year ended Dec 31, 2023; accounting support team applying new resources.
Institutional investors continue funding through 12-month simple notes.

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