{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-24-000538","form_type":"8-K","ticker":"MITI","cik":"0000802257","company_name":"Mitesco, Inc.","filed_at":"2024-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.013959+00:00","generated_at":"2026-06-01T22:12:55.775157+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Mitesco forms data center subsidiary, issues 300k shares to advisors, secures $99k loans","bullets":["Advisory Board created; four members each granted 75,000 restricted shares at $0.80/share (300,000 total) for 12-month service.","William Thein appointment terminated; no consideration paid due to shift from consumer products to technology focus.","Consulting agreement with Betsy Berlin: 12-month term, $10k/month salary, plus up to 75,000 restricted shares subject to performance.","Three lending agreements with Cavalry Fund, AJB, and Mercer Street Capital: each $33,000 at 10% interest, 12-month term, proceeds for compliance costs.","New wholly-owned subsidiary formed to develop secure data center operations and infrastructure-focused cybersecurity solutions."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-24-000538","json":"https://secwatch.observer/filing/0001185185-24-000538.json","markdown":"https://secwatch.observer/filing/0001185185-24-000538.md","text":"https://secwatch.observer/filing/0001185185-24-000538.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/802257/000118518524000538/0001185185-24-000538-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/802257/000118518524000538/mitesco20240512_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T22:12:55.775157+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dd95eb914ae3f831b8d651e9b0558a8976fb8f72","claim":"Mitesco, Inc. entered into a credit facility with Cavalry Fund, AJB and Mercer Street Capital valued at $33,000 each (effective 2024-05-13).","evidence_excerpt":"the Company entered into a lending agreement with each of three (3) of its historical institutional investors, Cavalry Fund, AJB and Mercer Street Capital (“the Lenders”). The notes provide $33,000 of proceeds each, are for 12-month period, and earn interest at ten percent (10%) per year.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/802257/000118518524000538/0001185185-24-000538-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Cavalry Fund, AJB and Mercer Street Capital"},{"label":"Value","value":"$33,000 each"},{"label":"Effective","value":"2024-05-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}