---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-000712"
form_type: "8-K"
ticker: "MITI"
cik: "0000802257"
company_name: "Mitesco, Inc."
filed_at: "2024-07-19T23:59:59+00:00"
generated_at: "2026-05-31T19:24:50.490359+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mitesco hires Brian Valania for data center unit, secures $75K in loans, begins data center offering with 4 clients

## Summary
- Hired Brian Valania as consultant for data center unit at $11,250/month, plus bonus up to $135k/year and up to 200,000 restricted shares.
- Terminated former consultant Betsy Berlin in June 2024 with $10,000 total consideration.
- Entered three lending agreements for $25,000 each at 10% interest from Cavalry Fund, AJB, Mercer Street Capital to fund compliance costs.
- Data center offering launched late June 2024 with four clients and two more migrating; evaluating GIS and Oracle/SAP cloud offerings.

## SEC filing metadata
- accession: 0001185185-24-000712
- form_type: 8-K
- ticker: MITI
- cik: 0000802257
- company_name: Mitesco, Inc.
- filed_at: 2024-07-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802257/000118518524000712/0001185185-24-000712-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802257/000118518524000712/mitesco20240719_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-000712
- JSON: https://secwatch.observer/filing/0001185185-24-000712.json
- Plain text: https://secwatch.observer/filing/0001185185-24-000712.txt

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