---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-000876"
form_type: "8-K"
ticker: "MITI"
cik: "0000802257"
company_name: "Mitesco, Inc."
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:46:47.107296+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mitesco enters $50K promissory notes at 10% interest; plans Q4 debt restructuring

## Summary
- Two 12-month promissory notes of $25k each at 10% interest with Mercer Street Capital and AJB.
- Proceeds used to fund SEC reporting, audit, legal and accounting compliance costs.
- Company plans to eliminate obligations from 'The Good Clinic' operations (ceased late 2022).
- Series F Preferred terms reset to eliminate all interest payments; broader debt consolidation targeted for Q4 2024.
- No assurance of successful restructuring; discussions with investors, note holders, and former vendors ongoing.

## SEC filing metadata
- accession: 0001185185-24-000876
- form_type: 8-K
- ticker: MITI
- cik: 0000802257
- company_name: Mitesco, Inc.
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802257/000118518524000876/0001185185-24-000876-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802257/000118518524000876/mitesco20240910_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-000876
- JSON: https://secwatch.observer/filing/0001185185-24-000876.json
- Plain text: https://secwatch.observer/filing/0001185185-24-000876.txt

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