Mitesco restructures ~$1.1M obligations into stock at $4/sh, cancels all warrants

Mitesco, Inc.

Executed agreements to exchange/cancel ~$1.1M of debts, payables, and preferred shares into ~300,000 restricted common shares at $4.00 per share.
All outstanding warrants cancelled immediately; restructuring participants agreed to warrant cancellation.
Company to file registration statement within 120 days to make shares tradable; goal to extinguish substantially all obligations by Dec 31, 2024.
Management participating on same terms; restructuring aimed at improving balance sheet and capital table.

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