secwatch.observer — SEC 8-K summary
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Issuer:     Mitesco, Inc. (MITI)
CIK:        0000802257
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001185185-24-000986
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mitesco creates advisory board, appoints Crawford and Clifton each receiving $60K in restricted stock at $0.80/share
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- Board authorized Advisory Board creation in early 2024; two appointments made on October 11, 2024.
- Each new member receives $60K in restricted stock at $0.80/share, issuing 75,000 shares each (150,000 total).
- Crawford has 20+ years in data center development; Clifton has 20+ years in software sales, most recently at Center Square DC and Alteryx respectively.
- Advisory board provides non-binding strategic advice; members have no fiduciary duties or voting rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/802257/000118518524000986/0001185185-24-000986-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/802257/000118518524000986/mitesco20241007_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-24-000986

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer