---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-001150"
form_type: "8-K"
ticker: "MITI"
cik: "0000802257"
company_name: "Mitesco, Inc."
filed_at: "2024-11-18T23:59:59+00:00"
generated_at: "2026-05-29T23:27:27.412140+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Mitesco restructures $10M+ debt into equity, pivots to data center operations

## Summary
- Converted over $10M of obligations into 2.5M restricted common shares at $4.00 per share.
- Exchanging $13.5M of Series D/F Preferred for ~535,000 shares of new Series A Amortizing Convertible Preferred (stated value $25).
- Board issued 150,000 restricted shares each to three directors (total $153K charge) for 2024 services.
- Anglo Irish Management LLC now holds 29.88% of total voting power via Series X Preferred shares.
- Company refocusing on data center services, competing with AWS/Microsoft, aiming to extinguish remaining obligations by Dec 31, 2024.

## SEC filing metadata
- accession: 0001185185-24-001150
- form_type: 8-K
- ticker: MITI
- cik: 0000802257
- company_name: Mitesco, Inc.
- filed_at: 2024-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802257/000118518524001150/0001185185-24-001150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802257/000118518524001150/mitesco20241115_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-001150
- JSON: https://secwatch.observer/filing/0001185185-24-001150.json
- Plain text: https://secwatch.observer/filing/0001185185-24-001150.txt

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