---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-001167"
form_type: "8-K"
ticker: "MITI"
cik: "0000802257"
company_name: "Mitesco, Inc."
filed_at: "2024-11-22T23:59:59+00:00"
generated_at: "2026-05-29T20:13:24.768385+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mitesco restructures $25M+ in debt and preferred; issues ~2.5M shares at $4.00

## Summary
- Converted over $12M in accounts payable, notes, and preferred shares into ~2.5M restricted common at $4.00/share.
- Exchanged over $13M of Series D/F preferred for 534,835 Series A Convertible Preferred shares (stated value $25).
- Series A Preferred: no interest, redeemable monthly from Jan 2025 at 105% cash or 90% of avg low closing price.
- Remaining ~$1.1M in 7 instruments including ~$964K notes; negotiations with former insiders continue.
- Company refocusing on data center/cloud; expects substantial gain on extinguishment; registration filing within 120 days.

## SEC filing metadata
- accession: 0001185185-24-001167
- form_type: 8-K
- ticker: MITI
- cik: 0000802257
- company_name: Mitesco, Inc.
- filed_at: 2024-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802257/000118518524001167/0001185185-24-001167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802257/000118518524001167/mitesco20241122_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-001167
- JSON: https://secwatch.observer/filing/0001185185-24-001167.json
- Plain text: https://secwatch.observer/filing/0001185185-24-001167.txt

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