other material
confidence high
sentiment neutral
materiality 0.40
Mitesco issues 1.38M restricted shares for Series X dividends and Series A redemption
Mitesco, Inc.
- On April 14, 2025, issued 16,286 restricted common shares for Feb–Mar Series X Preferred dividends (10% annual rate).
- Issued 1,366,394 restricted common shares to redeem $500,545 of Series A Amortizing Convertible Preferred, effective March 31, 2025.
- Series A Preferred outstanding reduced from 563,077 to 546,063 shares after Q1 FY2025 redemptions.
- Series X Preferred: 19,703 shares outstanding, $492,575 face value, dividends paid in common stock at monthly closing price.