---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-000545"
form_type: "8-K"
ticker: "MITI"
cik: "0000802257"
company_name: "Mitesco, Inc."
filed_at: "2025-05-23T23:59:59+00:00"
generated_at: "2026-05-20T16:42:15.643365+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Mitesco raises $75,000 via 5% OID promissory notes with three institutional investors

## Summary
- Gross proceeds $75,000 from three institutional investors via 5% OID promissory notes; face value $78,750.
- Notes mature in 12 months, bear 0% interest unless default (then 15% p.a.), secured by first-priority lien on all assets.
- Upon default, holders may convert principal + accrued interest into common or preferred stock at VWAP-based price.
- Company must file 8-K describing terms and cause common stock to be quoted on OTCQB within 30 days.
- Issuance exempt under Section 4(a)(2) of the Securities Act; notes include covenants limiting additional debt and dividends.

## SEC filing metadata
- accession: 0001185185-25-000545
- form_type: 8-K
- ticker: MITI
- cik: 0000802257
- company_name: Mitesco, Inc.
- filed_at: 2025-05-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802257/000118518525000545/0001185185-25-000545-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802257/000118518525000545/miti8k052225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-000545
- JSON: https://secwatch.observer/filing/0001185185-25-000545.json
- Plain text: https://secwatch.observer/filing/0001185185-25-000545.txt

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