other_material
confidence high
sentiment neutral
materiality 0.50
Mitesco raises $100K in bridge notes; Anglo Irish becomes controlling shareholder with 26.37% voting power
Mitesco, Inc.
- Issued $105K face value senior secured promissory notes (5% OID) to two institutional investors; net proceeds $100K.
- Series X preferred dividend paid via 33,347 restricted common shares in Q2 FY2025 to Leath, Balencic, Mitchell, Anglo Irish.
- Series A preferred redemptions: 402,451 common shares issued to redeem $118,320 of Series A stock in Q2.
- Anglo Irish Management LLC now owns 26.37% of total voting shares (5,000,000 super votes + 174,641 common).
- Company issued a business update press release on June 18, 2025; no details in this filing.
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