Mitesco enters $105K secured promissory note and updates control percentages

Mitesco, Inc.

Entered Senior Secured 5% OID Notes with two institutional investors for gross proceeds of $100,000, funded June 22, 2025.
Total face value of Notes is $105,000; 12-month term; default interest at 15% and convertible into common stock upon default.
Issued 33,347 shares of restricted common stock for Q2 FY2025 dividends on Series X Preferred (10% annual interest rate).
Redeemed $118,320 of Series A Preferred Stock by issuing 402,451 common shares; ongoing monthly redemptions.
Updated voting control: Anglo Irish Management LLC holds 26.37% of total voting power; officers/directors group holds 13.06%.

item 1.01item 3.02item 5.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.