secwatch.observer — SEC 8-K summary
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Issuer:     Mitesco, Inc. (MITI)
CIK:        0000802257
Form:       8-K/A
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0001185185-25-000857
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 3.02, 5.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/802257/000118518525000857/0001185185-25-000857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/802257/000118518525000857/miti8ka072525.htm
  HTML page:      https://secwatch.observer/filing/0001185185-25-000857

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