debt
confidence high
sentiment neutral
materiality 0.65
Mitesco secures $1M convertible financing from C/M Capital; $250K funded
Mitesco, Inc.
- Issued $275K convertible note (10% OID) to C/M Capital Master Fund; initial funding $250K.
- Note matures April 2027, convertible at $0.15 per share, secured by all assets and subsidiary guarantees.
- Securities sold under Regulation D exemption; not registered under Securities Act of 1933.
- Potential total funding up to $1M; note may be prepaid at 110% of outstanding principal.
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