---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-001499"
form_type: "8-K"
ticker: "MITI"
cik: "0000802257"
company_name: "Mitesco, Inc."
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:20:24.972657+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mitesco closes $50K bridge convertible note at $0.15/share; issues Series X Preferred to directors

## Summary
- 2026 Bridge Note: $50K purchase, $55K principal, 10% OID, 10% interest, 12-month maturity. Conversion at $0.15 or 65% of lowest traded price in prior 10 days.
- Series X Preferred: $60K each to three directors and $60K to Anglo Irish Investments. 51,703 shares outstanding; super voting (400 votes/share), cumulative 10% dividend.
- CEO FY2026 comp: $120K base (accruing retro to Jan 1), $30K/quarter performance bonus, payment subject to cash availability; $60K unpaid from FY2025.
- Board to file S-8 for 5M stock options at 115% of closing price; exploring acquisition with advisory firm (up to $20K expense, potentially $150K total in Q2 FY2026).

## SEC filing metadata
- accession: 0001185185-26-001499
- form_type: 8-K
- ticker: MITI
- cik: 0000802257
- company_name: Mitesco, Inc.
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802257/000118518526001499/0001185185-26-001499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802257/000118518526001499/miti8k042326.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-001499
- JSON: https://secwatch.observer/filing/0001185185-26-001499.json
- Plain text: https://secwatch.observer/filing/0001185185-26-001499.txt

## Key facts
- Equity Issuances
  Mitesco, Inc. issued convertible note to a new institutional investor for $50,000 purchase price.
  - Security: convertible note
  - Purchaser: a new institutional investor
  - Consideration: $50,000 purchase price
  source text: On April 23, 2026 Mitesco, Inc. (the “Company”) received funding from a new institutional investor in the Company using the 2026 Bridge Note previously executed with other of its historical investors. The 10% Original Issue Discount Convertible Promissory Note (the “2026 Bridge Note”) has a $50,000 purchase price.
  evidence_url: https://www.sec.gov/Archives/edgar/data/802257/000118518526001499/0001185185-26-001499-index.htm

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