James Clifton
On May 26, 2025, the Board of Directors appointed Mr. James Clifton to the Board of Directors.
Highest-materiality recent filing
Mitesco secures up to $30M equity line from C/M Capital Partners for acquisitions and growth
Up to $30M equity line of credit from historical investor C/M Capital Partners; 2% fee, 10% market discount.
Mitesco raises $100K via bridge notes; issues ~3.1M shares for preferred dividends/redemptions
Two 2026 Bridge Notes at $50,000 each with 10% OID, convertible at $0.15/share, maturing in 12 months.
Mitesco appoints Brian Valania CEO/CFO and director; targets data center sites and acquisitions
Brian Valania appointed CEO, CFO, and director effective March 9, 2026; replaces Mack Leath who remains Chairman.
Issued 157,061 restricted shares for Series X Preferred dividends Q4 FY2025 (10% annual interest on $1.05M face value).
Mitesco explores Tennessee data center expansion and potential M&A
Centcore division evaluating multiple Tennessee sites for low-cost power data center expansion.
Entered 6-month advisory agreement with JRB Consulting for M&A and uplisting to NASDAQ/NYSE.
Mitesco secures $1M convertible financing from C/M Capital; $250K funded
Issued $275K convertible note (10% OID) to C/M Capital Master Fund; initial funding $250K.
Mitesco launches digital currency ops, managed services; redeems Series A Preferred shares
Assembling digital currency team with senior operators, legal counsel, and investment banking partner.
Mitesco launches crypto processing; Anglo Irish gets 44.9% voting control via super-voting preferred
Launched Crypto Processing Services (CPS) at Florida Tier 3+ data center for blockchain hosting, mining, and transaction processing.
Mitesco expands board with Jim Clifton, director Mitchell resigns; Centcore and AI unit update
Appointed Jim Clifton to board; John Mitchell resigned as director and all positions.
Mitesco enters agreements to extinguish $600K of obligations by issuing 150K restricted shares
Two Obligation Exchange Agreements cancel ~$600K of notes and expenses for 150K restricted shares at $4.00 per share.
Mitesco issues restricted common stock for preferred dividends and Series A redemption
Issued 16,286 restricted common shares for Feb/March dividends on Series X Preferred (10% annual interest).
Mitesco converts $580K bridge notes into Series A preferred; raises $100K in new Series A sale
Converted $580,132 of FY2024 Bridge Notes (principal & interest) into 23.205 Series A Preferred shares at $25 stated value per share to three institutional investors.
Mitesco reports Q3 net income of $2.0M vs $2.5M loss YoY; restructures $25M in liabilities
Q3 2024 diluted EPS $0.29 (6.3M shares) vs ($0.48) loss on 5.3M shares a year earlier.
Mitesco restructures $25M+ in debt and preferred; issues ~2.5M shares at $4.00
Converted over $12M in accounts payable, notes, and preferred shares into ~2.5M restricted common at $4.00/share.
Mitesco restructures $10M+ debt into equity, pivots to data center operations
Converted over $10M of obligations into 2.5M restricted common shares at $4.00 per share.
Mitesco restructures $8.1M debt into equity, creates Series A preferred, adds advisory board
Converted $8,122,857 of debt and senior equity into 2,030,714 restricted common shares at $4.00/share.
Mitesco restructuring: ~$8M debt-for-equity swap at $4.00/share, warrants cancelled
Executed agreements to exchange or cancel ~$8M in debts, payables, and preferred shares for 2M restricted common shares at $4.00/share.
Mitesco exchanges ~$3M in obligations for ~750k shares at $4.00, cancels all warrants
Exchanged ~$3M of debt, payables, and preferred shares for restricted common at $4.00/share; ~750k shares to be issued.
Mitesco restructures ~$1.1M obligations into stock at $4/sh, cancels all warrants
Executed agreements to exchange/cancel ~$1.1M of debts, payables, and preferred shares into ~300,000 restricted common shares at $4.00 per share.
Mitesco enters $50K promissory notes at 10% interest; plans Q4 debt restructuring
Two 12-month promissory notes of $25k each at 10% interest with Mercer Street Capital and AJB.
Mitesco expands cloud computing, issues restricted shares to consultant and directors
Issued 200,000 restricted shares to consultant Brian Valania; 100k earned now, 50k by Dec 31, 2024, 50k by June 30, 2015; $50k expense in Q3.
On June 12, 2024, Mitesco dismissed Accell Audit & Compliance after Accell ceased PCAOB services; new auditor Astra Audit & Advisory appointed.
Mitesco eliminates Series F Preferred dividends, saves over $220,000/month
Holders of 55% of Series F Preferred shares consented to end dividends effective May 15, 2024.
On May 26, 2025, the Board of Directors appointed Mr. James Clifton to the Board of Directors.
On May 27, 2025 the Company received the resignation of John Mitchell as a Director and all positions in the Company.
On February 7, 2025 by a vote of the majority of the members of the Board of Directors Ms. Amy Lance was appointed as Secretary and Treasurer of the Company.
She replaces Mr. John Mitchell who served in those positions since December 2023.
Ms. Shelia Schweitzer (effective December 19, 2023), and Mr. Allen Plunk (effective December 12, 2023, and previously disclosed on Form 8k dated December 13, 2023), have resigned from the Board of Mitesco.
Ms. Shelia Schweitzer (effective December 19, 2023), and Mr. Allen Plunk (effective December 12, 2023, and previously disclosed on Form 8k dated December 13, 2023), have resigned from the Board of Mitesco.
Dr. Jordan Balencic (effective December 15, 2023)
Mr. John Mitchell (effective December 15, 2023)
Mr. Tom Brodmerkel has resigned from the Board of Directors and as CFO of Mitesco as of December 15, 2023
Mr. Mack Leath , age 66, will serve as CEO, CFO and Chairman of the Board of Directors.
Mr. Larry Diamond resigned from all positions including the Board of Directors, CEO of Mitesco and all positions related to The Good Clinic, LLC and its sole member Mitesco N.A. LLC as of December 19, 2023, effective December 29, 2023
On December 12, 2023, Mr. Allen Plunk resigned from his position as a director.
Max materiality 0.85 · Median 0.55 · Most common event other_material