Research analysts covering Mitesco.
Recent press releases and 8-K filings for MITI.
Mitesco, Inc. Enters into Securities Purchase Agreement for Senior Secured Notes
MITI
Debt Issuance
Convertible Preferred Issuance
- Mitesco, Inc. has entered into a Securities Purchase Agreement with investors for the sale of securities.
- Under this agreement, investors are purchasing senior secured notes from the Company with an original aggregate principal amount of $1,000,000.
- A Security Agreement has been established, requiring the Company and its subsidiaries to pledge collateral and guarantee obligations to secure these notes.
- Payments due under these notes will rank senior to all other Indebtedness of the Company and its subsidiaries, except for other notes issued under the same Purchase Agreement, which rank pari passu.
- The Company is subject to various covenants, including restrictions on incurring new indebtedness, creating liens, and engaging in certain equity sales, specifically Variable Rate Transactions.
Dec 23, 2025, 10:21 PM
Mitesco's Centcore Division Plans Tennessee Data Center Expansion and Potential Acquisitions
MITI
New Projects/Investments
M&A
Revenue Acceleration/Inflection
- Mitesco, Inc.'s Centcore data center division announced plans for a strategic expansion into Tennessee to accelerate revenue growth and improve operating margins.
- The decision to expand in Tennessee is driven by lower-cost facilities, attractive power economics from the Tennessee Valley Authority (TVA), and a strong base of technical resources.
- Centcore is evaluating both the acquisition of existing facilities and the deployment of its own "small-format" buildouts, with promising sites identified near Nashville and in rural areas.
- Mitesco is seeking substantial financing to support Centcore's expansion, software initiatives, and potential acquisition of a larger technology provider, with a long-term goal of uplisting its common stock.
- This expansion is also intended to support Mitesco's AI-driven software ecosystem, including RoboAgent, by providing a cost-optimized domestic data center network.
Dec 12, 2025, 8:57 PM
Mitesco Accelerates AI Advancements, Pursues Strategic Mergers, and Plans Senior Exchange Uplisting
MITI
New Projects/Investments
M&A
Delisting/Listing Issues
- Mitesco, Inc. is accelerating A.I. advancements with its "Robo Agent" application, an A.I.-driven sales force automation platform, initially for mortgage and insurance, with plans to expand to retirement planning and personal finance.
- The company is pursuing strategic mergers and acquisitions to accelerate growth and intends to uplist its securities to a senior trading exchange to meet listing requirements and enhance liquidity.
- On December 2, 2025, Mitesco entered into an Advisory Agreement with JRB Consulting, LLC to assist with acquisitions, financing, and the senior exchange uplisting.
- JRB Consulting will receive 250,000 shares of restricted common stock immediately and a $200,000 cash payment upon the completion of an approved uplisting transaction.
Dec 3, 2025, 1:50 AM
Mitesco, Inc. Enters Securities Purchase Agreement
MITI
Debt Issuance
Financial Restatement
Delisting/Listing Issues
- Mitesco, Inc. entered into a Securities Purchase Agreement with investors on October 31, 2025, for the issuance and sale of company securities.
- The closing of the agreement is contingent upon several conditions, including the absence of a Material Adverse Effect on the company and the satisfaction of Equity Conditions.
- Equity Conditions require, among other things, that Mitesco is current in its SEC filings, has no Events of Default, and its Common Stock is not subject to trading suspension or delisting.
- An Event of Default can be triggered by issues such as failure to comply with Exchange Act reporting requirements, bankruptcy proceedings, or a financial statement restatement not cured within three Trading Days.
- The Floor Price for the Common Stock, as defined in the agreement, is $0.015.
Nov 4, 2025, 10:13 PM
Mitesco Announces New Strategic Initiatives and Share Issuances
MITI
New Projects/Investments
Convertible Preferred Issuance
Delisting/Listing Issues
- Mitesco, Inc. announced three new initiatives: forming a team for digital currency operations and software, launching a managed services offering in Q4 FY2025, and expanding its application software team.
- The company aims to move its share listing to a senior exchange (NYSE, Nasdaq, or international) during FY2026.
- For Q3 FY2025, Mitesco issued 99,338 shares of restricted common stock for Series X Preferred Stock dividend payments.
- During Q2 FY2025, the company issued 2,025,910 shares to redeem $257,700 of its Series A Preferred Stock, with $13,591,200 remaining outstanding.
- An additional 725,000 shares of restricted common stock were issued to consultants for Robo Agent software development.
Sep 23, 2025, 9:01 PM
Mitesco Launches Crypto Processing Services, Appoints CTO, and Reports Shift in Voting Control
MITI
Product Launch
New Projects/Investments
Convertible Preferred Issuance
- Mitesco, Inc.'s Centcore division launched Crypto Processing Services (CPS) at its Florida data center on August 26, 2025, offering cryptocurrency transaction processing, mining, and blockchain hosting solutions.
- The company appointed Ms. Aurora Colvin as CTO and team leader on August 25, 2025, to lead the development of the new Robo Agent application, which will utilize conversational A.I. and natural language processing.
- Anglo Irish Management, LLC gained voting control of over 50% of Mitesco, Inc. as of August 25, 2025, due to their holdings of Series X Preferred shares which carry 400 votes per share.
- Mr. James Clifton was appointed to the Board of Directors on May 26, 2025, and will receive 250,000 shares of restricted common stock and $60,000 of Series X Preferred stock.
Aug 28, 2025, 9:27 PM
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