MITI Mitesco, Inc.
Price Chart
Executive Summary
Mitesco, Inc. entered into a securities purchase agreement with Jefferson Street Capital, LLC, issuing a $55,000 convertible promissory note funded with a $50,000 purchase price. The note is convertible into common stock at $0.15 per share and includes a 10% original issue discount. This unregistered sale of securities was disclosed under Item 3.02, alongside the announcement of a new software application, Sportzfolio.
Key Financial Metrics
Actionable Insight
Traders should monitor the potential dilution from the conversion of the note into common stock at $0.15 per share and assess the market reception of the new Sportzfolio software application, which may impact the company's stock price.
Key Facts
- Mitesco, Inc. issued a $55,000 convertible promissory note to Jefferson Street Capital, LLC.
- The purchase price was $50,000, with a $5,000 original issue discount.
- The note is convertible into common stock at $0.15 per share.
- The transaction was an unregistered sale of securities under Item 3.02.
- The company also announced the launch of a new software application, Sportzfolio.
Financial Impact
The company raised $50,000 through the issuance of a convertible promissory note with a 10% original issue discount.
Risk Factors
- Dilution risk from the conversion of the note into common stock.
- Market risk associated with the launch of the new software application.
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001185185-26-001382 |
| Document: mitiex10-1.htm | 0001185185-26-001382 |
| Document: miti8k041426.htm | 0001185185-26-001382 |
| Document: mitiex99-1.htm | 0001185185-26-001382 |
| Document: 0001185185-26-001382-index-headers.html | 0001185185-26-001382 |
| Document: 0001185185-26-001382-index.html | 0001185185-26-001382 |
| Document: 0001185185-26-001382.txt | 0001185185-26-001382 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Apr 24, 2026
26d ago
|
8-K
| $0.0700 $0.0700 | · 0.00% | ▼ −0.40% | $0.0500 (−28.57%) |
|
Apr 15, 2026
5w ago
|
8-K
| $0.1000 $0.0900 | ▲ +10.00% | ▲ +10.98% | $0.0500 (+50.00%) |
US Market Status
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