Mitesco Secures $50K Bridge Financing, Issues Preferred Stock

Mitesco, Inc. secured $50,000 in bridge financing from a new institutional investor via a 10% Original Issue Discount Convertible Promissory Note. The note bears 10% interest, matures in 12 months, and is convertible into common stock at $0.15 per share. Additionally, the company's Board of Directors approved the issuance of $60,000 in Series X Preferred Stock to each director for FY2026 compensation. Another $60,000 in Series X Preferred Stock was issued to Anglo Irish Investments, LLC for assistance in evaluating certain acquisitions.