EX-99.1 5 mitiex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Mitesco Announces Capital Structure Improvements for the Benefit of Shareholders VERO BEACH, Fla., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Mitesco, Inc. (OTCQB: MITI) (“Mitesco” or the “Company”) today announced strategic equity enhancements to increase shareholder value. Mack Leath, Chairman of Mitesco, addressed the situation as follows, “We implemented a Series A Preferred stock as a part of our restructuring of debt incurred with the prior healthcare business discontinued in FY2022. It was intended to give our institutional investors an avenue to reach a return on their investment over 3 years, without further interest costs, and with redemptions quarterly over the term through the issuance of common stock priced at a modest 10% discount on trading prices.” He continued, “While well-intentioned, and supported by all five of our institutional investors, the structure has not delivered the benefits we originally anticipated. Because investors are subject to a contractual limit prohibiting ownership of more than 4.9% of the Company’s outstanding shares, the planned amortization process has progressed more slowly than expected.” …
Open exhibit ↗Current Report · Items 1.01, 3.02, 8.01, 9.01 · 8-K
MITESCO INC
MITIOTCEQUITYCurrent
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Other Events
Item 1.01 Entry into a Material Definitive Agreement. The Company has entered into an agreement with a consulting group based in Boca Raton, Florida for additional software development of certain applications. In addition to certain hourly costs, the Company has agreed to issue the firm 1,000,000 shares of restricted common stock as consideration.…
Press release in this filing
Mitesco Announces Capital Structure Improvements for the Benefit of Shareholders →Company context
Mitesco, Inc. (the “Company,” “we,” “us,” or “our”) was formed in the state of Delaware on January 18, 2012. On December 9, 2015, we restructured our operations and acquired Newco4pharmacy, LLC, a development stage company which sought to acquire compounding pharmacy businesses. As a part of the restructuring, we shut down our former business line. On April 24, 2020, we changed our name to Mitesco, Inc. In October 2023, the Company changed its domicile from Delaware to Nevada in order to effect reduced costs.
Current securities
Historical securities (7)
Recent company filings
- Unregistered Sales of Equity Securities · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Other EventsNov 6, 2026
- Unregistered Sales of Equity Securities · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other EventsOct 28, 2026
- Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other EventsOct 13, 2026
- 4 filingSep 17, 2026
- SCHEDULE 13D - filed by Valania Brian regarding Mitesco, Inc.Aug 24, 2026
Disclosure sections
Item 1.01Item 1.01 - Entry into Material Agreement
Item 3.02Item 3.02 - Unregistered Sales of Equity
Item 8.01Item 8.01 - Other Events
Filed exhibits (2)
EX-99.2 6 mitiex99-2.htm EXHIBIT 99.2 Exhibit 99.2 Mitesco Identifies Strategic Growth Path Linking AI and Edge Computing Efficiency to the Connected Home Market Centcore’s residential edge-computing concept could provide a foundation for future integration with smart power and home automation platforms VERO BEACH, Fla., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Mitesco, Inc. (OTCQB: MITI) (“Mitesco” or the “Company”) today discussed how improvements in the energy and operating efficiency of artificial intelligence computing could create a longer-term path from distributed edge computing into the connected home. Through its Centcore subsidiary, Mitesco is developing its compact edge computing data center “node” (“TC/DC”) concept as a distributed computing node designed to move AI processing closer to where applications and users operate. The Company’s objective is to reduce the infrastructure, power and operating costs associated with AI workloads by focusing on measures such as kilowatt-hours consumed and the costs required to process AI workloads, including cost per token. Rather than relying exclusively on large, centralized facilities, a distributed model can place smaller com…
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