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Mitesco ( (MITI) ) just unveiled an update.
On April 24, 2025, Mitesco entered into Obligation Exchange Agreements with two creditors, resulting in the cancellation of approximately $600,000 in debts in exchange for 150,000 shares of restricted common stock. This restructuring effort aims to improve the company’s financial position, though there are uncertainties regarding the registration and market liquidity of the issued shares.
More about Mitesco
YTD Price Performance: -19.13%
Average Trading Volume: 13,159
Technical Sentiment Signal: Buy
Current Market Cap: $4.16M
Learn more about MITI stock on TipRanks’ Stock Analysis page.