Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Mitesco ( (MITI) ) is now available.
Mitesco has undertaken a series of equity transactions with institutional and accredited investors, issuing restricted common stock to pay dividends on its preferred securities, redeem portions of its amortizing convertible preferred shares, and compensate consultants involved in software development and capital markets initiatives, bringing its total shares outstanding to approximately 17.3 million. In Q4 FY2025, the company paid interest on its Series X Preferred Stock via 157,061 restricted common shares, redeemed $257,700 of its Series A Preferred Stock through the issuance of 2,228,147 common shares as part of its restructuring plan—reducing the Series A balance to about $13.2 million—granted 375,000 restricted shares to consultants for its Robo Agent software and a planned uplisting to a senior exchange, and disclosed that a director will resign by March 31, 2026, with a replacement currently being evaluated.
More about Mitesco
Average Trading Volume: 58,410
Technical Sentiment Signal: Sell
Current Market Cap: $2.08M
See more data about MITI stock on TipRanks’ Stock Analysis page.