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Mitesco Secures $2 Million in Convertible Note Financing

Story Highlights
  • Mitesco raised an initial $250,000 on December 22, 2025 via two senior secured bridge notes.
  • The 18-month notes carry a 10% discount, are asset-backed, and convertible into common stock at $0.15 per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitesco Secures $2 Million in Convertible Note Financing

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An update from Mitesco ( (MITI) ) is now available.

On December 19, 2025, Mitesco, Inc. entered into two senior secured 10% original issue discount convertible promissory notes with C/M Capital Master Fund, L.P. and WVP Emerging Manager Onshore Fund, LLC, providing for potential total funding of up to $2 million and initial aggregate funding of $250,000, which was funded on December 22, 2025. The 18‑month notes require aggregate repayment of $275,000 due to the original issue discount, bear no interest unless in default, are convertible into common stock at $0.15 per share subject to adjustments, and are guaranteed by Mitesco’s subsidiaries with a first‑priority senior security interest in all company assets, underscoring the company’s reliance on highly secured, dilutive bridge financing to support its operations.

More about Mitesco

Mitesco, Inc. operates through subsidiaries and appears to be a smaller, capital-constrained company that raises funds through secured, convertible debt instruments, pledging substantially all of its assets as collateral.

Average Trading Volume: 71,367

Technical Sentiment Signal: Sell

Current Market Cap: $1.43M

For a thorough assessment of MITI stock, go to TipRanks’ Stock Analysis page.

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