Traders should monitor the potential dilution from the conversion of the note into common stock at $0.15 per share and assess the market reception of the new Sportzfolio software application, which may impact the company's stock price.
Price Chart
Executive Summary
Mitesco, Inc. entered into a securities purchase agreement with Jefferson Street Capital, LLC, issuing a $55,000 convertible promissory note funded with a $50,000 purchase price. The note is convertible into common stock at $0.15 per share and includes a 10% original issue discount. This unregistered sale of securities was disclosed under Item 3.02, alongside the announcement of a new software application, Sportzfolio.
Key Financial Metrics
Key Facts
- Mitesco, Inc. issued a $55,000 convertible promissory note to Jefferson Street Capital, LLC.
- The purchase price was $50,000, with a $5,000 original issue discount.
- The note is convertible into common stock at $0.15 per share.
- The transaction was an unregistered sale of securities under Item 3.02.
- The company also announced the launch of a new software application, Sportzfolio.
Financial Impact
The company raised $50,000 through the issuance of a convertible promissory note with a 10% original issue discount.
Risk Factors
- Dilution risk from the conversion of the note into common stock.
- Market risk associated with the launch of the new software application.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001185185-26-001382 |
| Document: mitiex10-1.htm | 0001185185-26-001382 |
| Document: miti8k041426.htm | 0001185185-26-001382 |
| Document: mitiex99-1.htm | 0001185185-26-001382 |
| Document: 0001185185-26-001382-index-headers.html | 0001185185-26-001382 |
| Document: 0001185185-26-001382-index.html | 0001185185-26-001382 |
| Document: 0001185185-26-001382.txt | 0001185185-26-001382 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | 8-K | $0.0400 $0.0400 | · 0.00% | ▼ −1.15% | $0.0300 (+25.00%) |
Oct 6, 2026 21d ago | SC 13D | $0.0500 $0.0400 | ▼ −20.00% | ▼ −19.86% | $0.0300 (−40.00%) |
Jul 24, 2026 13w ago | EFFECT | $0.0600 $0.0400 | ▼ −33.33% | ▼ −34.43% | $0.0300 (−50.00%) |
Jun 8, 2026 20w ago | 8-K | $0.0800 $0.0700 | ▲ +12.50% | ▲ +14.30% | $0.0300 (+62.50%) |
Apr 24, 2026 26w ago | 8-K | $0.0700 $0.0700 | · 0.00% | ▼ −0.40% | $0.0300 (−57.14%) |
Apr 15, 2026 27w ago | 8-K | $0.1000 $0.0900 | ▲ +10.00% | ▲ +10.98% | $0.0300 (+70.00%) |
US Market Status
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