Financing ·
Mitesco, Inc. issued approximately 11,100,000 shares of restricted common stock valued at $388,500 in connection with…
MITIMitesco, Inc.
Mitesco, Inc. issued approximately 11,100,000 shares of restricted common stock valued at $388,500 in connection with an advisory agreement and various compensation arrangements. The issuance includes 1,000,000 shares to Dawson James Securities for advisory services, 1,000,000 shares to five long-term shareholders as a gift, 3,100,000 shares to developers of the Robo Agent software, 3,000,000 shares to Anglo Irish Management LLC, and 9,000,000 shares (3,000,000 each) to three board members. The company also announced a press release detailing its strategy in AI software and edge computing via subsidiaries Centcore and Vero Technology Ventures. Mitesco operates as a technology company focused on artificial intelligence software solutions and modular data center infrastructure.