Mitesco, Inc. Files 8-K for Material Agreement
Ticker: MITI · Form: 8-K · Filed: Aug 27, 2024 · CIK: 802257
Sentiment: neutral
Topics: material-agreement, 8-K, company-name-change
TL;DR
Mitesco filed an 8-K on Aug 6 for a new deal, check it out.
AI Summary
Mitesco, Inc. filed an 8-K on August 27, 2024, reporting a material definitive agreement entered into on August 6, 2024. The filing also includes other events and financial statements/exhibits. Mitesco, Inc. was formerly known as True Nature Holding, Inc., Trunity Holdings, Inc., and BRAIN TREE INTERNATIONAL INC.
Why It Matters
This 8-K filing indicates a significant new agreement for Mitesco, Inc., which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could carry significant implications for the company's future, but the specifics of the agreement are not detailed in this summary.
Key Players & Entities
- Mitesco, Inc. (company) — Registrant
- True Nature Holding, Inc. (company) — Former company name
- Trunity Holdings, Inc. (company) — Former company name
- BRAIN TREE INTERNATIONAL INC (company) — Former company name
- August 6, 2024 (date) — Date of earliest event reported
- August 27, 2024 (date) — Filing date
FAQ
What is the nature of the material definitive agreement entered into by Mitesco, Inc. on August 6, 2024?
The filing states that an "Entry into a Material Definitive Agreement" is an item reported, but the specific details of the agreement are not provided in the summary text.
When was the 8-K filing submitted by Mitesco, Inc.?
The 8-K filing was submitted on August 27, 2024.
What were Mitesco, Inc.'s previous names?
Mitesco, Inc. was formerly known as True Nature Holding, Inc., Trunity Holdings, Inc., and BRAIN TREE INTERNATIONAL INC.
In which state is Mitesco, Inc. incorporated?
Mitesco, Inc. is incorporated in Nevada.
What is the principal executive office address for Mitesco, Inc.?
The principal executive office address is 505 Beachland Blvd., Suite 1377, Vero Beach, Florida 32963.
Filing Stats: 524 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-08-27 17:19:56
Key Financial Figures
- $25,000 — estors, Cavalry Fund. The note provided $25,000 of proceeds, is for a 12-month period,
Filing Documents
- mitesco20240827_8k.htm (8-K) — 29KB
- ex_719073.htm (EX-10.1) — 47KB
- ex_719074.htm (EX-99.1) — 13KB
- 0001185185-24-000853.txt ( ) — 238KB
- miti-20240806.xsd (EX-101.SCH) — 3KB
- miti-20240806_def.xml (EX-101.DEF) — 10KB
- miti-20240806_lab.xml (EX-101.LAB) — 19KB
- miti-20240806_pre.xml (EX-101.PRE) — 10KB
- mitesco20240827_8k_htm.xml (XML) — 3KB
01
Item 1.01 Entry into a Material Definitive Agreement. Financing Agreement On August 22, 2024 the Company entered into a lending agreement with one (1) of its historical institutional investors, Cavalry Fund. The note provided $25,000 of proceeds, is for a 12-month period, and earns interest at ten percent (10%) per year. The Lender and the Company have agreed that the use of the proceeds is intended to fund compliance related costs such as SEC reporting, audit, legal and accounting related. The Company expects to enter into similar agreements with other investors to meet its continuing costs for compliance. A copy of the form of notes can be found in the exhibits to this filing.
01
Item 8.01 Other Events. On August 6, 2024 the Company issued a press release describing the activities in its Centcore, LLC wholly owned business unit, including a formal agreement with Esri, a significant player in the geographical information systems (GIS) industry. A copy of the press release is attached to this filing as Exhibit 99.1.
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibits Description 10.1 Form of financing agreement 99.1 Press release dated August 6, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 27, 2024 MITESCO, INC. By: /s/ Mack Leath Mack Leath Chairman and CEO