Mitesco, Inc. [MITI] - equity issuance with ZSP Capital, LLC
Mitesco, Inc. is restructuring its Bridge notes and Series A Preferred shares in connection with a securities purchase agreement with ZSP Capital, LLC.
Why this matters
Mitesco, Inc., a company operating in the computer programming and data processing services sector, is undergoing a restructuring of its financial instruments as part of a securities purchase agreement with ZSP Capital, LLC. This action involves the restructuring of its Bridge notes and Series A Preferred shares, which is likely part of its ongoing discussions with various acquisition candidates. The company has also announced that it will not be filling the board vacancy created by the resignation of Dr. Jordan Balencic.