Mitesco, Inc. (MITI) Form S-1 — Jul 9, 2026
Mitesco, Inc. filed an S-1 registration statement to facilitate the resale of up to 106,548,245 shares of common stock by selling stockholders, which represents a significant potential overhang relative to the approximately 20.9 million shares currently outstanding. The company will not receive any proceeds from these sales, as the registration fulfills contractual obligations related to a prior debt restructuring that converted approximately $26 million of obligations into equity and preferred stock. The filing reveals severe financial distress, with the company disclosing substantial doubt about its ability to continue as a going concern for the next year.
Key figures
- Revenue
- 38,700
- Cash Position
- 7,000
- Shares Offered
- 106,548,245
- Shares Outstanding
- 20,940,597
- Q1 2026 revenue
- 0
- Potential dilution percent
- 90%
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