Mitesco Inc
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
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Jun 30, 2024 · Filed Aug 14, 2024
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Sale of Unregistered Securities
ITEM 2. SALE OF UNREGISTERED SECURITIES
Common Stock
On June 27, 2024, the Company issued a total of 24,555 shares of restricted common stock for the payment of dividends due for its Series X Preferred stock during the second quarter of 2024 using the $.80 price per share as noted above.
During the six months ended June 30, 2024, the Company issued 300,000 shares of common stock to its advisory council. The Company recorded a compensation expense of $102,500 based on the closing stock price on the date of issuance.
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