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GlobeNewsWire
10 months ago
Mitesco Provides Shareholder Update on Restructuring, Expansion of Its Advisory Board, and Introduction of A.I.-Based Application Software for Sales Automation
VERO BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Mitesco, Inc. (OTC:MITI, “the Company”) today announced it has finalized over $8 million in the restructuring of its debt and senior equity, with a goal to extinguish virtually all obligations by December 31, 2024. It also announced it has added two (2) additional professionals to its recently formed Advisory Board. Lastly, its Vero Technology Ventures arm has begun evaluation of both existing cloud computing solutions providers, and its own A.I.-based application aimed at sales automation.