Mitesco secures up to $30 million equity line of credit from C/M Capital Partners
MITESCO INC
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- Mitesco executed an equity line of credit with historical investor C/M Capital Partners for up to $30 million.
- Facility runs up to 36 months. Funds target acquisitions tied to technology and data center-related growth.
- Terms include a 2% commitment fee, payable in cash or stock, plus certain legal costs.
- Share pricing is generally set at a 10% discount to the market, subject to adjustments under certain conditions.
- Proceeds may also retire bridge debt or other legacy obligations tied to discontinued healthcare operations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mitesco Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606300915PRIMZONEFULLFEED9754705) on June 30, 2026, and is solely responsible for the information contained therein.
