Mitesco, Inc. announced that it has entered into a securities purchase agreement with an existing investor for issuance of 250 shares of Series F 12% PIK Convertible Perpetual Preferred Stock, par value $0.01 per share and a warrant to initially purchase 557 shares of common stock for the gross proceeds of $250,000 on June 30, 2023. The warrant has an initial exercise price of $2.50 per share and the final number of shares of common stock the warrant is exercisable for, will equal the number of shares of common stock into which the Series F Shares convert divided by 2.