Juan Carlos Iturregui - Jul 21, 2022 Form 4 Insider Report for Mitesco, Inc. (MITI)

Role: Director
Signature: /s/ Juan Carlos Iturregui
Stock symbol: MITI
Transactions as of: Jul 21, 2022
Transactions value $: $3,015
Form type: 4
Date filed: 7/27/2022, 03:34 PM
Previous filing: Aug 19, 2021
Next filing: Dec 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MITI	Common Stock, par value $0.01	Other	$3.01K	+12.1K	+1.1%	$0.25	1.11M	Jul 21, 2022	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MITI	Common Stock Purchase Warrant	Purchase	$0	+12.1K		$0.00	12.1K	Jul 21, 2022	Common Stock	12.1K	$0.50	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On July 21, 2022, Mitesco, Inc. (the "Company") issued a 10% Promissory Note (the "Note") to Juan Carlos Iturregui. The principal amount of the Note is $29,412.00, carries a 10% interest rate per annum, payable on the earlier of (i) January 21, 2023, or (ii) if the Company successfully lists its shares of common stock on the NYSE or the Nasdaq Markets, five business days after the date of such listing.
F2	In connection with the Note, on July 21, 2022, the Company issued 12,059 commitment fee shares of the Company's common stock to Mr. Iturregui.
F3	12,059 Common Stock Purchase Warrants at an exercise price of $0.50 (the "Warrants") were granted to Mr. Iturregui on July 21, 2022, pursuant to the Note. The Warrants are exercisable at any time on or after January 21, 2023, and on or before the July 21, 2027.