Caution, the single reason that MITI was forced to engage Donald Capital is because the private placement with CIM has not been fairing well (to date). Donald was engaged as second option to try and spread the offering to new investor eyes. As of yet they have sold but a pittance of the $15 MM and in the minds of some insiders may need to lower the price to a more reasonable dollar amount for a stock trading where it currently stands. Further, the company is wary of a stock price too high currently from when the Placement was priced as it affects the placement algorithm being used.
The longer term prospects for Mitesco look very promising however so one should not lose faith if it takes into the late summer months of August and September to close the offering.
TLDR: People expecting this to close soon with news to follow may be disappointed at the timeline.