Thumzup Media Corporation Announces Closing of $50 Million Public Offering of All Common Stock at $10 Per Share

Group 1 - Thumzup Media Corporation has closed its public offering of common stock at a price of $10 per share, generating gross proceeds of $50 million before expenses [1][2][3] - The net proceeds from the offering will be utilized for exploring the accumulation of cryptocurrencies and mining equipment, as well as for working capital and general corporate purposes [2][7] - Dominari Securities LLC served as the exclusive placement agent for the offering [2] Group 2 - The offering was conducted under a shelf registration statement filed with the SEC, which was declared effective on May 30, 2025 [3][4] - A preliminary prospectus supplement was filed with the SEC on August 11, 2025, and a final prospectus supplement was filed on August 12, 2025, both of which are available on the SEC's website [4] - Thumzup Media Corporation is focused on digital marketing and financial innovation, operating a platform that allows users to earn cash for sharing branded content on social media [6][7] Group 3 - The company has expanded its treasury strategy to include various leading cryptocurrencies such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, indicating a commitment to financial agility [7] - Thumzup is also developing a patent-pending Lifestyle AI Agent Marketplace aimed at enhancing lifestyle planning through AI-powered experiences [7] - The Thumzup app is available for download on major platforms, and the company has received media coverage from CBS Los Angeles and KTLA [8]