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Thumzup Media Corporation Announces Closing of $50 Million Public Offering of All Common Stock at $10 Per Share
Prnewswire· 2025-08-12 20:15
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]
Thumzup Media Corporation Announces Update to the Terms of its Proposed Public Offering
Prnewswire· 2025-08-09 16:14
Core Viewpoint - Thumzup Media Corporation is updating the terms of its public offering to include common stock and pre-funded warrants, with proceeds aimed at cryptocurrency accumulation, mining equipment, working capital, and general corporate purposes [1] Group 1: Offering Details - The offering will consist of common stock and pre-funded warrants, subject to market conditions [1] - Dominari Securities LLC is acting as the sole placement agent for the offering [2] - The offering is made under a shelf registration statement on Form S-3, initially filed with the SEC on May 2, 2025, and declared effective on May 30, 2025 [3] Group 2: Company Overview - Thumzup Media Corporation operates a platform that allows users to earn cash for sharing branded content on social media, with payments processed through PayPal and other digital channels [6] - The company has expanded its treasury strategy to include various cryptocurrencies such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, indicating a commitment to financial innovation [7] - Thumzup is developing a patent-pending Lifestyle AI Agent Marketplace to enhance lifestyle planning through AI-powered experiences [7]
Thumzup Media Corporation Announces Proposed Public Offering
Prnewswire· 2025-08-09 00:00
Core Viewpoint - Thumzup Media Corporation has initiated a public offering of its Series D Non-Voting Convertible Preferred Stock to fund cryptocurrency accumulation, mining equipment, working capital, and general corporate purposes [1]. Group 1: Offering Details - The offering is subject to market conditions, and there is no assurance regarding its completion or the actual size and terms [1]. - Dominari Securities LLC is the sole placement agent for the offering [2]. - The offering is made under a shelf registration statement on Form S-3, which was filed with the SEC on May 2, 2025, and declared effective on May 30, 2025 [3]. Group 2: Company Overview - Thumzup Media Corporation is innovating in digital marketing and financial sectors, operating a platform that allows users to earn cash for sharing branded content on social media [6]. - The company has expanded its treasury strategy to include various cryptocurrencies such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, indicating a commitment to financial agility [7]. - Thumzup is developing a patent-pending Lifestyle AI Agent Marketplace aimed at enhancing lifestyle planning through AI-powered experiences [7].
Thumzup Media Corporation's Board of Directors Authorizes Company to Hold up to $250 Million in Cryptocurrencies
Prnewswire· 2025-07-17 17:16
Core Insights - Thumzup Media Corporation has received approval from its Board of Directors to diversify its cryptocurrency portfolio, allowing the company to hold up to $250 million in various cryptocurrencies including Bitcoin (BTC), Ether (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), and Stablecoin USDC [1][2][3] Company Strategy - The company aims to remain at the forefront of the evolving cryptocurrency landscape as the U.S. federal government moves towards more crypto-friendly policies and regulatory clarity [2] - By diversifying its cryptocurrency holdings, Thumzup seeks to gain broader market exposure and create significant value for its shareholders [2][3] Technological Innovation - Thumzup is also developing a patent-pending Lifestyle AI Agent Marketplace, which is intended to revolutionize lifestyle planning through curated, AI-powered experiences [3] - The company operates a proprietary platform that allows users to earn cash for sharing branded content on social media, managed through a programmatic advertiser dashboard [2] Market Presence - The Thumzup app is available for download on both the App Store and Google Play, indicating the company's commitment to accessibility and user engagement [4] - Thumzup has been featured in notable media outlets such as CBS Los Angeles and KTLA, enhancing its visibility in the market [4]
Thumzup Media Corporation Files Form S-3 Amendment to Increase Shelf Registration to $500 Million
Prnewswire· 2025-05-06 15:30
Core Viewpoint - Thumzup Media Corporation has filed an amendment to its universal shelf registration statement, increasing the maximum aggregate offering amount from $200 million to $500 million to support working capital and its Bitcoin acquisition strategy [1][2]. Group 1: Registration Statement Details - The upsized registration statement will allow Thumzup to raise up to $500 million for additional working capital and to further its Bitcoin acquisition strategy [2]. - The Company’s Board of Directors has authorized Thumzup to allocate up to 90% of its liquid assets to Bitcoin as part of its treasury strategy [1][2]. - Thumzup may raise capital in one or more offerings over the next three years, utilizing various securities including common stock, preferred stock, warrants, debt securities, purchase contracts, and/or units [2][3]. Group 2: Future Offerings - Specific terms for any future capital raising under the shelf registration will be detailed in a prospectus supplement filed with the SEC at the time of the offering [3]. - No securities are being sold at this time under the amended shelf registration [3][4]. Group 3: Company Overview - Thumzup Media Corporation is focused on democratizing the social media branding and marketing industry, offering a platform that allows users to earn cash for posting about participating advertisers [6]. - The Thumzup app is available for download on major platforms, enhancing user engagement and advertiser reach [5][6].
Thumzup Media Corporation Surpasses 900 Advertisers, Achieving a New Growth Milestone on Its Proprietary AdTech Platform
Prnewswire· 2025-05-02 12:37
Group 1 - Thumzup Media Corporation has surpassed 900 advertisers, achieving a Compound Annual Growth Rate (CAGR) of 220%, indicating significant growth in the digital advertising space [1][2][3] - The company aims to reach 1,000 advertisers by mid-Q2 and 5,000 advertisers by the end of 2025, reflecting its aggressive growth strategy [1][8] - Thumzup's AdTech platform integrates with major social media channels, including Instagram Reels and X (formerly Twitter), reaching over 535 million monthly active users [2][4] Group 2 - The Thumzup platform allows users to earn cash for posting about participating advertisers, democratizing the social media branding and marketing industry [4] - The company is focused on market expansion across regions such as Southern California, South Florida, Miami, and the Greater Salt Lake City area [2][3] - CEO Robert Steele emphasized the importance of continued investment in market expansion and technological innovation for sustained growth [3]