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

By Thumzup Media Corporation

Net proceeds from the Offering to be used for exploring the accumulation of cryptocurrencies and crypto mining equipment, working capital and general corporate purposes

LOS ANGELES , Aug. 12, 2025 /PRNewswire/ -- Thumzup Media Corporation (Nasdaq: TZUP) ("Thumzup" or the "Company"), a digital asset accumulator and advertising industry disruptor, today announced the closing of its previously announced offering of all common stock at a public offering price of $10 per share (the "Offering"), resulting in gross proceeds of $50 million , before deducting placement agent fees and other related expenses.

The Company intends to use the net proceeds from the Offering to explore the accumulation of cryptocurrencies and mining equipment, working