Thumzup Media Soars 24.6% on $6.5M Offering

Generado por agente de IAAinvest Pre-Market Radar
miércoles, 9 de julio de 2025, 6:26 am ET1 min de lectura
TZUP--

On July 9, 2025, Thumzup Media's stock surged by 24.6% in pre-market trading, marking a significant rise in investor interest and confidence in the company's recent developments.

Thumzup Media Corporation recently closed a $6.5 million registered direct offering of Series C preferred stock. The offering consisted of 108,333 shares sold at $60.00 per share, with each preferred share convertible into 10 shares of common stock. This financial move is expected to bolster the company's capital structure and provide additional resources for future growth initiatives.

Thumzup Media Corporation has been actively expanding its capital strategy, including the acceptance of payments from advertisers via Stripe's crypto payment platform. This move aligns with the company's broader strategy to integrate cryptocurrency into its financial operations, enhancing its flexibility and appeal to a tech-savvy audience.

Additionally, Thumzup Media CorporationTZUP-- has been making strides in its proprietary AdTech platform, surpassing significant milestones such as 1,000 advertiser locations. This growth underscores the platform's effectiveness and the company's ability to attract and retain a diverse range of advertisers, further solidifying its position in the digital advertising market.

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