Thumzup Media Stock Soars 19.26% on SEC Filing

On July 10, 2025, Thumzup Media Corporation's stock surged by 19.26% in pre-market trading, reflecting significant investor interest and potential market momentum.

Thumzup Media Corporation, a Nevada-based company, recently filed an amendment to its Form S-3 registration statement with the Securities and Exchange Commission (SEC). This amendment corrects a footnote error in the Selling Stockholder table, which inadvertently listed the wrong managing member of one Selling Stockholder. The company's primary business is providing software as a service, connecting businesses with consumers and incentivizing them to post about their experiences on social media. Thumzup's mission is to democratize social media marketing by leveraging its proprietary mobile app, which generates scalable word-of-mouth product posts and recommendations for advertisers.

Thumzup Media Corporation recently closed a primary public offering of its Series C Convertible Preferred Stock, raising approximately $6.5 million in gross proceeds. Simultaneously, the company's CEO, Robert Steele, sold 2,500,000 shares of Common Stock in a private transaction at $0.50 per share, receiving $1.25 million. Additionally, an option to purchase 750,000 shares of Common Stock was sold for $150,000, with the option exercised for $225,000. The company also entered into a Master Loan Agreement with Coinbase, securing $500,000 in loans collateralized by approximately $1.25 million in bitcoin.

Thumzup Media Corporation is an emerging growth company under the Jumpstart Our Business Startups Act of 2012, allowing it to comply with reduced public company reporting requirements. The company's business model focuses on connecting non-professional influencers with brands, leveraging AI to enhance audience targeting and content personalization. Thumzup's app is designed to be user-friendly, making it easy for individuals to post about products they enjoy on social media.