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The latest update is out from Thumzup Media Corporation ( (TZUP) ).
On June 30, 2025, Thumzup Media Corporation announced a registered direct public offering, selling 108,336 shares of Series C Convertible Preferred Stock at $60.00 per share, raising approximately $6.5 million. The offering closed on July 7, 2025, with net proceeds of $6.04 million intended for general corporate purposes and working capital. Additionally, the company’s subsidiary, Quantum Reach Corporation, may use up to $1.5 million for operations. In a related private transaction, CEO Robert Steele sold 2,500,000 shares of common stock, raising $1.25 million. The company plans to file a resale registration for 3,250,000 shares related to these transactions.
More about Thumzup Media Corporation
Thumzup Media Corporation is a digital asset accumulator and disruptor in the advertising industry, focusing on democratizing social media branding and marketing. Its flagship product, the Thumzup platform, allows individuals to earn cash for posting about participating advertisers on social media through a user-friendly app, with payments facilitated via PayPal and other digital systems.
Average Trading Volume: 201,031
Technical Sentiment Signal: Buy
Learn more about TZUP stock on TipRanks’ Stock Analysis page.