Thumzup media corporation announces $6.5 million financing at $6.00 per share

Los angeles , june 30, 2025 /prnewswire/ --  thumzup media corporation ("thumzup" or the "company") (nasdaq: tzup), a digital asset accumulator and advertising industry disruptor, today announced it has entered into a definitive agreement with investors to purchase up to 1,083,333 shares of common stock at a purchase price of $6.00 per share (which includes common stock issuable upon conversion of series c convertible preferred stock (the "series c")) for gross proceeds of approximately $6.5 million before deducting placement agent commissions and other related expenses in a registered direct offering (the "offering"). as part of the offering, thumzup will issue 179,500 shares of series c which are non-voting shares and contain 4.99% and 9.99% beneficial ownership limitations.
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