Thumzup Media Corporation announced the pricing of its confidentially marketed public offering of common stock, and pre-funded warrants in lieu of common stock for certain investors, at a public offering price of $10 per share. The company expects to receive aggregate gross proceeds of $46.5 million from the offering.
The offering is expected to close on or about August 12, 2025, subject to customary closing conditions. Thumzup intends to use the net proceeds for exploring the accumulation of cryptocurrencies and mining equipment, working capital, and general corporate purposes.
Dominari Securities LLC is acting as the exclusive placement agent for the offering, which is being made pursuant to an effective shelf registration statement on Form S-3. This significant capital raise positions Thumzup for aggressive growth in the digital asset sector.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.