Thumzup Media Corporation Announces Public Offering
Thumzup Media Corporation (Nasdaq: TZUP) has revealed its plan to launch a public offering of common stock, including pre-funded warrants available for select investors. The common stock will be offered at $10 per share, with the company anticipating gross earnings of approximately $46.5 million from this initiative prior to accounting for any underwriting costs or related expenses.
Financial Details and Purpose
This financial move is targeted to close around August 12, 2025, pending standard closing prerequisites. The funds raised are earmarked for investment into cryptocurrency ventures, acquisition of mining equipment, operational expenses, and general corporate needs.
Notable Shareholder Acquisition
In a noteworthy development, Donald Trump Jr., the son of the former U.S. President, disclosed in July 2025 that he had acquired 350,000 shares of Thumzup, valued between $3.3 million and $4.3 million following an investment advisor’s guidance. It is important to note that Trump Jr. does not hold any management or advisory position within Thumzup, functioning solely as a shareholder.
