Thumzup Media Prices IPO at $5/sh, Uplists to Nasdaq

investing.com 29/10/2024 - 10:15 AM

Thumzup Media Corporation Press Release

Thumzup Media Corporation (Nasdaq: TZUP), a leader in innovative social media branding and marketing solutions, is pleased to announce the pricing of an underwritten public offering of 1,425,000 shares of common stock at $5.00 per share (the “Shares”). The Company has granted underwriters a 45-day over-allotment option to purchase an additional 213,750 Shares, less underwriting discounts and commissions. Closing is expected on October 30, 2024.

The Company has received approval to list its common stock on The Nasdaq Capital Market. Trading will commence under the ticker symbol TZUP on October 29, 2024.

Dawson James Securities, Inc. is the Sole Book-Running Manager for this offering.

Sichenzia Ross Ference Carmel LLP, New York, NY, represented the Company, while ArentFox Schiff LLP, Washington, DC, represented the underwriter.

This offering is made pursuant to a registration statement on Form S-1 (File No. 333-279828), declared effective by the SEC on October 28, 2024. The securities will be offered only by means of a prospectus, available at www.sec.gov or from Dawson James Securities, Inc.

This press release does not constitute an offer to sell or solicit an offer to buy these securities in any jurisdiction where such offer would be unlawful prior to registration or qualification under the applicable securities laws.




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