Thumzup (NASDAQ: TZUP) Files Amendment to Shelf Registration, Increases Offering Amount to $500 Million

Thumzup (NASDAQ: TZUP), a provider of social media branding and programmatic marketing solutions, has filed an amendment to its universal shelf registration on Form S-3 with the SEC, increasing the maximum aggregate offering amount from $200 million to $500 million. The expanded filing, once effective, will give Thumzup the flexibility to raise capital over the next three years through a variety of securities offerings, including stock, warrants and debt instruments. Proceeds may be used for working capital and to advance the company’s Bitcoin (“BTC”) treasury strategy, which allows for up to 90% of liquid assets to be allocated to BTC. No securities are being offered or sold at this time.

Thumzup Media Corporation is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through PayPal and other digital payment systems.