TechFlow, July 1 — According to Investing.com, Thumzup Media Corporation (Nasdaq: TZUP), a publicly traded U.S. company, announced it has entered into a definitive agreement for a registered direct offering of $6.5 million. Under the terms of the agreement, investors will purchase up to 1,083,333 shares of common stock at a price of $6.00 per share, including convertible Series C preferred stock. Thumzup intends to use the proceeds for general corporate purposes and to explore accumulating additional cryptocurrency.
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