Thumzup Media Corporation - TZUP STOCK NEWS

Thumzup Media (Nasdaq: TZUP) has launched beta video capabilities with Instagram Reels integration, expanding its social media monetization platform. The new feature allows users to earn money through Venmo and PayPal for video content posted on Instagram Reels. The platform has already facilitated over 23,000 paid posts and distributed approximately $230,000 to creators. With Instagram Reels reaching over 726 million unique users and accounting for 50% of time spent on Instagram, Thumzup aims to leverage this engagement for advertisers and creators. The beta launch will help fine-tune the video experience before full-scale implementation.

Thumzup Media (Nasdaq: TZUP) is finalizing video capabilities to integrate with Instagram Reels, expanding beyond its current single-photo post monetization system. The platform has facilitated over 23,000 single-photo posts and paid approximately $230,000 to creators through Venmo and PayPal. The integration aims to tap into Instagram Reels' audience of over 726 million unique users, leveraging its reported 22% higher interaction rate compared to standard video posts. According to platform statistics, Reels account for 50% of time spent on Instagram and are played over 140 billion times daily.

Thumzup Media (Nasdaq: TZUP) announced the full exercise of the underwriter's overallotment option by Dawson James Securities, Inc. The underwriter purchased an additional 213,750 shares at $5.00 per share, bringing the total shares sold to 1,638,750. This increased the gross proceeds to approximately $8.2 million before deducting underwriting discounts, commissions, and offering expenses. The option closing is scheduled for November 1, 2024. The offering was made through a Form S-1 registration statement declared effective by the SEC on October 28, 2024.

Thumzup Media (NASDAQ: TZUP) has announced plans for significant advertiser base expansion in 2025, targeting a 1,000% increase from its current 500 advertisers to over 5,000. The company's growth strategy includes expanding its Account Specialist Program (ASP), which enables gig workers to earn income by signing up local advertisers. Additional plans include entering new markets, adding Instagram Reels integration, enhancing targeting and attribution data, and incorporating more social media platforms. The company has secured new funding to support the ASP expansion.

Thumzup Media (Nasdaq: TZUP) has successfully closed an upsized underwritten public offering of 1,425,000 shares of common stock. The deal size increased by $875,000 from $6,250,000 to $7,125,000 in gross proceeds. The company granted underwriters a 45-day over-allotment option to purchase up to additional 213,750 shares. Dawson James Securities acted as the Sole Book-Running Manager. The offering was made through a Form S-1 registration statement declared effective by the SEC on October 28, 2024.

Thumzup Media (Nasdaq: TZUP) has announced the pricing of an underwritten public offering of 1,425,000 shares of common stock at $5.00 per share, totaling $7,125,000. The company has granted underwriters a 45-day over-allotment option for an additional 213,750 shares. The offering is expected to close on October 30, 2024. Thumzup's common stock has been approved for listing on The Nasdaq Capital Market, trading under the symbol 'TZUP' starting October 29th, 2024. Dawson James Securities is serving as the Sole Book-Running Manager for the offering.

Thumzup Media (OTCQB: TZUP) announces its co-hosting of the Culver City Biz October Evening Mixer with KBella Pizza on Thursday, October 3, 2024, from 4:30 PM to 6:30 PM. The event, held at KBella Pizza in Culver City, offers attendees the chance to earn $10 by posting about the event's refreshments using the Thumzup app.

Robert Steele, CEO and Founder of Thumzup, emphasizes the event's role in providing networking opportunities and showcasing the Thumzup app's benefits for businesses and individuals. The mixer will include finger food, drinks, and a brief introduction to the Thumzup app. Attendance is free, but registration is required via email or text.

Thumzup Media (OTCQB: TZUP) has announced a partnership with Fat Tomato Pizza's West LA and La Cienega locations. This collaboration allows customers to earn cash rewards for sharing their pizza experiences on social media through the Thumzup app. Fat Tomato, known for its New York-style pizza, is now part of Thumzup's growing roster of partners on its proprietary cash rewards platform.

Robert Steele, CEO and Founder of Thumzup, expressed excitement about expanding their presence across Los Angeles and highlighted Fat Tomato's dedication to its customers. The partnership aims to make dining at Fat Tomato even more satisfying by offering rewards for customer patronage and social media promotion. The Thumzup app is available for download on both the App Store and Google Play.

Thumzup Media (OTCQB: TZUP) has welcomed Helms Flowers as a new advertising partner on its social media AdTech platform. Helms Flowers, a family-owned business in West Los Angeles, recently opened its second location. Through this partnership, Thumzup users can now earn cash for sharing their experiences and showcasing Helms Flowers' floral arrangements on the app.

Helms Flowers offers a curated selection of global flowers and plants across its two locations, with a team of floral artists crafting personalized arrangements. The partnership aims to support Helms Flowers in expanding its reach and growing its customer base. Thumzup's CEO, Robert Steele, expressed excitement about the collaboration, emphasizing the company's mission to empower businesses of all sizes.