Summary
- Thumzup reportedly submitted a securities registration statement to the SEC to issue up to $200 million worth of common stock.
- They announced plans to accumulate Bitcoin with the funds raised.
- It was reported that the funds will be used for various corporate activities, including Bitcoin.
On the 3rd (local time), WuBlockchain reported that Nasdaq-listed social media marketing company Thumzup Media Corporation has submitted a securities registration statement (S-3) to the Securities and Exchange Commission (SEC) to issue up to $200 million worth of common stock, warrants, stock, or rights.
The funds raised through the stock issuance will be used for corporate activities, including accumulating Bitcoin (BTC).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
