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Thumzup Media Priced, Nasdaq: TZUP

Provides a mobile app to connect social media influencers with brands.

Industry: Technology

Latest Trade: $3.16 0.00 (0.0%)

First Day Return: +5.0%

Return from IPO: -36.8%

Industry: Technology

The Company operates in a single business segment which is social media marketing and advertising. The Thumzup® App works on both iPhone and Android mobile operating systems and connects brands and people who use and love these brands. For the Advertiser, Thumzup® incentivizes ordinary people to become paid content Creators and post authentic valuable posts on social media about the Advertiser and its products. The Company seeks to capitalize on nationwide-wide gig economy and business democratization trends. Immense value and opportunity have been created through the democratization of ride sharing, hospitality, finance and other industries. The Thumzup® tools are designed to facilitate this democratization trend for the consumer and the Advertiser within the online marketing and advertising space. The Company has built the technology to support an influencer and “gig” economy community around its Thumzup® App. This technology and community are designed to generate scalable authentic product posts and recommendations for advertisers on social media. It is designed to connect advertisers with individuals who are willing to tell their friends about the advertisers’ products online and offline. The Thumzup® mobile App enables Creators, to select from brands advertising on the App and get paid to post about the advertiser on social media. Once the Thumzup® Creator selects the brand and takes a photo using the Thumzup® App, the Thumzup® App posts the photo and a caption to the Creator’s social media accounts. The advertiser then reviews and approves the post for payment and the Creator can cash out whenever they choose through popular digital payment systems. For the advertiser, the Thumzup® system enables brands to get real people to promote their products to their friends.
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IPO Data
IPO File Date 05/30/2024
Offer Price $5.00
Price Range $5.00 - $7.00
Offer Shares (mm) 1.4
Deal Size ($mm) $7
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/28/2024
Offer Price $5.00
Price Range $5.00 - $7.00
Offer Shares (mm) 1.4
Deal Size ($mm) $7
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Dawson James
Company Data
Headquarters Los Angeles, CA, United States
Founded 2020
Employees at IPO 6
Website www.thumzupmedia.com

Thumzup Media (TZUP) Performance