Nasdaq listed company Thumzup submits S-3 registration statement, intending to issue up to US$200 million in securities to acquire Bitcoin

PANews May 3 news, on May 3, Nasdaq listed company Thumzup Media Corporation filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC), planning to issue common stocks, warrants, units or rights with a total amount of up to US$200 million. The company plans to use the funds raised this time for general corporate purposes, including the purchase of Bitcoin as its main reserve asset and daily working capital arrangements.