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LOS ANGELES—Robert L. Haag, a director at Thumzup Media Corp (OTC:TZUP), lately acquired 3,000 shares of the corporate’s widespread inventory, in response to a submitting with the Securities and Trade Fee. The acquisition, executed on December 5, was made at a worth of $4.85 per share, totaling roughly $14,549. The inventory, which at the moment trades at $4.91, has proven vital volatility this yr, starting from $2.76 to $7.89. In response to InvestingPro evaluation, the corporate seems overvalued at present ranges.
Following this transaction, Haag, by way of Westside Strategic Companions, LLC, now holds 295,310 shares not directly. Moreover, he owns 125 shares straight. Haag, because the managing member and sole proprietor of Westside Strategic Companions, LLC, maintains voting management and funding discretion over the securities held by the entity. The corporate, with a market capitalization of $46.1 million, maintains a formidable gross revenue margin of 86.7%.
Thumzup Media Corp, primarily based in Los Angeles, operates inside the know-how sector, specializing in pc processing and knowledge preparation companies. InvestingPro evaluation reveals a number of further insights concerning the firm’s monetary well being and market place, with 8 extra unique ideas out there to subscribers.
In different latest information, Thumzup Media Company has reported vital developments. The corporate has introduced a strategic partnership with AI skilled, Tedras World Options, to reinforce its promoting platform. This partnership is predicted to enhance the platform’s performance and lengthen its market attain. Thumzup has additionally introduced plans to combine its platform with X Corp., aiming to capitalize on the rising digital promoting market.
Moreover, Thumzup has reported a considerable enhance in its advertiser base, increasing from 183 to 554 advertisers. The corporate has additionally introduced plans for aggressive growth into key Los Angeles areas, meaning to strengthen partnerships with native companies and empower gig financial system staff.
Along with these developments, Thumzup is finalizing the combination of its advert tech platform with Instagram Reels, which is predicted to spice up consumer engagement and monetization alternatives. The corporate has additionally accomplished an extra public providing, producing gross proceeds of roughly $8.2 million. These are latest developments in Thumzup’s ongoing mission to revolutionize the social media advertising business.
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