Thumzup Media Corp Says Dawson James Securities, The Underwriter Of Its Previously Announced Public Offering That Closed On October 30, Fully Exercised Its Overallotment Option, Increasing The Total Gross Proceeds To Approximately $8.2M
Portfolio Pulse from Benzinga Newsdesk
Thumzup Media Corp announced that Dawson James Securities, the underwriter of its recent public offering, has fully exercised its overallotment option, raising the total gross proceeds to approximately $8.2 million.
November 01, 2024 | 11:21 am
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Thumzup Media Corp's public offering was successful, with Dawson James Securities fully exercising its overallotment option, increasing total proceeds to $8.2 million.
The full exercise of the overallotment option by the underwriter indicates strong demand for Thumzup Media Corp's shares, which is a positive signal for the company's stock price in the short term.
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