Thumzup Media raises $7.125M in Nasdaq IPO at $5/share; stock starts trading Oct 29

Datacentrex, Inc.

Raised $7.125M gross from upsized offering of 1.425M shares at $5.00 each; closed Oct 30, 2024.
Common stock began trading on Nasdaq Capital Market Oct 29 under ticker TZUP.
CEO Robert Steele: base salary $168K, step-ups to $500K based on ad revenue milestones; $50K bonus upon listing.
CFO Isaac Dietrich: base salary $168K, step-ups to $350K; $25K bonus upon listing.
Granted 155,000 stock options at $5.47 strike to nine non-executive employees, vesting quarterly over 4 years.

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