secwatch.observer — SEC 8-K summary
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Issuer:     Datacentrex, Inc. (DTCX)
CIK:        0001853825
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001493152-24-043329
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853825/000149315224043329/0001493152-24-043329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853825/000149315224043329/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-043329

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer