Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

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Subsequent Events
9 Months Ended
Sep. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events

Note 7 – Subsequent Events

 

The Company has evaluated subsequent events from the balance sheet date through the date which the financial statements were issued.

 

The Company is currently conducting an offering under Regulation A+, pursuant to an Offering Statement on Form 1-A/A filed on December 23, 2022 and qualified on January 9, 2023, through which the Company is offering up to 2 million shares of common stock at a purchase price of $4.50 per share. On October 17, 2023, Thumzup closed on subscriptions for 60,458 shares of common stock for proceeds of $239,108, net offering costs of $2,255. Further, as of November 7, 2023, the Company had subscriptions for 13,210 shares for an aggregate subscription amount of $62,335 in escrow as fully described in the Company’s Form 1-A/A filed on December 23, 2022. The Company will not receive any funds and will not issue any shares of common stock until the transactions are released from escrow.