Thumzup Media Corporation announced that it has entered into a securities purchase agreement with four accredited investors for the private placement and issued 16,446 shares of its series A preferred convertible voting stock at a per share price of $45 per preferred share and received gross proceeds of $740,000 on September 21, 2022. Each share of series A preferred initially converts into 15 shares of common stock at a reference rate of $3 per share of common stock. The series A preferred were offered and sold pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act.