STOCK TITAN

[8-K] THUMZUP MEDIA Corp Reports Material Event

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(Moderate)
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8-K

Thumzup Media (TZUP) appointed Christopher Ensey to its Board, effective October 14, 2025, and named him to the audit committee. The move fills the vacancy created by Robert Haag’s resignation and restores the audit committee to three independent directors, meeting Nasdaq Listing Rule 5605(c). The company had notified Nasdaq of non-compliance on October 8 and received notice on October 9.

As part of his appointment, Mr. Ensey was granted 150,000 shares of restricted common stock under the 2025 Equity Incentive Plan, with vesting subject to the closing of Thumzup’s planned acquisition of Dogehash Technologies, Inc. under the August 18, 2025 merger agreement. The company stated there are no related party transactions involving Mr. Ensey requiring disclosure. A press release announcing the appointment was issued on October 13, 2025 and furnished as Exhibit 99.1.

Thumzup Media (TZUP) ha nominato Christopher Ensey nel suo Consiglio di Amministrazione, con effetto dal 14 ottobre 2025, e lo ha nominato al comitato audit. La scelta colma la vacanza creata dalle dimissioni di Robert Haag e ripristina il comitato di revisione a tre amministratori indipendenti, in conformità con la Nasdaq Listing Rule 5605(c). L'azienda aveva comunicato a Nasdaq la non conformità l'8 ottobre e ne aveva ricevuto la nota il 9 ottobre.

Con la nomina, il signor Ensey ha ricevuto 150.000 azioni ordinarie vincolate nell'ambito del 2025 Equity Incentive Plan, con vesting subordinato alla chiusura dell'acquisizione prevista di Dogehash Technologies, Inc. secondo l'accordo di fusioni del 18 agosto 2025. L'azienda ha dichiarato che non esistono operazioni con parti correlate riguardanti il signor Ensey che richiedano disclosure. Un comunicato stampa annunciante la nomina è stato emesso il 13 ottobre 2025 e fornito come Allegato 99.1.

Thumzup Media (TZUP) designó a Christopher Ensey para su Junta, con efecto a partir del 14 de octubre de 2025, y lo nombró para el comité de auditoría. El movimiento llena la vacante creada por la renuncia de Robert Haag y restaura el comité de auditoría a tres directores independientes, cumpliendo con la Regla 5605(c) de Nasdaq Listing. La empresa había notificado a Nasdaq de incumplimiento el 8 de octubre y recibió la notificación el 9 de octubre.

Como parte de su nombramiento, al Sr. Ensey se le otorgaron 150,000 acciones comunes restringidas bajo el Plan de Incentivos de Acciones 2025, con la vigencia sujeta al cierre de la adquisición prevista de Dogehash Technologies, Inc. según el acuerdo de fusión del 18 de agosto de 2025. La compañía declaró que no existen transacciones con partes relacionadas que involucren al Sr. Ensey y que requieran divulgación. Un comunicado de prensa anunciando el nombramiento fue emitido el 13 de octubre de 2025 y se presentó como el Exhibit 99.1.

Thumzup Media (TZUP)는 Christopher Ensey를 이사회에 임명했고, 2025년 10월 14일부터 효력이 발생하며 감사위원회에도 임명했습니다. 이 조치는 Robert Haag의 사임으로 생긴 공석을 채우고 감사위원회를 3인의 독립 이사로 복원하여 나스닥 상장 규정 5605(c)를 충족합니다. 회사는 2025년 10월 8일에 나스닥에 비준수를 통지했고 10월 9일에 통지를 받았습니다.

임명으로 Ensey 씨는 2025년 주식보상계획에 따라 150,000주의 제한된 보통주를 부여받았으며, vesting은 Thumzup의 Dogehash Technologies, Inc. 인수 완료에 따라 달라지며 2025년 8월 18일 합병 계약에 따라 진행됩니다. 회사는 Ensey 씨와 관련된 이해 상충 거래가 공개를 필요로 하지 않는다고 밝혔습니다. 임명 발표 보도자료는 2025년 10월 13일에 발표되었고 Exhibit 99.1로 제출되었습니다.

Thumzup Media (TZUP) a nommé Christopher Ensey au conseil d'administration, à compter du 14 octobre 2025, et l'a nommé au comité d'audit. Cette nomination comble le poste vacant créé par la démission de Robert Haag et rétablit le comité d'audit à trois administrateurs indépendants, conformément à la Nasdaq Listing Rule 5605(c). La société avait informé Nasdaq de la non-conformité le 8 octobre et avait reçu l'avis le 9 octobre.

Dans le cadre de sa nomination, M. Ensey a reçu 150 000 actions ordinaires restreintes dans le cadre du Plan d'intéressement en actions 2025, avec la vesting subordonnée à la clôture de l'acquisition prévue de Dogehash Technologies, Inc. selon l'accord de fusion du 18 août 2025. La société a déclaré qu'il n'existe aucune transaction avec des parties liées impliquant M. Ensey nécessitant disclosure. Un communiqué de presse annonçant la nomination a été émis le 13 octobre 2025 et soumis en tant qu'Exhibit 99.1.

Thumzup Media (TZUP) hat Christopher Ensey in den Vorstand berufen, mit Wirkung vom 14. Oktober 2025, und ihn dem Audit Committee zugeteilt. Die Maßnahme schließt die durch den Rücktritt von Robert Haag entstandene Lücke und stellt das Audit Committee wieder auf drei unabhängige Direktoren her, womit Nasdaq Listing Rule 5605(c) erfüllt wird. Das Unternehmen hatte Nasdaq am 8. Oktober über die Nichteinhaltung informiert und den Hinweis am 9. Oktober erhalten.

Im Rahmen seiner Ernennung erhielt Herr Ensey 150.000 Stammaktien mit Beschränkungen gemäß dem Equity Incentive Plan 2025, wobei die Vesting an die Abschlussbedingung der geplanten Übernahme von Dogehash Technologies, Inc. gemäß dem Fusionsvertrag vom 18. August 2025 gebunden ist. Das Unternehmen erklärte, dass es keine mit Herrn Ensey verbundenen Transaktionen gibt, die Offenlegung erfordern. Eine Pressemitteilung über die Ernennung wurde am 13. Oktober 2025 veröffentlicht und als Exhibit 99.1 beigefügt.

عينت Thumzup Media (TZUP) كريستوفر إنسيي في مجلس إدارتها، اعتباراً من 14 أكتوبر 2025، وأوردت تعيينه في لجنة التدقيق. تملأ هذه الخطوة الفراغ الناتج عن استقالة روبرت هااج وتعيد لجنة التدقيق إلى ثلاث مديرين مستقلين، بما يتوافق مع قيد Nasdaq Listing Rule 5605(c). كانت الشركة قد أبلغت Nasdaq بعدم الامتثال في 8 أكتوبر وتلقت الإخطار في 9 أكتوبر.

كجزء من تعيينه، تم منح السيد إنسيي 150,000 سهماً مقيداً من الأسهم العادية بموجب خطة التحفيز 2025، مع قِطع الاستحقاق المشروطة بإغلاق اتفاقية اندماج Thumzup المقررة مع Dogehash Technologies, Inc. وفق اتفاقية الدمج الموقعة في 18 أغسطس 2025. وأفادت الشركة بأنه لا توجد معاملات مع أطراف ذات صلة تتعلق بالسيد إنسي تحتاج إلى الإفصاح. صدر بيان صحفي يعلن التعيين في 13 أكتوبر 2025 وقدم ك Exhibit 99.1.

Thumzup Media (TZUP) 任命 Christopher Ensey 为其董事会成员,生效日期为 2025 年 10 月 14 日,并任命他进入审计委员会。 这一举措填补了由 Robert Haag 辞职而产生的空缺,使审计委员会恢复为三名独立董事,符合纳斯达克上市规则 5605(c)。公司在 10 月 8 日已通知 Nasdaq 不合规,9 日收到通知。

在任命的过程中,Ensey 先生根据 2025 股权激励计划获得了 150,000 股受限普通股,等待归属,归属以 Thumzup 计划收购 Dogehash Technologies, Inc. 是否完成为前提,收购依据 2025 年 8 月 18 日的合并协议。公司表示,关于 Ensey 先生没有需要披露的相关方交易。宣布任命的新闻稿于 2025 年 10 月 13 日发布,作为 Exhibit 99.1 提交。

Positive
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Insights

Board appointment restores audit committee compliance; equity grant is conditional.

Thumzup Media named Christopher Ensey to the Board and audit committee, filling a vacancy and bringing the audit committee back to three independent directors, which aligns with Nasdaq Listing Rule 5605(c). The company had flagged non-compliance after a director resignation and now states compliance is restored.

The grant of 150,000 restricted shares is tied to a specific milestone: vesting occurs only upon closing of the Dogehash Technologies acquisition under the August 18, 2025 merger agreement. This links equity compensation to transaction completion rather than time-based service alone.

The immediate effect is governance continuity and listing rule compliance; any share issuance impact depends on the Dogehash deal closing. A press release was furnished on October 13, 2025 confirming the appointment.

Thumzup Media (TZUP) ha nominato Christopher Ensey nel suo Consiglio di Amministrazione, con effetto dal 14 ottobre 2025, e lo ha nominato al comitato audit. La scelta colma la vacanza creata dalle dimissioni di Robert Haag e ripristina il comitato di revisione a tre amministratori indipendenti, in conformità con la Nasdaq Listing Rule 5605(c). L'azienda aveva comunicato a Nasdaq la non conformità l'8 ottobre e ne aveva ricevuto la nota il 9 ottobre.

Con la nomina, il signor Ensey ha ricevuto 150.000 azioni ordinarie vincolate nell'ambito del 2025 Equity Incentive Plan, con vesting subordinato alla chiusura dell'acquisizione prevista di Dogehash Technologies, Inc. secondo l'accordo di fusioni del 18 agosto 2025. L'azienda ha dichiarato che non esistono operazioni con parti correlate riguardanti il signor Ensey che richiedano disclosure. Un comunicato stampa annunciante la nomina è stato emesso il 13 ottobre 2025 e fornito come Allegato 99.1.

Thumzup Media (TZUP) designó a Christopher Ensey para su Junta, con efecto a partir del 14 de octubre de 2025, y lo nombró para el comité de auditoría. El movimiento llena la vacante creada por la renuncia de Robert Haag y restaura el comité de auditoría a tres directores independientes, cumpliendo con la Regla 5605(c) de Nasdaq Listing. La empresa había notificado a Nasdaq de incumplimiento el 8 de octubre y recibió la notificación el 9 de octubre.

Como parte de su nombramiento, al Sr. Ensey se le otorgaron 150,000 acciones comunes restringidas bajo el Plan de Incentivos de Acciones 2025, con la vigencia sujeta al cierre de la adquisición prevista de Dogehash Technologies, Inc. según el acuerdo de fusión del 18 de agosto de 2025. La compañía declaró que no existen transacciones con partes relacionadas que involucren al Sr. Ensey y que requieran divulgación. Un comunicado de prensa anunciando el nombramiento fue emitido el 13 de octubre de 2025 y se presentó como el Exhibit 99.1.

Thumzup Media (TZUP)는 Christopher Ensey를 이사회에 임명했고, 2025년 10월 14일부터 효력이 발생하며 감사위원회에도 임명했습니다. 이 조치는 Robert Haag의 사임으로 생긴 공석을 채우고 감사위원회를 3인의 독립 이사로 복원하여 나스닥 상장 규정 5605(c)를 충족합니다. 회사는 2025년 10월 8일에 나스닥에 비준수를 통지했고 10월 9일에 통지를 받았습니다.

임명으로 Ensey 씨는 2025년 주식보상계획에 따라 150,000주의 제한된 보통주를 부여받았으며, vesting은 Thumzup의 Dogehash Technologies, Inc. 인수 완료에 따라 달라지며 2025년 8월 18일 합병 계약에 따라 진행됩니다. 회사는 Ensey 씨와 관련된 이해 상충 거래가 공개를 필요로 하지 않는다고 밝혔습니다. 임명 발표 보도자료는 2025년 10월 13일에 발표되었고 Exhibit 99.1로 제출되었습니다.

Thumzup Media (TZUP) a nommé Christopher Ensey au conseil d'administration, à compter du 14 octobre 2025, et l'a nommé au comité d'audit. Cette nomination comble le poste vacant créé par la démission de Robert Haag et rétablit le comité d'audit à trois administrateurs indépendants, conformément à la Nasdaq Listing Rule 5605(c). La société avait informé Nasdaq de la non-conformité le 8 octobre et avait reçu l'avis le 9 octobre.

Dans le cadre de sa nomination, M. Ensey a reçu 150 000 actions ordinaires restreintes dans le cadre du Plan d'intéressement en actions 2025, avec la vesting subordonnée à la clôture de l'acquisition prévue de Dogehash Technologies, Inc. selon l'accord de fusion du 18 août 2025. La société a déclaré qu'il n'existe aucune transaction avec des parties liées impliquant M. Ensey nécessitant disclosure. Un communiqué de presse annonçant la nomination a été émis le 13 octobre 2025 et soumis en tant qu'Exhibit 99.1.

Thumzup Media (TZUP) hat Christopher Ensey in den Vorstand berufen, mit Wirkung vom 14. Oktober 2025, und ihn dem Audit Committee zugeteilt. Die Maßnahme schließt die durch den Rücktritt von Robert Haag entstandene Lücke und stellt das Audit Committee wieder auf drei unabhängige Direktoren her, womit Nasdaq Listing Rule 5605(c) erfüllt wird. Das Unternehmen hatte Nasdaq am 8. Oktober über die Nichteinhaltung informiert und den Hinweis am 9. Oktober erhalten.

Im Rahmen seiner Ernennung erhielt Herr Ensey 150.000 Stammaktien mit Beschränkungen gemäß dem Equity Incentive Plan 2025, wobei die Vesting an die Abschlussbedingung der geplanten Übernahme von Dogehash Technologies, Inc. gemäß dem Fusionsvertrag vom 18. August 2025 gebunden ist. Das Unternehmen erklärte, dass es keine mit Herrn Ensey verbundenen Transaktionen gibt, die Offenlegung erfordern. Eine Pressemitteilung über die Ernennung wurde am 13. Oktober 2025 veröffentlicht und als Exhibit 99.1 beigefügt.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (date of earliest event reported): October 12, 2025

 

THUMZUP MEDIA CORPORATION

(Exact name of registrant as specified in its charter)

 

Nevada   001-42388   85-3651036

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

10557 Jefferson Blvd., Los Angeles, CA 90232

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (800) 403-6150

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, $0.001 par value   TZUP   The Nasdaq Stock Market LLC

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On October 12, 2025, the Board of Directors (the “Board”) of Thumzup Media Corporation (the “Company”) appointed Christopher Ensey as a member of the Board effective as of October 14, 2025, to fill the vacancy created by the resignation of Robert Haag. The Board also appointed Mr. Ensey as a member of the audit committee of the Board.

 

Mr. Ensey, age 46, served as a senior technology and cybersecurity executive across multiple leading organizations from 2019 to 2024. Since 2023, Mr. Ensey has served as Chief Executive Officer of Alignment Engine, where he leads initiatives in AI/HPC datacenter design and GPU interconnect hardware, guiding company strategy, fundraising, and market positioning. Prior to this, as Founding Partner and Chief Technology Officer of Gulp Data from 2021 to 2023, Mr. Ensey developed and scaled an AI-driven data valuation platform, establishing robust enterprise partnerships and overseeing engineering. Mr. Ensey also served as Chief Technical Advisor to Gryphon Digital Mining (now American Bitcoin Mining Corp.) (NASDAQ: ABTC) from June 2021 to January 2024. From 2020 to 2021, he served as Chief Technology Officer at eMed, launching an FDA-authorized digital health platform that rapidly scaled to serve millions of users and resulted in six issued patents. As Chief Technology Officer of BlueVoyant between 2019 and 2020, Mr. Ensey managed global cybersecurity operations, directed a $45 million budget, and successfully reduced annual cloud expenditures. Mr. Ensey also served as Chief Operating Officer of Riot Blockchain, Inc. (now Riot Platforms, Inc.) (NASDAQ: RIOT) from January 2018 to September 2018, and as Interim Chief Executive Officer from September 2018 to February 2019. Mr. Ensey’s educational background includes degrees and certifications relevant to technology leadership and cybersecurity. Mr. Ensey is qualified to serve on the Board based on his extensive leadership and expertise in technology and cybersecurity.

 

Except for the grant of 150,000 shares of the Company’s restricted common stock to Mr. Ensey pursuant to the Company’s 2025 Equity Incentive Plan, the vesting of which is subject to closing of the acquisition by the Company of Dogehash Technologies, Inc. pursuant to that certain Agreement and Plan of Merger dated as of August 18, 2025 by and among the Company, TZUP Merger Sub, Inc., a wholly-owned subsidiary of the Company, and Dogehash, there are no arrangements or understandings between Mr. Ensey and any other persons pursuant to which Mr. Ensey was selected as a director. In addition, there are no related party transactions involving Mr. Ensey that are reportable under Item 404(a) of Regulation S-K.

 

Item 8.01 Other Events

 

On October 13, 2025, the Company issued a press release announcing the appointment of Christopher Ensey as a member of the Company’s Board. A copy of the press release is attached hereto as Exhibit 99.1, which is incorporated herein by reference.

 

As previously disclosed, on October 8, 2025, the Company informed The Nasdaq Stock Market, LLC (“Nasdaq”) that it was not in compliance with the Nasdaq Listing Rule 5605(c) as a result of Mr. Haag’s resignation from the Company’s Board and its committees and, on October 9, 2025, the Company was notified by Nasdaq of its non-compliance. As a result of Mr. Ensey’s appointment to the Board and the audit committee of the Board, the Company currently has an audit committee composed of three independent directors as required by Nasdaq Listing Rule 5605(c).

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press release dated October 13, 2025
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

-2-

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: October 14, 2025 THUMZUP MEDIA CORPORATION
     
  By: /s/ Robert Steele
  Name: Robert Steele
  Title: Chief Executive Officer

 

-3-

 

FAQ

What did Thumzup (TZUP) announce in this 8-K?

The company appointed Christopher Ensey to its Board effective October 14, 2025 and to the audit committee, restoring compliance with Nasdaq Rule 5605(c).

When does Christopher Ensey join Thumzup’s Board?

His appointment is effective October 14, 2025.

What equity compensation did Ensey receive at Thumzup (TZUP)?

He was granted 150,000 restricted shares under the 2025 Equity Incentive Plan; vesting is subject to closing of the Dogehash acquisition.

How does this affect Thumzup’s Nasdaq compliance?

With Ensey’s appointment, the audit committee now has three independent directors, meeting Nasdaq Listing Rule 5605(c).

Were there any related party transactions involving Ensey?

No. The company stated there are no related party transactions reportable under Item 404(a) of Regulation S-K.

Did Thumzup issue a press release about the appointment?

Yes. A press release dated October 13, 2025 was furnished as Exhibit 99.1.

What condition ties to Ensey’s restricted share grant?

Vesting is conditioned on the closing of the Dogehash Technologies, Inc. acquisition under the August 18, 2025 merger agreement.
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