[SCHEDULE 13G/A] Thumzup Media Corporation SEC Filing
Amendment No. 2 to Schedule 13G filed on 08/06/2025 discloses that American Ventures LLC, Series V TZUP I now holds 0 shares of Thumzup Media Corporation (Ticker: TZUP, CUSIP 88604J103), representing 0 % of the outstanding common stock.
The reporting person therefore falls below the 5 % ownership threshold that triggered prior Schedule 13G filings and reports no sole or shared voting or dispositive power. The accompanying certification states the securities were not acquired to influence control.
- Date of event requiring filing: 08/05/2025
- Reporting entity: American Ventures LLC, Series V TZUP I (Delaware, USA)
- Classification: OO (other)
- Implication: former significant shareholder has completely exited, increasing public float but possibly indicating reduced confidence.
- None.
- Prior 5 %+ shareholder reduced its stake to zero, potentially signaling waning confidence and adding selling pressure to TZUP shares.
Insights
TL;DR: Former 5% holder exits TZUP; neutral-to-slightly negative signal for sentiment.
American Ventures previously owned at least 5 % of Thumzup’s common stock; this amendment shows a full divestiture, leaving it with 0 voting or dispositive power. The move removes a concentrated owner, which can increase liquidity, but also suggests the investor no longer sees compelling near-term value. Because no new strategic holder replaces the position and no control issues arise, the filing is governance-neutral yet could exert modest selling pressure if the exit was via open-market sales.