fuboTV Offers 15,000,000 Shares of Common Stock

10/1/20

NEW YORK--(BUSINESS WIRE)--fuboTV Inc. (OTCQB: FUBO), the leading sports-first live TV streaming platform, today announced the launch of its public offering of 15,000,000 shares of common stock.

The offering consists of 15,000,000 shares of common stock offered by fuboTV. The underwriters will have a 30-day option to buy an additional 2,250,000 shares of common stock from fuboTV at the public offering price, less underwriting discounts and commissions. The public offering price is currently expected to be between $9.00 and $11.00 per share. fuboTV intends to list its common stock on the New York Stock Exchange (NYSE) the day after pricing under the ticker symbol “FUBO.”

Evercore ISI is acting as the lead book-running manager for the proposed offering. BMO Capital Markets Corp., Needham & Company and Oppenheimer & Co. are acting as additional joint bookrunners for the proposed offering. Roth Capital Partners and Wedbush Securities are acting as co-managers for the proposed offering.

About fuboTV

fuboTV (OTCQB: FUBO) is the leading sports-first live TV streaming platform offering subscribers access to tens of thousands of live sporting events annually as well as leading news and entertainment content. fuboTV’s base package, fubo Standard, features a broad mix of 100+ channels, including 43 of the top 50 Nielsen-ranked networks across sports, news and entertainment (Primetime A18-49).

Continually innovating to give subscribers a premium viewing experience they can’t find with cable TV, fuboTV is regularly first-to-market with new product features and was the first virtual MVPD to stream in 4K.

fuboTV merged with FaceBank Group in April 2020 to create a leading digital entertainment company, combining fuboTV’s direct-to-consumer live TV streaming platform for cord-cutters with FaceBank’s technology-driven IP in sports, movies and live performances.

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