03/23/2026 | Press release | Distributed by Public on 03/23/2026 14:26
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
As previously disclosed, on February 3, 2026, at the recommendation of the board of directors (the "Board") of FuboTV Inc. (the "Company"), Hulu, LLC, as the holder of not less than the minimum number of votes that would be necessary to authorize or take action at a meeting at which all shares of the Company's common stock entitled to vote thereon were present and voted, delivered to the Company a written consent pursuant to Sections 4.02 and 10.01 of the Company's certificate of incorporation (the "Certificate") approving amendments to the Certificate to effect a reverse stock split of the Company's Class A common stock, par value $0.0001 per share, and Class B common stock, par value $0.0001 per share, at a ratio ranging from any whole number between 1-for-8 and 1-for-12, as determined by the Company's Board in its discretion. The amendments were previously approved by the Board and the Audit Committee of the Board in accordance with the Certificate. On March 20, 2026, the Board approved the reverse stock split at a final ratio of 1-for-12.
On March 23, 2026, the Company filed a Certificate of Amendment to the Certificate (the "Certificate of Amendment") with the Secretary of State of the State of Delaware to effect the reverse stock split. The Company's Class A common stock is expected to begin trading on a split-adjusted basis at market open on March 24, 2026 under the existing trading symbol "FUBO," with a new CUSIP number of 35953D401.
The Certificate of Amendment is filed herewith as Exhibit 3.1 to this Current Report on Form 8-K. The foregoing description of the changes contained in the Certificate of Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Certificate of Amendment, which is incorporated herein by reference.