fuboTV shareholder approves reverse stock split amendment
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FuboTV Inc. (NYSE: FUBO) received shareholder approval for a reverse stock split of its Class A and Class B common stock on February 3, 2026, according to a company statement.
Hulu, LLC, holding sufficient voting power to authorize the action, delivered written consent to approve amendments to the company's certificate of incorporation. The reverse stock split would be implemented at a ratio between 1-for-8 and 1-for-12, with the exact ratio to be determined by the board of directors.
The company will file an information statement on Schedule 14C with the Securities and Exchange Commission and distribute it to stockholders of record as of February 3, 2026. No additional stockholder approval is required for the reverse stock split amendment.
The reverse stock split amendment is not immediately effective. The board retains discretion to implement the split on a future date, but not earlier than 20 days after the information statement is mailed to stockholders. The board also maintains authority to abandon the amendments.
Both Class A and Class B common stock carry a par value of $0.0001 per share and would be affected by the reverse stock split if implemented.
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