An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
FuboTV Announces Inducement Grants Under NYSE Listing Rule 303A.08
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
FuboTV Inc. (NYSE: FUBO) announced on August 16, 2022, that its Compensation Committee granted restricted stock unit awards for a total of 40,283 shares to five new non-executive employees. These awards are part of FuboTV’s 2022 Employment Inducement Equity Incentive Plan and vest annually over four years, contingent on continued employment. This move aligns with FuboTV's strategy to attract and retain talent in the highly competitive streaming market.
Positive
Awarding 40,283 shares signals commitment to talent retention.
Implementation of the 2022 Employment Inducement Equity Incentive Plan indicates forward-looking growth strategy.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that on August 16, 2022, the Compensation Committee of FuboTV’s Board of Directors granted restricted stock unit awards covering an aggregate of 40,283 shares of its common stock to five new non-executive employees to induce them to join FuboTV. The awards were granted under FuboTV’s 2022 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules.
About FuboTV With a mission to build the world’s leading global live TV streaming platform with the greatest breadth of premium content and interactivity, FuboTV Inc. (NYSE: FUBO) aims to transcend the industry’s current TV model. FuboTV Inc. operates in the U.S., Canada, France and Spain.
Leveraging its proprietary data and technology platform optimized for live TV and sports viewership, FuboTV Inc. aims to turn passive viewers into active participants and define a new category of interactive sports and entertainment television. The company's sports-first cable TV replacement product, FuboTV, offers U.S. subscribers more than 100 live sports, news and entertainment networks and is the only live TV streaming platform with every Nielsen-rated sports channel (source: Nielsen Total Viewers, 2021). Subscribers can interact with FuboTV’s live streaming experience through Fubo Sportsbook (in markets where available), free games and pick’ems, which are integrated into select sports content.
