FuboTV (NYSE: FUBO) sets 1-for-12 reverse stock split effective Mar 24
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
FuboTV Inc. is implementing a 1-for-12 reverse stock split of its Class A and Class B common stock. The board approved the final ratio on March 20, 2026, after prior approval by the board, its audit committee, and written consent from Hulu, LLC as an entitled holder.
The company filed a Certificate of Amendment in Delaware on March 23, 2026 to effect the split. FuboTV’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 symbol “FUBO”, with a new CUSIP number 35953D401.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.03, 9.01
2 items
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What reverse stock split did FuboTV (FUBO) approve?
FuboTV approved a 1-for-12 reverse stock split of its Class A and Class B common stock. This consolidates every 12 existing shares into one share, reducing the share count while keeping overall shareholder value proportionally the same before market reactions.
When will FuboTV’s reverse stock split take effect for trading?
FuboTV’s Class A common stock is expected to begin trading on a split-adjusted basis on March 24, 2026. Trading will continue under the existing symbol “FUBO,” so investors will see the adjusted share count and price starting that market open.
Did FuboTV change its trading symbol due to the reverse split?
FuboTV is keeping its existing trading symbol “FUBO” after the 1-for-12 reverse stock split. Only the share count and price per share adjust; the ticker remains the same so investors do not need to learn or track a new symbol.
Who approved FuboTV’s reverse stock split and how was it authorized?
FuboTV’s board of directors and its audit committee approved the reverse stock split, and Hulu, LLC provided written consent as a holder with sufficient voting power. The company then filed a Certificate of Amendment in Delaware to formally implement the change.
Which corporate document did FuboTV file to implement the reverse split?
FuboTV filed a Certificate of Amendment to its certificate of incorporation with the Delaware Secretary of State on March 23, 2026. This filing legally effects the 1-for-12 reverse stock split of its Class A and Class B common stock under Delaware law.