fuboTV closes public offering
October 14, 2020
fuboTV, the sports-first live TV streaming platform, has announced the closing of its previously announced public offering of 18,300,000 shares of its common stock at the public offering price of $10 per share pursuant to an effective Registration Statement on Form S-1 filed with the US Securities and Exchange Commission (SEC).
fuboTV said it received total gross proceeds of $183 million, before deducting the underwriting discounts and commissions and other offering expenses.
Evercore ISI acted as the lead book-running manager for the offering. BMO Capital Markets Corp, Needham & Company and Oppenheimer & Co acted as additional joint bookrunners for the offering. Roth Capital Partners and Wedbush Securities acted as co-managers for the offering.
A registration statement relating to the securities has been filed with, and declared effective by, the SEC.
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