|8-KFeb 6, 4:45 PM ET

FuboTV Inc. 8-K

Research Summary

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Updated

FuboTV Inc. Announces Reverse Stock Split Option (1-for-8 to 1-for-12)

What Happened

  • FuboTV Inc. filed an 8-K on Feb. 6, 2026 reporting that on Feb. 3, 2026 Hulu, LLC delivered a written consent approving amendments to the company’s certificate of incorporation to allow a reverse stock split of its Class A and Class B common stock. The Board may choose any whole-number ratio between 1-for-8 and 1-for-12 (and may abandon the amendments). No further stockholder vote is required.

Key Details

  • Hulu delivered the consent on Feb. 3, 2026 as the holder of at least the minimum votes required to take action.
  • The reverse split would apply to both Class A and Class B common stock (par value $0.0001 per share).
  • The Board will determine the exact ratio and timing; the amendment is not immediately effective and cannot be implemented earlier than 20 days after the Information Statement is mailed.
  • An Information Statement on Schedule 14C will be filed with the SEC and sent to stockholders of record as of Feb. 3, 2026. The Board retains discretion to abandon the Reverse Stock Split Amendment.

Why It Matters

  • A reverse stock split consolidates shares, reducing the number of outstanding shares and proportionally increasing the per‑share price; this is a mechanical change in share count and per‑share metrics.
  • The Board’s choice of ratio and timing will determine how many shares each holder owns post‑split and can affect trading liquidity and per‑share measures investors use (e.g., price per share, shares outstanding).
  • Investors should review the upcoming Schedule 14C Information Statement and the company’s filings (including the Dec. 31, 2025 Form 10-Q risk factors) for timing, the final ratio if set, and related effects. The filing also contains forward‑looking statements and cautions about risks and uncertainties.