FuboTV Inc. 8-K

What Happened FuboTV Inc. announced that its board approved a reverse stock split of its Class A and Class B common stock at a final ratio of 1-for-12. A written consent from Hulu, LLC (a holder with sufficient voting power) was delivered on February 3, 2026; the Board set the final 1-for-12 ratio on March 20, 2026 and the Company filed a Certificate of Amendment with the Delaware Secretary of State on March 23, 2026. FuboTV’s Class A shares are expected to trade on a split-adjusted basis under the existing ticker “FUBO” at market open on March 24, 2026, and the new CUSIP is 35953D401.

Key Details

• Reverse split ratio: 1-for-12 for both Class A and Class B common stock (par value $0.0001 per share).
• Board and Audit Committee approved the amendment; Hulu, LLC provided written consent on Feb 3, 2026.
• Certificate of Amendment filed with Delaware on Mar 23, 2026; split-adjusted trading begins Mar 24, 2026.
• New CUSIP for Class A common stock: 35953D401.

Why It Matters A reverse stock split consolidates outstanding shares into fewer shares at a higher per‑share price while generally leaving the company’s overall equity value unchanged. For investors, this means your total ownership percentage should remain the same (subject to fractional-share treatment), but your number of shares and the per‑share price will be adjusted on March 24, 2026. The move can affect liquidity, share pricing appearance, and brokerage handling (including fractional shares), so shareholders should check brokerage statements for post-split holdings and the new CUSIP.