other material
confidence high
sentiment negative
materiality 0.75
fuboTV sells 36.7M shares for $68.1M in block trades under ATM program
FuboTV Inc.
- Sold 36.7M shares of common stock at negotiated discount to Feb 24 closing price.
- Aggregate gross proceeds of approximately $68.1 million.
- Sales executed under ATM program Sales Agreement dated Aug 4, 2022 and shelf registration.
- Proceeds not specified; likely for general corporate purposes.