Sports streaming platform Fubo TV has placed 15,000,000 shares on the New York Stock Exchange at the start of its IPO.
Underwriters now have a 30-day option to buy an additional 2,250,000 shares of common stock from Fubo TV at the public offering price, expected to be between $9.00 and $11.00 per share.
Fubo initially filed the IPO with the Securities & Exchange Commission in August.
It follows last April’s merger between the streaming platform and the Facebank Group in which Disney holds a 5% stake.