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 and Roth Capital Partners and Wedbush Securities as co-managers.
FuboTV gives subscribers access to thousands of live sporting events annually, as well as leading news and entertainment content. Its base package, fubo Standard, features a broad mix of 100+ channels, including 43 of the top 50 Nielsen-ranked networks across sports, news and entertainment.
FuboTV merged with FaceBank Group in April 2020 to create a digital entertainment company, combining fuboTV’s direct-to-consumer live TV streaming platform for cord-cutters with FaceBank’s technology-driven IP in sports, movies and live performances.