FuboTV Inc.
For the period ended Apr 6, 2026. Filed Apr 6, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Apr 6, 2026 · Filed Apr 6, 2026
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EX-99.1 · Reverse Stock Split
Reverse Stock Split
This brings us to the reverse stock split. As you know,**the reverse stock split does not change the fundamentals of a business.**It does not impact Fubo’s cash, operations, or our long-term earnings potential. What it does impact is how the stock is structured and perceived in the market.
The decision to initiate the reverse split was driven by a clear objective:to position Fubo for long-term success in the public markets.
Specifically, the reverse split was designed to:
| ● | Broaden the potential investor base to include institutions that are restricted from investing in low priced securities. |
| ● | Attract long-term, fundamental investors who focus on business performance rather than short-term trading dynamics. |
| ● | Better align our share count with our market capitalization and earnings per share. |
Importantly, the decision to effectuate a reverse split was a proactive, strategic decision to best position the Company over the long-term.
I also want to address a concern we have heard that the reverse stock split signals an intention to issue dilutive, additional equity for capital raising purposes.
Given our confidence in the strength of our financial position, we do notcurrently have any plans to do that. We are operating from a position of financial strength with the resources to fund our current operations and execute our strategy without a need to raise equity capital based on our outlook.
Our focus is on creating value, not diluting it.
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