Fubo Announces Inducement Grants Under NYSE Listing Rule 303A.08
June 13 2023 - 4:05PM
Business Wire
FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV
streaming platform, today announced that on June 12, 2023, the
Compensation Committee of Fubo’s Board of Directors granted
restricted stock unit awards covering an aggregate of 51,838 shares
of its common stock to four new employees to induce them to join
Fubo. The awards were granted under Fubo’s 2022 Employment
Inducement Equity Incentive Plan, and vest annually over a
four-year period following their grant, subject to continued
employment. The awards were granted as employment inducement awards
pursuant to the New York Stock Exchange rules.
About Fubo
With a mission to build the world’s leading global live TV
streaming platform with the greatest breadth of premium content and
interactivity, FuboTV Inc. (NYSE: FUBO) aims to transcend the
industry’s current TV model. The company operates Fubo in the U.S.,
Canada and Spain and Molotov in France.
In the U.S., Fubo is a sports-first cable TV replacement product
that aggregates more than 175 live sports, news and entertainment
networks and is the only live TV streaming platform with every
Nielsen-rated sports channel (source: Nielsen Total Viewers, 2022).
Leveraging Fubo’s proprietary data and technology platform
optimized for live TV and sports viewership, subscribers can engage
with the content they are watching through interactive product
features like FanView, an in-video experience showcasing live game,
team and player stats and scores in real time. Fubo was also the
first virtual MVPD to enable simultaneous viewing of up to four
live channels (Multiview on Apple TV) as well the first to stream
in 4K HDR.
Ranked #1 in Customer Satisfaction among Live TV Streaming
Providers by J.D. Power (2022), Fubo has been called “a force in
sports streaming” by Forbes, “the best streaming service for sports
aficionados” by Tom’s Guide and was heralded by CNET for its “ease
of use.” Learn more at https://fubo.tv.
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version on businesswire.com: https://www.businesswire.com/news/home/20230613667002/en/
Investor Contacts Alison Sternberg, Fubo
asternberg@fubo.tv
JCIR for Fubo ir@fubo.tv
Media Contacts Jennifer L. Press, Fubo jpress@fubo.tv
Bianca Illion, Fubo billion@fubo.tv
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