FuboTV Inc. has filed an 8-K report detailing a significant corporate action involving a reverse stock split of its Class A and Class B common stock. The reverse stock split will occur at a ratio of 1-for-12, meaning that every twelve shares currently held will be consolidated into one share. This decision was made by the company's board of directors and was approved by Hulu, LLC, which holds the necessary voting power to authorize such actions. The reverse stock split is intended to increase the per-share price of the company's stock, which may help improve its market perception and compliance with exchange listing requirements. The split-adjusted shares are expected to begin trading on March 24, 2026, under the existing trading symbol 'FUBO' but with a new CUSIP number. This move is seen as a strategic effort to enhance liquidity and potentially attract a broader range of investors. The filing also includes a Certificate of Amendment to the company's Certificate of Incorporation, which outlines the specifics of the reverse stock split. While reverse stock splits can sometimes be viewed negatively, in this case, it is anticipated to have a small positive effect on the stock price as it may help stabilize the share value and improve investor confidence.

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