On March 20, 2026, FuboTV Inc. announced that its board of directors approved a reverse stock split at a ratio of 1-for-12. This strategic decision is aimed at reducing the number of outstanding shares of the company's common stock, aligning it more closely with the company's size and scope, and enhancing the marketability of its shares, particularly among institutional investors. The reverse stock split is set to take effect at 5:00 p.m. ET on March 23, 2026, with trading on a split-adjusted basis commencing on March 24, 2026, under the existing trading symbol 'FUBO'. Following the split, the number of issued and outstanding shares of Class A common stock will decrease from approximately 353.2 million to about 29.4 million, while Class B common stock will reduce from approximately 947.9 million to around 79.0 million. This move is expected to improve the stock's appeal and potentially stabilize its market performance. The decision was supported by Hulu, LLC, which holds the necessary voting power to authorize such actions. The company aims to make proportionate adjustments to the exercise or conversion prices and the number of shares underlying its outstanding equity awards and convertible notes as a result of this split.

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