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Sports & Entertainment Live Streamer FuboTV Files For IPO “Uplisting” In Cutthroat Market

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FuboTV has filed for an IPO with the Securities & Exchange Commission — as CEO David Gandler promised back when the live streaming platform merged with Facebank Group in April to “uplist”…

Fubo declined to comment beyond the initial public offering registration submitted to the SEC for approval. The company already trades over-the-counter where smaller-cap stocks usually live. It plans to keep the same symbol, ‘FUBO.’

Walt Disney, in a separate SEC filing Tuesday that created a momentary kerfuffle on Twitter, reported ownership a chunk in FuboTV that currently equating to less than 5% of the voting control through an inherited investment by Twenty-First Century Fox. Comcast and Discovery are also investors. Edgar Bronfman, Jr. is on the board.

 

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