Tech Company Inital Public Offerings
fuboTV IPO
On 10/7/2020, fuboTV went public.
Transaction Overview
Company Name
Announced On
10/7/2020
Transaction Type
IPO
Amount
$183,000,000
Proceeds Purpose
We currently intend to use the net proceeds of any offering of securities for working capital and general corporate purposes and for growing our live TV streaming platform. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions or businesses that complement our business, although we have no present commitments or agreements to enter into any acquisitions or investments.We cannot specify with certainty the particular uses of the net proceeds that we will receive from this offering. Accordingly, we will have significant discretion in the use of any net proceeds.On October 2, 2020, we intend to repay in full, from our pre-offering cash reserves, all outstanding amounts (inclusive of any interest, fees and penalties) owed under our $10,000,000.00 term loan from Access Road Capital, LLC, or the Forest Lender.
Company Information
Company Status
Publicly-held
Industry
Entertainment
Mailing Address
Undisclosed
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Undisclosed
Website
Email Address
Overview
fuboTV (NYSE: FUBO) is the world's only cloud based TV service dedicated to soccer- streaming live cable sports channels, live European soccer games, documentaries, club channels and more to football enthusiasts.
Management Team
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We report on tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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