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Streamer FuboTV to Raise up to $165 Million in IPO
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hollywoodreporter.comStreaming service fuboTV provided details of its previously announced initial public offering on Thursday, saying it would sell 15 million shares for between $9 and $11 each.
That means the IPO could raise as much as $165 million. The company plans to list its common stock on the New York Stock Exchange under ticker symbol FUBO.
In September, fuboTV projected third-quarter revenue of $50 million-$54 million, which would mean a 27 percent-38 percent increase year-over-year, with its subscriber count to reach 370,000-380,000.
Read more on hollywoodreporter.com
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