Current Report Filing (8-k)
04 March 2021 - 8:06AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): February 25, 2021
FUBOTV
INC.
(Exact
name of registrant as specified in its charter)
Florida
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001-39590
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26-4330545
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(State
or other jurisdiction of
incorporation
or organization)
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(Commission
File
Number)
|
|
(I.R.S.
Employer
Identification
Number)
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1330
Avenue of the Americas, New York, NY
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10019
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
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(212)
672-0055
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Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
[
]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[
]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[
]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[
]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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Common
Stock, par value $0.0001 per share
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FUBO
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New
York Stock Exchange
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company [ ]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. [ ]
Item
1.01
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Entry
Into a Material Definitive Agreement
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On February 25,
2021, fuboTV Inc. (the “Company”), entered into a lease agreement (the “Lease”), by and
among the Company and HWA 1290 III LLC, HWA 1290 IV LLC and HWA 1290 V LLC, (collectively, the “Landlord”),
for approximately 55,042 rentable square feet located at 1290 Avenue of the Americas, New York, New York 10104. The Lease will
replace the lease for the Company’s existing New York headquarters. The Lease is for a term of fourteen (14) years,
which is expected to commence on October 1, 2021. The annual fixed rent under the Lease will be: $4,128,150.00 for the first four
(4) years of the lease; $4,403.360.00 for years five (5) through eight (8); and $4,678,570.00 for years nine
(9) through twelve (12). In addition to the annual fixed rent, the Landlord will have the right from time to time to give
the Company a statement for the Landlord’s good faith estimate of operating expenses and real estate taxes payable by
the Company under the lease. The Company has an option to extend the term of the Lease for an additional five (5) years, at
a fixed annual rate that is the fair market rent as of the beginning of the extension term as agreed to by the parties or determined
by a neutral arbitration process.
The
foregoing description of the Lease is not complete and is qualified in its entirety by reference to the text of the Lease, a copy
of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item
9.01
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Financial
Statements and Exhibits
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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FUBOTV
INC.
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Date:
March 3, 2021
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By
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/s/
David Gandler
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Name:
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David
Gandler
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Title:
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Chief
Executive Officer
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