FuboTV costs upsized IPO, elevating $183M (OTCMKTS:FUBO)

FuboTV (OTCQB:FUBO) prices its upsized offering of 18.3M shares at $10, the midpoint of the prior $Sept. 11 vary.

The providing will now increase $183M, up from the $163M when ti was solely providing 15M shares.

FuboTV will begin buying and selling on the NYSE tomorrow.

Financials: 2019 income totaled $150.8M (+102% Y/Y) with a $246.9M internet loss. Within the three months ending on March 31, gross sales totaled $58.3M (+104%) with a $62.7M loss.

Opponents: Sling (NASDAQ:DISH) and YouTube TV.

Beforehand: Live streaming FuboTV updates terms for IPO, raising up to $165M (Oct. 01 2020)

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