fuboTV Secures More Than USD 20M of Financing From Credit Suisse Capital.
INTERNET BUSINESS NEWS-(C)1995-2020 M2 COMMUNICATIONS
FaceBank Group, Inc. (d/b/a fuboTV) (OTCQB: FUBO) has entered into a Purchase Agreement with Credit Suisse Capital LLC to which fuboTV sold 2,162,163 shares of the Company's common stock at a purchase price of USD 9.25 per share, for an aggregate purchase price of USD 20,000,007.75, the company said.
There were no underwriting discounts or commissions.
To date in 2020, fuboTV has strengthened its balance sheet with over USD 46 million in funding from institutional and private investors. As previously disclosed, the Company intends to continue to raise capital...
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