Form SCHEDULE 13G/A FuboTV Inc. Filed by: Mudrick Capital Management, L.P.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 1)*
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FuboTV Inc. (Name of Issuer) |
Class A common stock, par value $0.0001 per share (Title of Class of Securities) |
(CUSIP Number) |
03/31/2026 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
| Rule 13d-1(b) |
| Rule 13d-1(c) |
| Rule 13d-1(d) |
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Capital Management L.P. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,412,359.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
4.76 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such shares and percentage are based on 29,686,926 shares of Class A common stock, par value $0.0001 per share (the "Class A Common Stock") outstanding, which includes 29,435,597 shares of Class A Common Stock outstanding as of April 30, 2026, as reported in the Quarterly Report on Form 10-Q filed by the issuer on May 6, 2026 (the "Outstanding Shares") and 251,329 shares of Class A Common Stock issuable upon conversion of convertible senior secured notes (the "Notes") beneficially owned by the reporting person, including taking into account additional shares upon conversion as determined in accordance with the Section 14.03 of the applicable indenture of the issuer.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Capital Management, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,412,359.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
4.76 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such percentage is calculated based on 29,686,926 shares of Class A Common Stock outstanding, which includes the Outstanding Shares and 251,329 shares of Class A Common Stock issuable upon conversion of the Notes beneficially owned by the reporting person, including taking into account additional shares upon conversion as determined in accordance with the Section 14.03 of the applicable indenture of the issuer.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Jason Mudrick | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,412,359.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
4.76 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such percentage is calculated based on 29,686,926 shares of Class A Common Stock outstanding, which includes the Outstanding Shares and 251,329 shares of Class A Common Stock issuable upon conversion of the Notes beneficially owned by the reporting person, including taking into account additional shares upon conversion as determined in accordance with the Section 14.03 of the applicable indenture of the issuer.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Distressed Opportunity Fund Global, L.P. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
327,941.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
1.1 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such percentage is calculated based on 29,686,926 shares of Class A Common Stock outstanding, which includes the Outstanding Shares and 251,329 shares of Class A Common Stock issuable upon conversion of the Notes directly held by the reporting person, including taking into account additional shares upon conversion as determined in accordance with the Section 14.03 of the applicable indenture of the issuer.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick GP, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
327,941.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
1.1 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such percentage is calculated based on 29,686,926 shares of Class A Common Stock outstanding, which includes the Outstanding Shares and 251,329 shares of Class A Common Stock issuable upon conversion of the Notes beneficially owned by the reporting person, including taking into account additional shares upon conversion as determined in accordance with the Section 14.03 of the applicable indenture of the issuer.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Distressed Opportunity Drawdown Fund II, L.P. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
325,652.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
1.1 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such percentage is calculated based on the Outstanding Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Distressed Opportunity Drawdown Fund II SC, L.P. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
31,920.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
0.1 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such percentage is calculated based on the Outstanding Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Distressed Opportunity Drawdown Fund II GP, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
357,572.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
1.2 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such percentage is calculated based on the Outstanding Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
78,154.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
0.3 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such percentage is calculated based on the Outstanding Shares.
SCHEDULE 13G
|
| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
78,154.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
0.3 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
Comment for Type of Reporting Person: For Rows 6, 8, 9 and 11, see Item 4.
For Row 11, such percentage is calculated based on the Outstanding Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Distressed Opportunity SIF Master Fund, L.P. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
0 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person: For Row 11, such percentage is calculated based on the Outstanding Shares.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mudrick Distressed Opportunity SIF GP, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
0 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person: For Row 11, such percentage is calculated based on the Outstanding Shares.
SCHEDULE 13G
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| Item 1. | |
| (a) | Name of issuer:
FuboTV Inc. |
| (b) | Address of issuer's principal executive offices:
1290 Avenue of the Americas, New York, NY 10104 |
| Item 2. | |
| (a) | Name of person filing:
This Amendment No. 1 to Schedule 13G (this "Amendment No. 1") is being jointly filed by Mudrick Capital Management, L.P. ("MCM"), Mudrick Capital Management, LLC ("MCM GP"), Jason Mudrick, Mudrick Distressed Opportunity Fund Global, L.P. ("Global LP"), Mudrick GP, LLC ("Mudrick GP"), Mudrick Distressed Opportunity Drawdown Fund II, L.P. ("Drawdown II"), Mudrick Distressed Opportunity Drawdown Fund II SC, L.P. ("Drawdown II SC"), Mudrick Distressed Opportunity Drawdown Fund II GP, LLC ("Drawdown II GP"), Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P. ("DISL") and Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC ("DISL GP"), Mudrick Distressed Opportunity SIF Master Fund, L.P. ("SIF"), Mudrick Distressed Opportunity SIF GP, LLC ("SIF GP"). Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."
Mudrick GP is the general partner of Global LP and may be deemed to beneficially own the number of securities of the Issuer directly held by Global LP. Drawdown II GP is the general partner of Drawdown II and Drawdown II SC and may be deemed to beneficially own the securities of the Issuer directly held by Drawdown II and Drawdown II SC. DISL GP is the general partner of DISL and may be deemed to beneficially own the number of securities of the Issuer held by DISL. SIF GP is the general partner of SIF and may be deemed to beneficially own the securities of the Issuer directly held by SIF. MCM is the investment manager to Drawdown II, Global LP, Drawdown II SC, DISL, SIF, and certain accounts managed by MCM. Mr. Mudrick is the sole member of Mudrick GP, Drawdown II GP, MCM GP, DISL GP and SIF GP. By virtue of these relationships, each of MCM, MCM GP and Mr. Mudrick may be deemed to beneficially own the securities held directly by Global LP, Drawdown II, Drawdown II SC, DISL, SIF, and certain accounts managed by MCM. The filing of this Amendment No. 1 shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the beneficial owners of any of the securities reported herein. Each of the Reporting Persons disclaims beneficial ownership of the securities covered by this Amendment No. 1 for any purposes other than for purposes of Section 13(d) of the Exchange Act. Pursuant to Rule 13d-1(k)(1) under the Exchange Act, a joint filing agreement among the Reporting Persons is attached as Exhibit 1 to the Schedule 13G filed by the Reporting Persons on November 5, 2025, and incorporated herein by reference. |
| (b) | Address or principal business office or, if none, residence:
The principal business office of the Reporting Persons is 527 Madison Avenue, 6th Floor, New York, NY 10022. |
| (c) | Citizenship:
See the response in Cover Page Item 4 for each Reporting Person, which is incorporated herein by reference. |
| (d) | Title of class of securities:
Class A common stock, par value $0.0001 per share |
| (e) | CUSIP No.:
|
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
See Cover Page Item 9 for each Reporting Person and Item 2(a), incorporated herein by reference, for beneficial ownership as of April 9, 2026. As of March 31, 2026, the Reporting Persons beneficially owned the amount of Class A Common Stock as follows:
Reporting Person Shares of Class A Percentage of the
Common Stock Outstanding Shares
Mudrick Capital Management L.P. 1,684,826 5.4%
Mudrick Capital Management, LLC 1,684,826 5.4%
Jason Mudrick 1,684,826 5.4%
Mudrick Distressed Opportunity
Fund Global, L.P. 302,392 1.0%
Mudrick GP, LLC 302,392 1.0%
Mudrick Distressed Opportunity
Drawdown Fund II, L.P. 399,489 1.3%
Mudrick Distressed Opportunity
Drawdown Fund II SC, L.P. 39,145 0.1%
Mudrick Distressed Opportunity
Drawdown Fund II GP, LLC 438,634 1.5%
Mudrick Distressed Opportunity
2020 Dislocation Fund, L.P. 95,859 0.3%
Mudrick Distressed Opportunity
2020 Dislocation Fund, LLC 95,859 0.3%
Mudrick Distressed Opportunity
SIF Master Fund, L.P. 0 0.0%
Mudrick Distressed Opportunity
SIF GP, LLC 0 0.0% |
| (b) | Percent of class:
See Cover Page Item 11 for each Reporting Person and Item 2(a), incorporated herein by reference, for percentages as of April 9, 2026. For percentages as of March 31, 2026, see Item 4(a) above. %
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| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
See Cover Page Item 5 for each Reporting Person and Item 2(a), incorporated herein by reference. | |
| (ii) Shared power to vote or to direct the vote:
See Cover Page Item 6 for each Reporting Person and Item 2(a), incorporated herein by reference, for shared power to vote or to direct the vote as of April 9, 2026. For such amounts as of March 31, 2026, see Item 4(a) above. | |
| (iii) Sole power to dispose or to direct the disposition of:
See Cover Page Item 7 for each Reporting Person and Item 2(a), incorporated herein by reference. | |
| (iv) Shared power to dispose or to direct the disposition of:
See Cover Page Item 8 for each Reporting Person and Item 2(a), incorporated herein by reference, incorporated herein by reference, for shared power to dispose or to direct the disposition of as of April 9, 2026. For such amounts as of March 31, 2026, see Item 4(a) above.
The filing of this Amendment No. 1 shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any of the Shares reported herein. Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported here for any purposes other than for purposes of Section 13(d) of the Exchange Act. | |
| Item 5. | Ownership of 5 Percent or Less of a Class. |
Ownership of 5 percent or less of a class
| |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Under certain circumstances, partners, members or managed accounts of a Reporting Person or another person named above in Item 4, as the case may be, could have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, shares of Class A Common Stock beneficially owned by such Reporting Person. | |
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Not Applicable
| |
| Item 8. | Identification and Classification of Members of the Group. |
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Item 4 above. | |
| Item 9. | Notice of Dissolution of Group. |
Not Applicable
|
| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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