FuboTV Inc 8-K, filed Apr 15, 2020
FuboTV Inc. (FUBO)
About this 8-K
FuboTV Inc filed this 8-K on April 15, 2020, reporting on events of April 10, 2020.
Items reported
- Item 1.02: Ended a material agreement
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
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): April 10, 2020
FACEBANK GROUP, INC.
(Exact name of registrant as specified in its charter)
| Florida | 000-55353 | 26-4330545 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission
File Number) |
(I.R.S.
Employer Identification Number) |
| 1115 Broadway, 12th Floor, New York, NY | 10010 | |
| (Address of principal executive offices) | (Zip Code) | |
| Registrant’s telephone number, including area code: | (212)-537-5775 |
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:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name
of each exchange on which registered | ||
| N/A | N/A | N/A |
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 1.02 Termination of a Material Definitive Agreement.
On April 15, 2020, FaceBank Group, Inc. (the “Company”), terminated the Letter Agreement between the Company and Esposito Partners, PLLC, dated as of July 6, 2016, as amended, effective immediately.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 1, 2020, Frank Esposito resigned as Chief Legal Officer and Secretary of the Board of Directors of the Company, effective April 10, 2020. On April 15, 2020, Mr. Esposito also resigned as a member of the Company’s Board of Directors, effective immediately. The resignation of Mr. Esposito is not the result of any disagreement with the Company relating to the Company’s operations, policies or practices. A copy of the resignation letter is attached hereto as Exhibit 17.1. Mr. Esposito’s service and contributions to the Company are greatly appreciated.
Item 9.01 Financial Statements and Exhibits.
| Exhibit
No. |
Description | |
| 17.1 | Resignation Letter dated April 15, 2020. |
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.
| FACEBANK GROUP, INC. | ||
| Date: April 15, 2020 | By | /s/ David Gandler |
| Name: | David Gandler | |
| Title: | Chief Executive Officer | |
Exhibit 17.1
April 15, 2020
SENT VIA ELECTRONIC TRANSMISSION
| FaceBank Group, Inc. | |
| John Textor | |
| Executive Chairman | |
| john.textor@facebank.com |
| cc: | Mr. David Gandler, Director & Chief Executive Officer |
| Re: | Resignation from Board of Directors |
Ladies and Gentlemen:
I wish to inform you that, effective immediately, I hereby resign from my position as a member of the Board of Directors of FaceBank Group, Inc., a Florida corporation (the “Company”), as well as from any committees or other similar governing bodies of the Board of Directors, and any boards of directors, committees or other similar governing bodies of any of the Company’s subsidiaries.
I wish the Company the greatest success and will remain available to smoothly transition pending matters as the Company embarks on its exciting new path.
| Best regards, | |
| /s/ Frank Esposito | |
| Frank Esposito |