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Convertible Preferred Stock (Tables) (fuboTV Inc. Pre-Merger) - Fubo TV Pre-Merger [Member]
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Summary of Authorized, Issued and Outstanding Convertible Preferred Stock

The following tables summarize our authorized, issued and outstanding convertible preferred stock as of December 31, 2019 and March 31, 2020:

 

    As of March 31, 2020 and December 31, 2019  
    Shares Authorized     Shares Issued and Outstanding    

Net

Proceeds

    Liquidation Preference per Share     Liquidation Value     Conversion Price per Share  
                                     
Series AA convertible preferred stock     1,641,024       1,641,024     $ 1,600     $ 0.9750     $ 1,600     $ 0.9750  
Series A convertible preferred stock     1,059,204       1,059,204       3,065       2.9576       3,133       2.9576  
Series A-1 convertible preferred stock     101,430       101,430             2.5140       255       2.5140  
Series A-2 convertible preferred stock     33,721       33,721             2.3661       80       2.3661  
Series A-3 convertible preferred stock     292,562       292,562             1.8201       533       1.8201  
Series B convertible preferred stock     1,926,507       1,926,507       14,960       7.8008       15,028       7.8008  
Series B-1 convertible preferred stock     14,369       14,369             3.4796       50       3.4796  
Series C convertible preferred stock     2,495,291       2,495,291       37,446       16.0302       40,000       16.0302  
Series C-1 convertible preferred stock     1,600,000       1,543,051             10.0635       15,528       10.0635  
Series D convertible preferred stock     2,173,990       1,839,954       46,294       25.3000       46,551       25.3000  
Series D-1 convertible preferred stock     1,140,481       1,140,481             20.2400       23,083       20.2400  
Series E convertible preferred stock     4,667,595       3,056,951       101, 699       29.7354       90,898       29.7354  
Series E-1 convertible preferred stock     471,100       471,100             23.7883       11,207       23.7883  
Total     17,617,274       15,615,645     $ 205,064             $ 247,946          

Total amount recorded for Series E and E-1 convertible preferred stock was $101,757, net of issuance costs The following tables summarize our authorized, issued and outstanding convertible preferred stock:

 

    December 31, 2019  
   

 

Shares Authorized

   

Shares

Issued and Outstanding

   

Net

Proceeds

    Liquidation Preference per Share     Liquidation Value     Conversion Price per Share  
Series AA convertible preferred stock     1,641,024       1,641,024     $ 1,600     $ 0.9750     $ 1,600     $ 0.9750  
Series A convertible preferred stock     1,059,204       1,059,204       3,065       2.9576       3,133       2.9576  
Series A-1 convertible preferred stock     101,430       101,430             2.5140       255       2.5140  
Series A-2 convertible preferred stock     33,721       33,721             2.3661       80       2.3661  
Series A-3 convertible preferred stock     292,562       292,562             1.8201       533       1.8201  
Series B convertible preferred stock     1,926,507       1,926,507       14,960       7.8008       15,028       7.8008  
Series B-1 convertible preferred stock     14,369       14,369             3.4796       50       3.4796  
Series C convertible preferred stock     2,495,291       2,495,291       37,446       16.0302       40,000       16.0302  
Series C-1 convertible preferred stock     1,600,000       1,543,051             10.0635       15,528       10.0635  
Series D convertible preferred stock     2,173,990       1,839,954       46,294       25.3000       46,551       25.3000  
Series D-1 convertible preferred stock     1,140,481       1,140,481             20.2400       23,083       20.2400  
Series E convertible preferred stock     4,667,595       3,056,951       101,699       29.7354       90,898       29.7354  
Series E-1 convertible preferred stock     471,100       471,100             23.7883       11,207       23.7883  
                                                 
Total     17,617,274       15,615,645     $ 205,064             $ 247,946          

 

    December 31, 2018  
   

 

Shares Authorized

   

Shares

Issued and Outstanding

   

Net

Proceeds

    Liquidation Preference per Share     Liquidation Value     Conversion Price per Share  
Series AA convertible preferred stock     1,641,024       1,641,024     $ 1,600     $ 0.9750     $ 1,600     $ 0.9750  
Series A convertible preferred stock     1,059,204       1,059,204       3,065       2.9576       3,133       2.9576  
Series A-1 convertible preferred stock     101,430       101,430             2.5140       255       2.5140  
Series A-2 convertible preferred stock     33,721       33,721             2.3661       80       2.3661  
Series A-3 convertible preferred stock     292,562       292,562             1.8201       533       1.8201  
Series B convertible preferred stock     1,926,507       1,926,507       14,960       7.8008       15,028       7.8008  
Series B-1 convertible preferred stock     14,369       14,369             3.4796       50       3.4796  
Series C convertible preferred stock     2,495,291       2,495,291       37,446       16.0302       40,000       16.0302  
Series C-1 convertible preferred stock     1,600,000       1,543,051             10.0635       15,528       10.0635  
Series D convertible preferred stock     2,173,990       1,839,954       46,294       25.3000       46,551       25.3000  
Series D-1 convertible preferred stock     1,140,481       1,140,481             20.2400       23,083       20.2400  
                                                 
Total     12,478,579       12,087,594     $ 103,365             $ 145,841          

Summary of Convertible Preferred Stock Dividend Rate

All holders of the Company’s convertible preferred stock are entitled to receive non-cumulative dividends, payable when, as and if declared by the board of directors, in prior and in preference to any declaration or payment of any dividend on the common stock of the Company at their applicable Dividend Rate (minimum required dividend if and when the board of directors declares a dividend), as adjusted for any stock splits, stock dividends, combinations, subdivisions and recapitalizations, etc.:

 

    Dividend Rate
     
Series AA convertible preferred stock   $0.0585 per share
Series A convertible preferred stock   $0.1775 per share
Series A-1 convertible preferred stock   $0.1508 per share
Series A-2 convertible preferred stock   $0.1420 per share
Series A-3 convertible preferred stock   $0.1092 per share
Series B convertible preferred stock   $0.6241 per share
Series B-1 convertible preferred stock   $0.2784 per share
Series C convertible preferred stock   $1.28241 per share
Series C-1 convertible preferred stock   $0.80508 per share
Series D convertible preferred stock   $2.02393 per share
Series D-1 convertible preferred stock   $1.61910 per share
Series E convertible preferred stock   $2.37884 per share
Series E-1 convertible preferred stock   $1.90307 per share

All convertible preferred stockholders are entitled to receive non-cumulative dividends, payable when, as and if declared by the board of directors, in prior and in preference to any declaration or payment of any dividend on the common stock of the Company at their applicable Dividend Rate (minimum required dividend if and when the board of directors declares a dividend), as adjusted for any stock splits, stock dividends, combinations, subdivisions and recapitalizations, etc.:

 

    Dividend Rate
Series AA convertible preferred stock   $0.0585 per share
Series A convertible preferred stock   $0.1775 per share
Series A-1 convertible preferred stock   $0.1508 per share
Series A-2 convertible preferred stock   $0.1420 per share
Series A-3 convertible preferred stock   $0.1092 per share
Series B convertible preferred stock   $0.6241 per share
Series B-1 convertible preferred stock   $0.2784 per share
Series C convertible preferred stock   $1.28241 per share
Series C-1 convertible preferred stock   $0.80508 per share
Series D convertible preferred stock   $2.02393 per share
Series D-1 convertible preferred stock   $1.61910 per share
Series E convertible preferred stock   $2.37884 per share
Series E-1 convertible preferred stock   $1.90307 per share