Summary by Moomoo AI
At FuboTV's 2024 Annual Meeting on June 18, shareholders approved significant amendments to the 2020 Equity Incentive Plan, including a 20 million share increase in available Class A common stock, bringing the total to 71.1 million shares. The plan's term was extended through April 16, 2034, and the number of shares available for incentive stock options was also increased by 20 million.All seven director nominees were re-elected, including CEO David Gandler and Edgar Bronfman Jr., with each receiving over 79 million votes in favor. Shareholders also approved the appointment of KPMG LLP as the independent auditor and endorsed executive compensation in an advisory vote.Other key approvals included the settlement of Convertible Senior Secured Notes due 2029 in common stock, an increase in authorized common shares, and various administrative matters. The meeting saw participation from approximately 58.46% of outstanding shares, totaling 175.3 million shares present or represented by proxy.
