Helbiz Inc HLBZ is surging higher Friday after the company announced its media unit has entered into an agreement with FOX Networks to broadcast the Italian Serie B championship across the USA and the Caribbean.
Helbiz will provide FOX with exclusive audiovisual rights to broadcast the top Serie B matches and game highlights live on the FOX Sports family of networks.
This is the first time the entire Serie B championship will be available to view in North America.
"The Serie B Championship could not find a better place to be broadcasted throughout North America. This partnership represents a huge step in terms of coverage, potential reach and editorial treatment for Serie B and expands the international presence of Helbiz Live," said Matteo Mammì, CEO of Helbiz.
HLBZ Price Action: Helbiz was halted for volatility during Friday's session.
The stock was up 149% at $22.42 at time of publication.
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