FaZe Clan, one of the largest e-sports clubs in the world, will enter the New York Stock Exchange with the SPAC method. The transactions, which are expected to be completed in the first quarter of 2022, will open a new income door for FaZe Clan.
Known as one of the largest esports clubs in the world FaZe Clan, signed one of the most important works in the sector. B.Riley Principal 150 Merger Corp. The e-sports club, which was announced to have reached an agreement with a company named , will be offered to the public thanks to this agreement. The club is listed on the New York Stock Exchange (Nasdaq) will be listed.
B.Riley Principal 150 Merger Corp. According to the statements made by the company, the deal will be worth approximately $1 billion. With the process completed in a few months and FaZe Clan, in the first quarter of 2022 It is expected to officially enter the stock market.
FaZe Clan has over 350 million followers
FaZe Clan is more of a big club than an esports team. Fortnite and PUBG FaZe Clan, which includes professional teams for games such as CS: GO, Tom Clancy’s Rainbow Six: Siege, Valorant, FIFA 21 and Rocket League, as well as popular survival games such as around 350 million followed by gamers. This formation will now be followed by investors as well as the video game world.
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Meanwhile, the listing of FaZe Clan customary from methods different It is worth noting that. B.Riley Principal 150 Merger Corp. will be used as a front company for listing. completely legal andSPACThanks to this process, which is called “, it will be easier to enter the stock market.
Source :
https://markets.businessinsider.com/news/stocks/faze-clan-stock-esports-spac-deal-1-billion-dollars-brpm-2021-10