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Youth-Focused Digital Platform FaZe Clan Inks $1 Billion SPAC Deal to go Public

faze clan spac
  • November 1, 2021
  • Insights, Investment / Acquisition

FaZe Clan, a youth-focused online gaming platform and brand is going public via the special purpose acquisition company, B. Riley Principal 150 Merger Corp. The reverse merger values FaZe at an estimated $1B. The SPAC’s share price rose 15% on news of the merger. FaZe’s website reaches roughly 350 million people across its social-media platforms connecting individuals to e-sports, merchandise and digital content.

Youth-Focused Digital Platform FaZe Clan Inks $1 Billion SPAC Deal to go Public

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