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