{"id":23663,"date":"2021-10-25T12:58:09","date_gmt":"2021-10-25T12:58:09","guid":{"rendered":"https:\/\/www.ginx.tv\/faze-clan-to-go-public-with-nasdaq-listing"},"modified":"2024-07-19T11:10:56","modified_gmt":"2024-07-19T11:10:56","slug":"faze-clan-to-go-public-with-nasdaq-listing","status":"publish","type":"post","link":"https:\/\/www.ginx.tv\/en\/esports\/faze-clan-to-go-public-with-nasdaq-listing","title":{"rendered":"FaZe Clan to go public with Nasdaq listing"},"content":{"rendered":"<p>FaZe Clan is set to join the growing list of esports organisations that are publically listed companies, announcing today that a merger with B. Riley Principal 150 Merger Corp. (BRPM) will see that company change its name to &#8220;FaZe Holdings Inc.&#8221; and their combined stocks listed on the Nasdaq as &#8220;FAZE.&#8221;<\/p>\n<p>It&#8217;s hoped the move will allow FaZe to further fund their growth with the company billing itself as the &#8220;only digitally native, youth-focused lifestyle and media platforms publicly traded on a U.S. national exchange.&#8221;<\/p>\n<p>FaZe joins a <a href=\"https:\/\/www.dexerto.com\/esports\/public-esports-companies-organizations-1571002\/\" target=\"_blank\" rel=\"noopener\">growing list of esport organisations that have gone public<\/a> including Astralis A\/S (Astralis)&nbsp; Enthusiast Gaming (Luminosity Gaming, Seatle Surge, and Vancouver Titans) and Guild Esports.<\/p>\n<p>&ldquo;We are thrilled to announce this important milestone of FaZe Clan&rsquo;s plans to enter the public market. In our short history, we have evolved from a disruptive content generator to one of the world&rsquo;s most decorated and successful esports franchises, and now into one of the younger generations&rsquo; most recognized and followed brands globally,&#8221; said Lee Trink, Chief Executive Officer of FaZe Clan on <a href=\"https:\/\/fazeclan.com\/public\/\" target=\"_blank\" rel=\"noopener\">announcing the merger<\/a>.<\/p>\n<p>&#8220;We believe FaZe Clan is becoming the voice of youth culture, a brand that sits at the nexus of content, gaming, entertainment and lifestyle in the digital-native world. This transaction will provide us capital and access to the public markets, which will help us accelerate the expansion of our multi-platform and monetization strategy. We are so grateful to the millions of loyal fans who have helped us take FaZe Clan to the next level, without whom this would not have been possible.&#8221;&nbsp;<\/p>\n<p>Dan Shribman, Chief Investment Officer of B. Riley Financial, and CEO and CFO of BRPM<span data-v-f2363348=\"\">, said &#8220;With unmatched social media reach and Gen Z engagement, and the opportunity to meaningfully expand its global multi-platform presence across content, gaming, entertainment, consumer products and the metaverse, we believe FaZe Clan is a compelling investment with the potential to create significant value.&#8221;<\/span><\/p>\n<p><span data-v-f2363348=\"\">FaZe Clan was founded in 2010 around a group of Call of Duty content creators and grew quickly to become one of the most recognisable organisations in esports, now fielding teams and players in Call of Duty (Atalanta FaZe), CSGO, Fortnite, Valorant and Rocket League among others.<\/span><\/p>\n<figure class=\"img-figure\" contenteditable=\"false\"><img decoding=\"async\" style=\"width: 100%;\" contenteditable=\"false\" src=\"https:\/\/cdn-cf.ginx.tv\/imgcdn\/CZKEB0XSC103Xu429HM6qElZWM2HzqtRAYZNbMCYlz0\/rs:fill:0:0:1\/g:ce\/aHR0cHM6Ly93d3cuZ2lueC50di91cGxvYWRzMi9Fc3BvcnRzL05hdGVoaWxsX0ZhemUuanBn\" alt=\"FaZe Clan public\" width=\"1024\" height=\"576\" loading=\"lazy\"><figcaption contenteditable=\"false\">Fortnite pro Natehill, like FaZe Clan, straddles both the world of esports and online entertainment. (Picture: FaZe Clan)<\/figcaption><\/figure>\n<p><span data-v-f2363348=\"\">It has also led the way in leveraging content creators to maximise exposure and secure partnerships with sports stars and musicians both investing and &#8220;joining&#8221; FaZe Clan. That success has led to deals with a multitude of companies including Manchester City, Nissan, and Verizon.<\/span><\/p>\n<p><span data-v-f2363348=\"\">In June of this year, it became the first esport team to be featured on the<a href=\"https:\/\/www.ginx.tv\/en\/esports\/faze-clan-featured-on-the-cover-of-sports-illustrated\"> cover of Sports Illustrated<\/a>.<\/span><\/p>\n<figure class=\"img-figure\" contenteditable=\"false\"><img decoding=\"async\" style=\"width: 100%;\" contenteditable=\"false\" src=\"https:\/\/cdn-cf.ginx.tv\/imgcdn\/aAKvDsLUm8274f7vMkhoQy_UEETRFbua2HN9ta5gDOY\/rs:fill:0:0:1\/g:ce\/aHR0cHM6Ly93d3cuZ2lueC50di91cGxvYWRzMi9Fc3BvcnRzL29jZWxvdGVfZmF6ZV9jbGFuL1Nwb3J0c19JbGx1c3RyYXRlZC5wbmc\" alt=\"FaZe Clan go public\" width=\"800\" height=\"800\" loading=\"lazy\"><figcaption contenteditable=\"false\">FaZe Clan on the cover of Sports Illustrated. (Picture: Sports Illustrated)<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>FaZe Clan is set to join the growing list of esports organisations that are publically listed companies, announcing today that a merger with B. Riley&#8230;<\/p>\n","protected":false},"author":1325,"featured_media":23664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"tags":[],"class_list":["post-23663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-esports","genre-entertainment","content_type-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FaZe Clan to go public with Nasdaq listing - GINX TV<\/title>\n<meta name=\"description\" content=\"A merger with B. Riley Principal 150 Merger Corp. (BRPM) will see the LA-based FaZe Clan become a publically listed company.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ginx.tv\/en\/wp-json\/wp\/v2\/posts\/23663\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FaZe Clan to go public with Nasdaq listing - GINX TV\" \/>\n<meta property=\"og:description\" content=\"A merger with B. Riley Principal 150 Merger Corp. 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