It has been revealed that following the completion of the merger between FaZe Clan and B. Riley Principal 150 Merger Corp, that the massive esports organisation will become a publicly listed company.
Set to be known as FaZe Holdings Inc. starting tomorrow (July 19) when the merger is completed, Esports Insider has reported that the decision to go public was voted on by shareholders.
As for what this means for the esports organisation, FaZe Clan should be able to easily raise investments, but the cost will mean closer and more transparent observations of its financial performance, which could stretch into other avenues of the esports industry if FaZe Clan fails to show success.
