The meteoric rise of esports and the organizations that run them have become noted in the business world. This growth reaches its somewhat obvious conclusions as FaZe Clan announces that it will enter the stock market.
Once the merger is complete, FaZe Clan will have a $1 Billion valuation. The majority of the $1B comes from a specialized company known as a SPAC, along with $291 Million FaZe Clan says it expects to raise by Q1 2022 when it will go public. Its stock sign will be under the
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