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Sports Illustrated
Sports Illustrated
Dan Lyons

Influential Esports Brand FaZe Clan Goes Public on Nasdaq

Faze Clan FAZE Nasdaq Bronny James SPAC

FaZe Clan, one of the biggest brands in esports, went public Wednesday. The company is now trading on Nasdaq under the new ticker symbols “FAZE” and “FAZEW.”

The move comes following a special purpose acquisition company (SPAC) merger with B. Riley Principal 150 Merger Corp. After planning for a $1 billion deal in October, it is now valued at $725 million. The move marks a historic step forward for companies in the “creator economy.”

The company, founded in 2010 with a focus on gaming and esports, has grown an impressive roster of over 100 personalities, including a number of major players in the world of sports and entertainment.  

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