FaZe Clan Valued at $1 Billion After Deal to Go Public in SPAC Merger

FaZe Clan says it’s a unicorn. The esports and gaming media company announced plans Monday to combine with a special purpose acquisition company (SPAC) in a deal to become a publicly traded entity — giving it an implied value of $1 billion. FaZe Clan, founded in 2010, said it combine with B. Riley Principal 150 […]