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FaZe Clan Is Going Public Via SPAC: What Investors Should Know
Monday, October 25, 2021 - 12:14pm | 605One of the most popular esports teams in the world will become a publicly-traded company via a SPAC merger announced Monday morning. The SPAC Deal: FaZe Clan announced a merger with B. Riley Principal 150 Merger Corp (NASDAQ: BRPM) Monday valuing the company at an equity valuation of $1 billion....
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FaZe Clan Removes And Suspends Team Members Due To Alleged Crypto Pump And Dump
Friday, July 2, 2021 - 3:58pm | 499One of the most valuable esports teams in the world has cut ties with one member and suspended two over possible cryptocurrency pump and dumps. What Happened: FaZe Clan announced the decision to remove Kay from the team and suspend Jarvis, Nikan and Teeqo until further notice. “FaZe Clan had...
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Advertising, Acquisition And Potential Subscription Model Point To $6PT For Super League Gaming
Friday, May 28, 2021 - 7:51am | 388On Thursday, esports company Super League Gaming Inc (NASDAQ: SLGG) received a bullish analyst initiation and comments on the company’s multiple avenues of growth. The Super League Gaming Analyst: H.C. Wainwright analyst Scott Buck initiates Super League Gaming with a Buy rating and has...
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ESPN Exits Esports Segment: What This Means For Streamers, Stocks
Wednesday, November 11, 2020 - 5:05pm | 479The Esports Observer reports ESPN is shutting down its esports division. What Happened: “We have made the difficult decision to cease operations for our dedicated daily esports editorial and content,” ESPN told The Esports Observer. The announcement follows Walt Disney Co's...