Finance
FaZe Clan Goes Public On NASDAQ Following $725m SPAC
Last year, the executives behind FaZe Clan announced their intention to go public with the brand, touting a $1 billion valuation of the company. It was a bold statement, and it would have cemented FaZe Clan as a certified trailblazer in the market, but it seemed for a while that the deal wouldn’t ever go through. In Q1 of 2022, the opening deadline was missed on the key merger deal, but on the 20th of July, after a relatively short delay, FaZe Clan went public, being listed on the NASDAQ.
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