Once uber-popular Esports organization FaZe Clan is struggling and now needs a new CEO.
FaZe Clan and the LeBron James signature sneaker line are once again linking up for another exclusive silhouette.
Activision and Call of Duty are the latest targets of bigots disguised as gamers.
FaZe Clan, the esports collective and youth culture brand that’s received investment from an array of heavy hitters in the music business, went public on the Nasdaq exchange Wednesday (July 20). The listing follows the completion of FaZe Clan’s special purpose acquisition company (SPAC) merger with 150 Merger Corp., an affiliate of B. Riley Financial. The combined company has been renamed FaZe Holding and will trade under the ticker symbol FAZE. On its first day, the stock finished down more than 24% to $9.88 after debuting with a share price of $13.07. It’s rebounded slightly to $10.19 in after-hours trading. With a fan network of roughly 500 million across social platforms, according to the company, FaZe Clan has drawn a number of high-profile investors from the music industry, including...
HipHopWired Featured Video Source: Kevork Djansezian / Getty FaZe Clan has a new member, and it’s none other than Hip-Hop legend Snoop Dogg. Monday (Mar.7), FaZe Clan, “the digitally native lifestyle and media platform rooted in gaming and youth culture,” announced Death Row Records’ new owner and avid gamer Snoop Dogg as the latest member of its talent pool and board of directors. The news comes on the heels of FaZe Clan Inc closing the business combination with B. Riley Principal 150 Merger Corp. The rapper and FaZe Clan also revealed the news via his Twitter account with an announcement video. Officially known as FaZe Snoop, he joins other high-profile members Lil Yachty (FaZe Boat), Offset (FaZe Offset), Arizona Cardinals quarterback Kyler Murray (FaZe K1), and Bronny James (FaZe...
“We are thrilled to announce this important milestone of FaZe Clan’s plans to enter the public market,” Trink said in a statement announcing the move. “In our short history, we have evolved from a disruptive content generator to one of the world’s most decorated and successful esports franchises, and now into one of the younger generations’ most recognized and followed brands globally. We believe FaZe Clan is becoming the voice of youth culture, a brand that sits at the nexus of content, gaming, entertainment and lifestyle in the digital-native world. This transaction will provide us capital and access to the public markets, which will help us accelerate the expansion of our multi-platform and monetization strategy.” The deal, subject to approval by the boards of both FaZ...
Source: FaZe Clan / Ben Simmons Ben Simmons has leveled up with the world’s most prominent and influential gaming organization FaZe Clan. For those who don’t know when Ben Simmons is not on the dishing out dimes on the court, you can find him in his gaming chair engaging in online battle. So that’s why it makes total sense that Simmons is now an investor and member of FaZe Clan. The organization announced the move today, revealing that Simmons will be now known as FaZe Simmo and “ambassador to the organization for content as well as an advocate for gaming and esports and the expansion of FaZe Clan globally.” The terms of Simmons’ investment were not shared. Source: FaZe Clan / Ben Simmons Simmons and FaZe Clan are very familiar with each other due to the Philadelphia 76er All-Star being fr...