Love Esports? This Esports Company Is Going Public in a $1 Billion Deal - NewsBreak
By Gesard in Business
Updated 2 years ago
On Oct. 25, special purpose acquisition company (SPAC) B. Riley Principal 150 Merger Corp (NASDAQ:BRPM) announced it was merging with esports company FaZe Clan to bring it to the public markets. This makes the first time an esports team will be a public company and the $1 billion valuation is certainly head-turning.