FaZe Clan Stock at Risk of Being Kicked Off Nasdaq
Esports organizationFaZe Clanis currently in danger of being removed from the Nasdaq stock exchange as they have received a deficiency notice. For those who are unaware, In 2021,FaZe Clan announced entering into a mergerwith a special purpose acquisition company (SPAC) called B. Riley Principal 150 Merger Corp. The agreement made FaZe Clan a publicly traded company with an equity value of approximately $1 billion. The company also received around $291 million from the deal to fund its expansion plans....