FaZe Clan Become a Public Company

FaZe Clan Become a Public Company

FaZe Clan is planning to release its stock.

eSports become more popular daily, and many organizations, which own different teams, are slowly releasing their stocks. Very soon, the list of those companies will be extended.

FaZe made a statement where they released that they decided to become a public company. The team will sell all stocks on the NASDAQ market, which means every fan might buy them. The meeting with team members where the stocks will be released will take place on July 15.

Astralis is another example of a team that decided to become a public company. Still, Astralis sold their stocks only on the local market, and FaZe stocks will be available worldwide.

Source: Dexerto