FaZe Holdings Inc (FAZE) News

O102 o17 no trades

I cannot find the value of my

FAZE Warrants, FAZEW. Would you know? I'm on hold with SCHWAB and will be for another 20 minutes.

FAZE 10Q due 3/13

March will be a good month here.

The merger will be finalized and shares will be swapped. FINS will be out. New contracts will be announced.

So GAME is paying FAZE shareholders

about .14/share. I missed that. The end result will be a stronger company, but we initially lose. I wonder how the merger will affect the price of the FAZEW.

Actually I only grabbed a position, not really knowing how long I would stay in. I like the merger news. I didn't pay close attention to the share conversion initially, but I did not like the idea of receiving .13091 Game Square shares for every FAZE share owned, especially with Game Square trading around $1.50 / $ 1.60 PPS range. Just decided to bail, right or wrong. GLTA

What has changed? you were Long

a few days ago. I do not understand the .13091 from Game Square for every FAZE share. The merger has been approved. You do not think that GAME can get back to $7? The analysts predict a .02 loss per share. That is not a big loss.

GameSquare Holdings Stockholders Approve FaZe Holdings Merger
12:24 PM ET, 02/27/2024 - MT Newswires
12:24 PM EST, 02/27/2024 (MT Newswires) -- GameSquare Holdings (GAME) said Tuesday its stockholders have approved the proposed merger with FaZe Holdings (FAZE).
The companies expect the transaction to be completed shortly, subject to certain customary closing conditions, GameSquare said.
Shares of GameSquare were nearly 4% down and FaZe Holdings rose more than 9% in recent trading.
Price: 1.56, Change: -0.02, Percent Change: -1.27

I'm hoping. Every day, the Common is RED.

We may get some occasional green from the Ws, but the low volume sucks.

Faze will be Dollars soon enough! It’s a load and hold, no brainer.

FAZE.........................................https://stockcharts.com/h-sc/ui?s=FAZE&p=W&b=5&g=0&id=p86431144783

I don't like the share conversion here at current price of GAME. I sold, but GLTA holding, hope it pops bigly for you

Trying to understand the effect of this merger. If share holders vote to approve the merger of Faze into Game Square, current FAZE shareholders receive $.13091from Game Square, for every FAZE shares owned, post merger? That doesn't seem favorable to current FAZE shareholders, what am I missing here?

It is happening now. PM is crazy.

Volume and price are great. I'm going to stay awake until 8 AM to make sure my PM gets filled.

Trying to buy PM. Cannot get filled.

The volume is great, considering that it is hasn't opened in the USA.

Nice PM move. This may be a good

time to buy more, before the open.

We just have to be patient.

If we are, we can take advantage of this low price, which is justified, as the company has been losing money for many years.

Grabbed a position here. GLTA

I do believe dollars will happen.

I have no idea when. With the many RS events and years of losses, we could be in a great position. There is serious $$ and institutions behind this.

AH and PM fun? I wish.

It has been closing and opening RED every day now for a month. Keeps going down. That is because the institutions hold most of this. The only slight change was in the Ws. We are here, for the long term, and until the big boys decide to compete against each other buying shares.

lol new bagholders think you will get 0.13 a share

After hours and Pre-market could be fun! Dollars any day now.

Blast-Off any day now! FAZE is the next HOLO (from $1.5 to $99 within a week; from $1.50 to $51 within a day)!!

Dollars incoming! FaZe Clan Receives Stockholder Approval for Merger with GameSquare

LOS ANGELES, CA / ACCESSWIRE / February 22, 2024 / FaZe Holdings Inc. ("FaZe Clan" or the "Company") (Nasdaq:FAZE) today announced that its stockholders have voted to approve the proposed merger with GameSquare Holdings, Inc. ("GameSquare") (Nasdaq:GAME). GameSquare's stockholder vote will be held on February 27, 2024, at 10:00 a.m. ET. FaZe Clan and GameSquare anticipate the transaction closing shortly thereafter, subject to the satisfaction of customary closing conditions.

For media relations information, please contact:

Chelsey Northern / The Untold
E: cn@wearetheuntold.com
T: (254) 855-4028

ABOUT FAZE CLAN

FaZe Holdings Inc. (Nasdaq: FAZE) ("FaZe Clan") is one of the most prominent and influential gaming organizations in the world. Created by gamers, for gamers, FaZe began in 2010 by a group of internet kids who turned their passion into a successful career path and formed a die-hard community along the way. Today, FaZe Clan represents a vast roster of creators who aim to inspire the next generation in making their dreams a reality.

FaZe Clan operates across multiple verticals designed to reimagine gaming, sports, culture and entertainment. FaZe Clan has partnered with blue-chip brands such as Porsche, GHOST® and McDonald's, and record-breaking fashion and lifestyle collaborations featuring Nike, Takashi Murakami, Lyrical Lemonade and more - all centered around its top-tier talent collective with gaming rooted at the core. Reaching over 500 million followers across social platforms globally, FaZe Clan's roster consists of world-class gamers, streamers, content creators and esports professionals known for delivering disruptive, original content, and its gaming division houses 10+ competitive esports teams.

The content of any website referenced or hyperlinked in this communication is neither incorporated into, nor part of, this communication. For more information about FaZe Clan, visit www.fazeclan.com, investor.fazeclan.com and follow FaZe Clan on Twitter, Instagram, YouTube, TikTok, and Twitch.
https://ca.finance.yahoo.com/news/faze-clan-receives-stockholder-approval-200000150.html

Now now

FAZE NEWS https://www.accesswire.com/835932/faze-clan-receives-stockholder-approval-for-merger-with-gamesquare

I do not understand your rationale

for .0894/share giveaway when it is trading at .18/share. What "others" were offering $1.04 and .40 per share? You may be 100% correct but I do not understand your statement. I realize that we are in a strong bearish trend. I'm hoping that this is a turnaround story.

FINS are due in March.

I took a big hit with the Ws today. I probably have too many of them, but they do not expire until 2028. I'm going to ride it through the ups and downs.

Terrible ratio.You shares are only worth 0.0894 cents.They are giving the company away.Others were offering 1.04 a share,and 40 cents a share.Why are they taking less than 9 cents a share.Game is lining the pockets of the insiders,the regular shareholder gets screwed.Good luck and good trading.

Gotta hold until March.

That is when the next FINS are due.

Common and Ws are behaving badly.

Getting ugly around here now with the slow drip, drip, drip of price decreases. Gotta hold. The story is good.

You're an idiot.. companies liabilities are almost always is more than cash LMAO.. you need to understand before you speak I'm guessing

FAZE,, -21%,, dropped like a rock like I said, quit pumpin this trash. Have you no shame

Nasty scam. Be warned there's more liabilities than cash. Nasty pump happened and the dunp has already started

Basher alert. Boston ignore

That gap up was to trap more bag holders,, why did it gap up? It will drop like a rock on monday

Warning: nasty pump and dump here. Stock has more liabilities than they have cash. Nasty scam pump and dump

Seems to be filling a gap.

If .25 is the base from this point forward, that is OK. Gap filling happens quite often as the price settles after intense buying. We will soon see, over the next 4-8 weeks, if this is a winner going for higher levels, or if this is another long-term play.

FAZE.........................................https://stockcharts.com/h-sc/ui?s=FAZE&p=W&b=5&g=0&id=p86431144783

Nice at opening - not so nice now.

Good time to average down.

Hoping to see close in 3s or 4s.

That, and 30M in volume, would be a good start to the weekend.

Already 1.1M in volume.

And, we are green. That is a good sign. Someone decided to throw $290,000 on FAZE and it is not even 10 AM.

I should've stood my ground like Denny Green.... HAHAHAHAHA!!! Only Partial filled the $.28 yesterday and should have taken the $.35.... This is a Company based on some Guys with Talent. The Balance Sheet/Revs leave when they do!!!! Not really a Company!!!!!

Dollars any day! Five Dollars for diamond hands.

I know. I was just kidding.

FAZEWs are going crazy, 500,000 a day. They do not expire until 2028. I'm slowly acquiring those. Next time you are in Boston, give me a shout out.

Five Dollars! $FAZE

popped back in this am with a partial fill in the $.28's This little one is intriguing fer sure!!!!!

Probably should have said 10 billion views is more like it..... multiple times a customer\client went on to their website.

Nice work Boston... bty. Boston is one of my favorite summer time cities.. lots of history and great food.

That was when the company was valued

at $725M. Their value has decreased 98%, as it was purchased for $17M. Thus, their share price has decreased 98%. They are losing money. When that stops, we will be hitting the $5 range.

More DD.

There has to be good with the bad. FAZE was once valued at $725M, but the company has failed. They have since been bought by Gamesquare, a company owned in part by the owner of the Dallas Cowboys football team, for $17M. The company lost its way. With the new purchase, it is free and clear of debt and the original Founders are back running the show.

Gaming analytics and esports brand company Gamesquare, which counts Dallas Cowboys owner Jerry Jones as one of its investors, is acquiring the struggling gaming influencer group Faze Clan. The all-stock deal is worth about $17 million, Bloomberg reports, a steep drop-off from Faze’s $725-million valuation at the time of its special purpose acquisition company, SPAC, merger in July of 2022.

Since the SPAC made it publicly traded on the Nasdaq exchange, Faze Clan, like much of the esports industry, has struggled, with the company posting a $28.4-million loss “through the first half of 2023,” according to Bloomberg. Last month, Faze Clan’s troubles reached an inflection point that led to the firing of CEO Lee Trink, who once compared the company to the rise of hip-hop during an interview on The Vergecast.

Now, under the umbrella of Gamesquare, Faze Clan leadership is reverting back to its original founders, including Richard “Faze Banks” Bengtson, who will serve as CEO, Thomas “Faze Temperrr” Oliveira, taking place as president, and Yousef “Faze Apex” Abdelfattah, who takes over as COO. Faze Clan will operate as an independent division of Gamesquare and will be “re-engaging with its core fanbase,” according to the press release.