Wednesday, September 27, 2023


Completion of business combination expected to occur by July 2022 , Subject to the declaration of validity of the registration and notification form submitted to the Securities and Exchange Commission (“SEC”). Approval of business combination by BRPM shareholders and FaZe Clan shareholders. And other normal termination conditions. BRPM units, Class A common stock, and Class A common stock purchase warrants are currently listed on the Nasdaq Capital Markets under the symbols “BRPMU,” “BRPM,” and “BRPMW,” respectively.

Upon completion of the business combination, BRPM will change its name to FaZe Holdings Inc. and its common and stock subscription rights will be listed on the NASDAQ Capital Market under the ticker symbols “FAZE” and “FAZEW,” respectively. For more information on the registration statement and the accompanying power of attorney / prospectus, see “Additional Information and Where to Get It” below.

About Phase Clan

FaZe Clan is a digital native lifestyle and media platform rooted in gaming and youth culture, rethinking the next generation of traditional entertainment. Founded in 2010 by a group of children on the internet, FaZeClan was created for Gen Z and Millennials and today it has innovative content, Tier 1 brand partnerships, prominent talent gatherings, fashion and more. We are active across multiple industries, including consumers. product. FaZe Clan reaches over 500 million followers on social platforms around the world and offers a variety of entertainment including video blogs, lifestyles, branded content, game highlights, and live streams of competitive gaming tournaments. I am. FaZe Clan’s roster of more than 85 influential figures includes compelling content creators, esports professionals, world-class gamers, and NFL stars Kyler “FaZe K1” Murray, Lebron “FaZe Bronny”. It consists of a combination of talents that transcends the world of games. James Jr., Lil Yachty, also known as “FaZeBoat” and Snoop Dogg, also known as “FaZeSnoop”. Its gaming division includes 10 competitive esports teams that have won over 30 world championships. FaZe Clan recently announced plans to make it public through a merger with a special purpose acquisition company, B. Riley Principal 150 Merger Corp. (NASDAQ: BRPM). For more information, please visit For more information, please visit: , Follow FaZeClan on and Twitter. YouTube, TikTok, Twitch.

About BRPM

BRPM is a structured purpose company established for the purpose of mergers, stock exchanges, asset acquisitions, stock purchases, restructurings, or similar business combinations with one or more businesses. BRPM launched trading on NASDAQ February 19, 2021 Following that first open call for participants. Class A common stock, units and warrant stocks are traded under the ticker symbols BRPM, BRPMU and BRPMW, respectively. BRPM is B. It is sponsored by an affiliate of Riley Financial, Inc. (Nasdaq: RILY).

Important information about the proposed business combination and where to find it

In connection with the proposed business combination, BRPM has submitted a registration statement (“Registration Notice”) to the Securities and Exchange Commission (“SEC”) that includes a preliminary mandate solicitation / prospectus related to the proposal. .. Business combination (“Delegation Solicitation / Prospectus”). After the registration statement has been declared valid by the SEC, BRPM will finalize the mandate to the holders of BRPM’s common stock as of the record date in connection with the mandate solicitation for voting by BRPM shareholders. We will mail you a letter / prospectus. Proposals for business combinations and other matters described in the power of attorney / prospectus. BRPM shareholders and other stakeholders may have a preliminary proxy / prospectus, and amendments to it, if available, a final proxy / prospectus, documents incorporated by reference, and related documents. We encourage you to read other documents submitted to the SEC. We will use the proposed business combination because these materials contain important information about BRPM, FaZe Clan, and the proposed business combination. Shareholders will receive a free copy of the proxy / prospectus and other documents containing the BRPM, FaZe Clan, and the proposed business combination submitted to the SEC on the SEC-managed website. I can do it. Or by sending a request to: B. Riley Principal 150 Merger Corp, 299 Park Avenue, 21st Floor, New York, NY 10171, Note: Daniel Shribman Phone: (212) 457-3300

No offers or solicitations

This press release does not constitute a solicitation, consent or approval of an agent for a securities or proposed business combination. This press release also does not constitute a solicitation to sell or buy securities, or a solicitation to vote or approve, and the sale of securities is made in the jurisdiction in which such offer, solicitation or sale is made. You won’t be asked. It may be illegal prior to registration or qualification under the securities law of such jurisdiction.

Participants in the solicitation

BRPM and FaZeClan, as well as their respective directors and executive officers, may be considered participants under the rules of the SEC to solicit agents for BRPM shareholders in connection with the proposed business combination. BRPM shareholders can obtain more detailed information on the names, affiliations, and interests of BRPM and FaZe Clan’s directors and executive officers on BRPM Form S-1 filed with the SEC in connection with the initial public offering. .. February 18, 2021 (“Form S-1”) and proxy solicitation / outlook. Information about the interests of BRPM participants in solicitations may differ in general from the interests of BRPM shareholders in some cases and is included in the proxy solicitation / outlook.

Description of future prospects

The information in this press release contains “forward-looking statements” under the “Safe Harbor” clause of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release, except for current or past facts, are the proposed business combination, the parties’ ability to complete the proposed business combination, the benefits and timing of the proposed business combination, As well as forecasts of market opportunities and market shares, projected costs, outlooks, plans, and management objectives regarding the integrated company’s strategy, future business and financial performance, estimated financial position, estimated earnings and losses, the future It is a description about the outlook of. These forward-looking statements are generally “budget,” “potential,” “forecast,” “future,” “potential,” “forecast,” “plan,” “potential,” and “potential.” , Identified by the word “prediction”. “Project”, “Visible”, “Seek”, “Effort”, “Do”, “Should”, “Maybe”, “Believe”, “Intention”, “Expect”, “Do”, “Projected”, “continue”, “increase”, and / or similar expressions related to the BRPM or FaZe clan’s strategy, plan, or intent. However, the absence of these words does not mean that the statement is not positive. Such statements were made in accordance with the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on the management of the BRPM and FaZe clan’s beliefs or the interpretation of currently available information.

These forward-looking statements, whether specified here or not, are based on various assumptions, based on the current expectations of BRPM and FaZe Clan management, and predict actual performance. It’s not a thing. Forward-looking statements, whether specified in this press release or not, are inherent errors that are difficult to predict because they are forecasts, forecasts, and other statements about future events based on current expectations and assumptions. Affected by certainty, risk, and changing circumstances. .. Due to many factors, actual results and conditions (financial or other) may differ materially from those shown in the forward-looking statements. This includes, but is not limited to: End of negotiations on proposed business combination and subsequent final agreement. (2) The result of legal proceedings or other disputes that may be filed against BRPM, FaZe Clan, the merged company or others. (3) Certain governments and regulations that failed to complete the proposed business combination because they failed to meet the minimum cash after redemption requirements by BRPM’s public shareholders due to the failure to obtain the approval of BRPM shareholders. It did not get the approval of the authorities or could not meet other conditions. Closure; (4) Proposed structural changes to the proposed business combination that may be necessary or appropriate as a result of applicable law or regulation. This includes the risk of exposure to unforeseen circumstances that may be unapproved, delayed or disadvantaged by regulatory agencies. Affects the expected profits of the merged company or the proposed business combination. (5) Ability to meet the stock exchange listing criteria after the proposed business combination is completed. (6) The risk that the proposed business combination will disrupt the current plans and operations of the BRPM or FaZe clan as a result of the announcement and completion of the proposed business combination. (7) Ability to recognize the expected benefits of the proposed business combination. It was proposed, among other things, that competitive, combined companies grow, profitably manage growth, maintain relationships with customers and suppliers, management, key employees and talents; (8) Expenses associated with business combinations. (9) Changes in applicable law or regulation, including changes in domestic and international business, markets, finance, politics, and legal terms. (10) BRPM, FaZe Clan, or the merged company may be adversely affected by other economic, business, and / or competitive factors. (11) The impact of COVID 19 on the business of the BRPM or FaZe clan, and / or the party’s ability to complete the proposed business combination. (12) Inability to complete PIPE investment in connection with the proposed business combination. (13) Other risks and uncertainties set forth in BRPM Form S-1 and subsequent submissions to the SEC, including proxy solicitations / prospects related to the proposed business combination. These forward-looking statements are provided for explanatory purposes only and are not intended by investors to act as guarantees, guarantees, forecasts, or definitive statements of facts or probabilities. Must not be. Predicting actual events or situations is difficult or impossible and is not an assumption. Many real-life events and situations are beyond the control of the BRPM and FaZe clans. Forward-looking statements are provided only as of the date they were created. FaZe Clan and BRPM may choose to update these forward-looking statements at some point in the future, but FaZe Clan and BRPM explicitly disclaim their obligation to do so. These forward-looking statements should not be relied upon to represent FaZe Clan and BRPM’s evaluation dated after the date of this press release. Therefore, you should not place excessive reliance on forward-looking statements.

contact address


Investor: Danshribman ,
media: Jo Anne McCusker ,

For the FaZe clan

Investor: Abbreviation,
media: Chelsea Northern , | Chloe Snyder , | Alana grasshopper ,

View original content: with-its-proposed-business-combination-with-faze-clan-301555907.html

Source B. Riley Principal 150 Marger Corporation


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