FaZe Clan Gains $22.7 Million Investment Loan From Canadian Bank
FaZe Clan, a popular esports organization with teams in games such asCall of DutyandCS:GO, has justobtaineda $22.7 million investment loan. Canaccord Genuity, a Canadian investment bank, announced that the organization entered into a convertible loan facility worth $22.7M. Canaccord Genuity acted as the financial advisor to FaZe Clan for the loan, and has also been given a seat on FaZe Clan’s board of directors. The plan for the loan has not yet been revealed....