Gaming

B. Riley Principal 150 Merger Corp. (Nasdaq: BRPM) ("BRPM"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY), and FaZe Clan Inc. ("FaZe Clan"), today announced that the registration statement on Form S-4 (the "Registration Statement") with respect to the proposed business combination between BRPM and FaZe Clan (the "Business Combination") was declared effective by the Securities and Exchange Commission (the "SEC").

FaZe Clan logo

BRPM also announced that it will hold a Special Meeting of stockholders at 10:00 AM , New York City time, on July 15, 2022 . At the meeting, BRPM stockholders will be asked to consider and vote upon proposals to approve the Business Combination and related matters. BRPM stockholders of record as of May 26, 2022 are eligible to attend and vote at the Special Meeting. The Special Meeting will be held virtually and BRPM stockholders can attend using the virtual meeting instructions set forth on their proxy cards.

The Business Combination is expected to close shortly after the Special Meeting, subject to BRPM stockholder approval and the satisfaction or waiver of certain closing conditions. Upon closing, BRPM will change its name to FaZe Holdings Inc., and the combined company's common stock is expected to be listed on NASDAQ under the ticker symbol "FAZE".

"FaZe is on the verge of becoming a publicly traded company," said Lee Trink, Chief Executive Officer of FaZe Clan. "The capital from the Business Combination will help us to continue to grow our brand as a leader in esports and the creator economy, and embrace the advent of new digital goods and platforms. We look forward to closing the Business Combination and continuing to partner with the B. Riley team in our journey to the public market."

BRPM has filed a definitive proxy statement/prospectus relating to the proposed Business Combination with the SEC. The definitive proxy statement/prospectus contains important information about BRPM, FaZe Clan and the proposed Business Combination.

About BRPM

BRPM is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. BRPM began trading on the NASDAQ on February 19, 2021 following its initial public offering. Its shares of Class A common stock, units and warrants trade under the ticker symbols BRPM, BRPMU and BRPMW, respectively. BRPM is sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY).

About FaZe Clan

FaZe Clan is a digital-native lifestyle and media platform rooted in gaming and youth culture, reimagining traditional entertainment for the next generation. Founded in 2010 by a group of kids on the internet, FaZe Clan was created for and by Gen Z and Millennials, and today operates across multiple verticals with transformative content, tier-one brand partnerships, a collective of notable talent, and fashion and consumer products. Reaching over 500 million followers across social platforms globally, FaZe Clan delivers a wide variety of entertainment spanning video blogs, lifestyle and branded content, gaming highlights and live streams of highly competitive gaming tournaments. FaZe Clan's roster of more than 85 influential personalities consists of engaging content creators, esports professionals, world-class gamers and a mix of talent who go beyond the world of gaming, including NFL star Kyler "FaZe K1" Murray, Lebron "FaZe Bronny" James Jr., Lil Yachty aka "FaZe Boat" and Snoop Dogg aka "FaZe Snoop." Its gaming division includes 11 competitive esports teams who have won over 30 world championships. For more information, visit www.fazeclan.com , investor.fazeclan.com and follow FaZe Clan on Twitter , Instagram , YouTube , TikTok , and Twitch .

Important Information about the Proposed Business Combination and Where to Find It

In connection with the proposed business combination (the "Business Combination), BRPM has filed a registration statement on Form S-4 (the "Registration Statement") with the Securities and Exchange Commission (the "SEC") and a definitive proxy statement/prospectus relating to the proposed Business Combination (the "Proxy Statement/Prospectus"). BRPM will mail the Proxy Statement/Prospectus to holders of BRPM's shares of common stock as of the record date in connection with BRPM's solicitation of proxies for the vote by BRPM stockholders with respect to the proposed Business Combination and other matters as described in the Proxy Statement/Prospectus. BRPM stockholders and other interested persons are urged to read the Proxy Statement/Prospectus, and documents incorporated by reference therein, as well as other documents filed with the SEC in connection with the proposed Business Combination, as these materials will contain important information about BRPM, FaZe Clan and the proposed Business Combination. Stockholders are able to obtain copies of the Proxy Statement/Prospectus and other documents containing important information about BRPM, FaZe Clan and the proposed Business Combination filed with the SEC, without charge, on the website maintained by the SEC at http://www.sec.gov , or by directing a request to: B. Riley Principal 150 Merger Corp, 299 Park Avenue, 21st Floor, New York, New York 10171, Attention: Daniel Shribman , telephone: (212) 457-3300.

No Offer or Solicitation

This communication shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination. This communication shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Participants in the Solicitation

BRPM and FaZe Clan and their respective directors and executive officers, under SEC rules, may be deemed to be participants in the solicitation of proxies of BRPM's stockholders in connection with the proposed Business Combination. Stockholders of BRPM may obtain more detailed information regarding the names, affiliations and interests of BRPM's and FaZe Clan's directors and executive officers in the Proxy Statement/Prospectus. Information concerning the interests of BRPM's participants in the solicitation, which may, in some cases, be different than those of BRPM's stockholders generally, are set forth in the Proxy Statement/Prospectus.

Forward-Looking Statements

The information in this communication includes "forward-looking statements" pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact included in this communication, regarding the proposed Business Combination, the ability of the parties to consummate the proposed Business Combination, the benefits and timing of the proposed Business Combination, as well as the combined company's strategy, future operations and financial performance, estimated financial position, estimated revenues and losses, projections of market opportunity and market share, projected costs, prospects, plans and objectives of management are forward-looking statements. These forward-looking statements generally are identified by the words "budget," "could," "forecast," "future," "might," "outlook," "plan," "possible," "potential," "predict," "project," "seem," "seek," "strive," "would," "should," "may," "believe," "intend," "expects," "will," "projected," "continue," "increase," and/or similar expressions that concern BRPM's or FaZe Clan's strategy, plans or intentions, but the absence of these words does not mean that a statement is not forward-looking. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on the management of BRPM's and FaZe Clan's belief or interpretation of information currently available.

These forward-looking statements are based on various assumptions, whether or not identified herein, and on the current expectations of BRPM's and FaZe Clan's management and are not predictions of actual performance. Because forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions, whether or not identified in this communication, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Many factors could cause actual results and condition (financial or otherwise) to differ materially from those indicated in the forward-looking statements, including but not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of negotiations and any subsequent definitive agreements with respect to the proposed Business Combination; (2) the outcome of any legal proceedings or other disputes that may be instituted against BRPM, FaZe Clan, the combined company or others; (3) the inability to complete the proposed Business Combination due to the failure to obtain approval of the stockholders of BRPM, to obtain certain governmental and regulatory approvals or to satisfy other conditions to closing; (4) changes to the proposed structure of the proposed Business Combination that may be required or appropriate as a result of applicable laws or regulations, including the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed Business Combination; (5) the ability to meet stock exchange listing standards following the consummation of the proposed Business Combination; (6) the risk that the proposed Business Combination disrupts current plans and operations of BRPM or FaZe Clan as a result of the announcement and consummation of the proposed Business Combination; (7) the ability to recognize the anticipated benefits of the proposed Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management, key employees and talents; (8) costs related to the proposed Business Combination; (9) changes in applicable laws or regulations, including changes in domestic and foreign business, market, financial, political, and legal conditions; (10) the possibility that BRPM, FaZe Clan or the combined company may be adversely affected by other economic, business, and/or competitive factors; (11) the impact of COVID 19 on BRPM's or FaZe Clan's business and/or the ability of the parties to complete the proposed Business Combination; (12) the inability to complete the PIPE investments in connection with the proposed Business Combination; and (13) other risks and uncertainties set forth in the Proxy Statement/Prospectus relating to the proposed Business Combination. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BRPM and FaZe Clan. Forward-looking statements speak only as of the date they are made. While FaZe Clan and BRPM may elect to update these forward-looking statements at some point in the future, FaZe Clan and BRPM specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing FaZe Clan's and BRPM's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Contacts
For FaZe Clan
Investors: Ellipsis, ir@fazeclan.com
Media: Chelsey Northern , chelsey.northern@fazeclan.com

For BRPM
Investors: Dan Shribman , dshribman@brileyfin.com
Media: Jo Anne McCusker , jmccusker@brileyfin.com

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SOURCE B. Riley Principal 150 Merger Corp.; FaZe Clan Inc.

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GAMING00
East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

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Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Second Quarter 2022

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Second Quarter 2022

In the second quarter, we produced over 258,000 vehicles and delivered over 254,000 vehicles, despite ongoing supply chain challenges and factory shutdowns beyond our control. June 2022 was the highest vehicle production month in Tesla's history.

Production

Tesla will post its financial results for the second quarter of 2022 after market close on Wednesday, July 20, 2022. At that time, Tesla will issue a brief advisory containing a link to the Q2 2022 update, which will be available on Tesla's Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company's financial and business results and outlook.

What : Date of Tesla Q2 2022 Financial Results and Q&A Webcast
When : Wednesday, July 20, 2022
Time : 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
Q2 2022 Update : https://ir.tesla.com
Webcast : https://ir.tesla.com (live and replay)

Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Company's website.

For additional information, please visit https://ir.tesla.com .

Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q2 earnings. Tesla vehicle deliveries represent only one measure of the company's financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.

Investor Relations Contact:
ir@tesla.com

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The first regulated crypto fund BELOBABA invests 1MEuro in Team Queso

  • BELOBABA becomes lead investor after the tokenisation of the club last March in a round of security token financing
  • The agreement was presented this Friday at the Ubeat Live festival, which served to detail Team Queso's new strategic alliance in its commitment to GameFi
  • This joint venture opens up a range of opportunities for collaboration between the two organisations through the creation of new lines of business

Team Queso, a leading esports club in mobile gaming, takes a step forward in its business strategy by incorporating BELOBABA, the leading investment fund in the tokenised video game industry and member of the Blockchain Game Alliance (BGA), as a lead investor, with a contribution of €1M.

The co-founder and CEO of Team Queso, Álvaro González de Buitrago, and the co-founder and Chairman of BELOBABA, Lluís Mas. (PRNewsfoto/BELOBABA)

Beyond the financial investment, BELOBABA will bring its proven expertise in the field of decentralised finance as the first hedge fund with a regulated security token (KHAN). In March of this year, the esports club opened a financing round through the issuance of security tokens that gave investors the right to participate in the company. In part, the sale of these is aimed at acquiring 20% of the club's equity.

BELOBABA and the Blockchain division of Team Queso, TQ Olympo, revealed the details of their strategic alliance that will lead the way in the tokenisation of esports, facilitating access to Blockchain Gaming to investors and fans; and that will also be a definitive step in the tokenisation of the club, a benchmark in mobile gaming and in its commitment to GameFi.

All of this was part of the opening day of the Ubeat Live esports, freestyle and urban art festival, which took place this Friday, 1 July, at Fira de Barcelona and will run until Sunday, 3 July. This event brings together the main esports clubs of the scene and is presented as a reference event for Gen Zers.

The co-founder and CEO of Team Queso, Álvaro González de Buitrago, explained during the presentation that the agreement reached with BELOBABA is "a fundamental strategic step in the trajectory of the club. To be backed by the first regulated crypto fund as a lead investor consolidates the project we started a few months ago with the tokenisation of the club and, secondly, makes us see that we are heading in the right direction. We want to revolutionise the esports sector with this step forward and having BELOBABA as a partner is the best guarantee of success".

"Being able to invest in a leading project with TQ Olympo is great news for the growth of BELOBABA. This strategic alliance will reaffirm the company's position as a benchmark investment fund in the sector of tokenised video games and their integration into esports, which are key for the mass adoption of cryptocurrencies," said the company's founder and chairman, Lluís Mas.

A pioneering agreement in the esports sector

With this agreement, BELOBABA will directly participate in Team Queso's business which, according to BELOBABA, is a "groundbreaking project in gaming and esports with great projection".

Thanks to this joint venture, the regulated crypto fund will have access to the entire community of one of the best teams in the world in terms of competition in mobile gaming, which opens up a wide range of possibilities for collaboration to grow both organisations through the opening of new lines of business such as cross-marketing actions; educational programmes in gaming, esports, blockchain and cryptocurrencies; or the creation of a venture capital area for joint investment and exploitation in new tokenised gaming projects.

For its part, the esports club, through the partnership with BELOBABA, receives in return a significant investment that will allow it to improve the different divisions of the club, its content creation and to invest in technology.

Team Queso not only offers content for entertainment, but also intends to provide extra value to its entire community and to this end will provide free training courses for all Team Queso investors, as well as boot camps for all those related to the gaming and esports sector. In addition, it will have a blockchain games research team that will promote the professionalisation of these blockchain games given that they are the games content creators play on a daily basis.

About Team Queso

Team Queso is a Spanish esports organisation founded in February 2017 by YouTuber Álvaro "Alvaro845" González de Buitrago and Alicia "Alimorol" Morote Oliver. It features teams competing via mobile, PC and console. The club was Clash Royale world champion in 2020, as well as several times European and South American champion in other titles such as Rocket League or PUBG Mobile. As part of its strategy to expand into new business areas, Team Queso acquired the esports information platform Appgrade and the Patographics studio, which is integrated into the audiovisual content department; in addition to the video game company Metaworld, from which Chili Cheese Games, a mobile and blockchain video game studio, originated.

About BELOBABA

BELOBABA is the first multi-strategy cryptocurrency hedge fund with a regulated security token. Endorsed by the Gibraltar Financial Services Commission, the KHAN token provides its holders with rights to capital growth from multiple trading strategies on specialised exchanges and a transparent governance regime, which enables investment decisions to be made with the advice of a team of specialist and experienced advisors who provide insight based on technical, fundamental, on-chain and sentiment analysis. BELOBABA also has a native utility token for its BBCN community, powered by the BELOBABA Academy training centre and available through the BELOBABA Launchpad incubator.

Photo - https://mma.prnewswire.com/media/1852376/BELOBABA.jpg

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SOURCE BELOBABA

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Gaming Innovation Group signs with a new online operator in Spain

Gaming Innovation Group Inc. (GiG) has signed an agreement with a brand new partner in Spain to provide its award winning platform, powering their move online.

The new partner already has an established retail business in the region, and the partnership will allow the new licensed brand to expand its operations online by the end of this year. It is expected that their digital transformation will take advantage of the substantial experience and knowledge that GiG can offer.

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Gaming Innovation Group signs Moosh in Portugal

- Gaming Innovation Group Inc. (GiG) has signed an agreement with a brand new partner Caravel Entertainment Limited (Caravel), best known for operating the 'Moosh' brand in Portugal to provide its award winning sportsbook and platform.

The deal, which represents a continued strengthening of GiG's targeted strategy in fast growing regulated markets, will see Caravel shift from its existing technology to GiG's for the moosh.pt site, and as such will provide immediate revenue opportunities from what is an existing database migration, scheduled to take place during Q4 2022.

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BORANETWORK's Country Club Membership NFT sold out in 19 seconds on the heels of BIRDIE SHOT character NFT

  • Country Club Membership 793 NFTs for whitelist sale and 307 NFTs for public sale all sold out
  • BORANETWORK to provide tBORA by lot as a reward to commemorate the sell-out

- BORANETWORK (representative Gyehan Song) said on the 1st day that the Country Club Membership NFT of BIRDIE SHOT: Enjoy & Earn, a casual golf game that is being developed by METABORA, a subsidiary of Kakao Games was sold out in 19 seconds after inception of the public sale.

BORANETWORK's Country Club Membership NFT sold out in 19 seconds on the heels of BIRDIE SHOT character NFT.

BORANETWORK released 1,100 Country Club Membership NFTs in the whitelist sale on the 29th through BORA PORTAL and the remaining 307 NFTs for all users on the 30th, selling them out in 19 seconds.

The Country Club Membership NFT is an extreme-mode golf course that provides CON as award in BIRDIE SHOT and users holding the NFT will be given a variety of benefits within the game continually.

BORANETWORK plans to provide the Country Club Membership NFT purchasers with tBORA by lot as a reward to celebrate the sell-out of NFT.

BIRDIE SHOT is a blockchain game version of Friends Shot: Golf for All that is serviced in Korea and globally. It is a casual golf game where users create their own golf teams and match with various players in golf courses across the world. Users can earn game money CON by winning a match against others and exchange it with tokens on BORA PORTAL for profits and have fun of Enjoy & Earn by growing and converting their characters into NFTs and trading them.

  • APPENDIX

* BORA PORTAL (URL): https://boraportal.com/

*BIRDIE SHOT Website URL: https://birdieshot.io/

  • Press release contacts

Deputy Head Seungmin Lee at METABORA, kelly.meta@metabora.io

Manager Dongwan Ha at METABORA, allen.meta@metabora.io

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SOURCE BORANETWORK

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DeepWell DTx Unveils Winners for Inaugural Mental Health Game Jam

First Place Winner "Inner Room" Claims $25,000 Prize from Among 100+ Entries Spotlighting Game-Forward Treatments for Stress, Depression and Anxiety

DeepWell Digital Therapeutics (DTx) has revealed the winners of the company's inaugural Mental Health Game Jam, hosted in partnership with Global Game Jam. Bringing together a community of global developers to create valuable therapeutic experiences through games, DeepWell's Mental Health Game Jam was created to inspire games that can entertain while simultaneously addressing stress, anxiety, and depression and foster support and understanding for those dealing with mental health challenges.

Judged by a trusted panel of game industry luminaries and medical veterans – including Shahid Ahmad , Rami Ismail , Dr. Leeza Maron , American McGee, Alanah Pearce and Dr. Anne Marie Porter – across multiple criteria including gameplay, treatment mechanics, and furthering of understanding for mental health issues, DeepWell is proud to announce the first class of winners from more than 100 games submitted:

GRAND PRIZE | $25,000 USD

GAME: Inner Room

DEVELOPER: byebyesama

DESCRIPTION: "Inner Room is a game where you play three days of lockdown as a person dealing with depression, where his place of true elaboration is in his dreams. When awake, our main character must complete the most mundane tasks – waking up, eating, showering, and opening a window. In any typical game, these tasks would require just one click. Now you will need your whole keyboard to sort them out."

LINK: https://byebyesama.itch.io/inner-room

SECOND PLACE | $10,000 USD

GAME: Biotopîco
DEVELOPER: Everyday Lemonade

DESCRIPTION: "In Bíotópico, players can grow real trees using the Oxygen resource that is produced from their breath practice. We're partnering with OneTreePlanted.org to plant a physical tree on the player's behalf each time a digital tree is grown."

LINK: https://everydaylemonade.itch.io/biotopico

THIRD PLACE | $5,000 USD

GAME: Fumble

DEVELOPER: ComfyDev

DESCRIPTION: "Fumble is a puzzle game about how it feels to struggle to talk. It tells the story of someone suffering from social anxiety without realising it… The gameplay acts as a playable metaphor of social anxiety and offers what we believe is one possible representation of what it feels like to have the condition."

LINK: https://namidasai.itch.io/fumble

"We truly believe in the power of games to help treat mental illness," said Mike Wilson , co-founder, DeepWell DTx. "It goes to show that the games community recognizes that games are and can be good for you, and we are excited about taking the first steps to making games that can serve as both entertainment and with therapeutic value."

In addition to the winners, DeepWell and Global Game Jam have also cited several others competitors for distinction as best-in-category finalists across a number of categories:

"Most Educational" – Game: "Balance It Out" | Developer: lukeamer | Link
"Most Innovative" – Game: " Can You ?" | Developer: devbymark | Link
"Most Engaging" – Game: "Mockingzen" | Developer: havana24 | Link
"Most Accessible" – Game: "Bottles" | Developer: zrrz111 | Link
"Best Art" – Game: "Mood Farm" | Developer: Peregon | Link
"Best Audio" – Game: "Inner Room" | Developer: byebyesama | Link

The full list of games created during the month of May for the challenge can be found on the Global Game Jam's itch.io page for free public access here .

Founded by Devolver Digital co-founder Mike Wilson and medtech innovator Ryan Douglas , DeepWell DTx) is a first-of-its-kind video game publisher and developer dedicated to creating best-in-class gameplay that can simultaneously entertain and deliver, enhance and accelerate treatment for an array of globally pervasive health conditions. DeepWell is backed by a team of more than 40 industry-leading creators, game designers, scientists and medical researchers, coming together to prove the power of games in addressing mental health.

For the latest updates, please visit DeepWellDTx.com .

About DeepWell DTx
DeepWell is a video game developer and publisher dedicated to making games that are simultaneously world-class entertainment, as well as therapeutic for a myriad of health concerns. Founded by game industry veteran Mike Wilson and medtech innovator Ryan Douglas , the company is guided by an advisory board of more than 40 industry-leading creators, game designers, scientists, and medical researchers.

Media Contacts
fortyseven communications - deepwell@fortyseven.com
DeepWell PR – press@deepwelldtx.com

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SOURCE DeepWell DTx

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