The merger of FaZe and GameSquare may conclude on February 16

The decision regarding the merger of FaZe with the GameSquare holding has received approval from the board of directors of the esports organization. It is planned that this proposal will be presented for a vote among the club’s shareholders on February 16, after which the final decision regarding the merger will be made. This information was provided by the Dust2.us portal.

As part of the upcoming merger, GameSquare is set to acquire 45% of FaZe’s shares, with the estimated value of this deal being $16 million for the holding.

However, there remains some uncertainty regarding the stake of Complexity, which is part of the GameSquare structure. This aspect may potentially lead to a conflict of interests, requiring further clarification.