Filed
by B. Riley Principal 150 Merger Corp. pursuant to
Rule
425 under the Securities Act of 1933
and
deemed filed pursuant to Rule 14a-12
under
the Securities Exchange Act of 1934
Subject
Company: B. Riley Principal 150 Merger Corp.
Commission
File No.: 001-40083
FAZE
CLAN AND DOORDASH ANNOUNCE PARTNERSHIP
DOORDASH
NAMED FAZE CLAN’S OFFICIAL ON-DEMAND DELIVERY PLATFORM
Download
assets HERE.
LOS
ANGELES, May 10, 2022 /PRNewswire/ -- FaZe Clan Inc. (“FaZe Clan”), the lifestyle and media platform rooted
in gaming and youth culture, today announced a partnership with local commerce platform DoorDash. The partnership includes both content
and marketing initiatives, with DoorDash appearing across FaZe Clan’s platforms as their official on-demand delivery platform.
FaZe
Clan x DoorDash
Throughout the partnership, FaZe Clan Talent including FaZe Nate Hill, FaZe Adapt, FaZe Faxuty, FaZe Kalei, FaZe
Swagg, FaZe ZooMaa and more to be announced will partner with DoorDash and highlight how DoorDash helps them stay in their game by
seamlessly connecting them to their gaming essentials. FaZe Clan and DoorDash have also teamed up for a new livestream gaming series
on Twitch called DashDays, where FaZe Clan members will bring unique opportunities to their fans by dropping DoorDash
codes, FaZe Clan merchandise and other surprises. Additionally, DoorDash will be integrated into Faze Clan’s slate of new and
innovative programming. The partnership will also extend outside of the digital realm to include innovative live events that fuel
the synergy between gaming, food, and more.
“We
are excited to name DoorDash as the official on-demand delivery platform of FaZe Clan and look forward to the boundary-pushing collaborations,
exciting products, live events and innovative content we’ll be dropping this year,” said Adam Bauer, SVP of Partnerships at
FaZe Clan. “We know that our fans are always looking for ways to elevate their game and this partnership with DoorDash will help
them remain focused while having access to all their needs on-demand.”
“We
are thrilled to be the official on-demand delivery platform of FaZe Clan and support gamers as the one-stop shop for everything they
need to seamlessly support their gaming rituals and eliminate down time so they can focus on the games they love,” said David
Bornoff, DoorDash’s Head of Brand Marketing. “We look forward to working together as we leverage our platform to uniquely
engage and build lasting connections with the gaming community.”
Throughout
the course of the partnership, the two will continue to collaborate on original programming and live events that empower the gaming
community. To stay updated on the partnership, fans can subscribe to upcoming initiatives by
following @FaZeClan and @DoorDashGaming on Twitter.
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 ten competitive esports teams who have won over 30 world
championships. Learn more at fazeclan.com/public. For more information, visit www.fazeclan.com, investor.fazeclan.com and follow FaZe Clan
on Twitter, Instagram, YouTube, TikTok, and Twitch.
About
DoorDash:
DoorDash (NYSE: DASH) is a technology company that connects consumers with their favorite businesses
across the United States, Canada, Australia, Japan, and Germany. Founded in 2013, DoorDash enables local
businesses to address consumers’ expectations of ease and immediacy and thrive in today’s convenience economy. By building the
logistics infrastructure for local commerce, DoorDash is bringing communities closer, one doorstep at a time.
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).
Important
Information about the Proposed Business Combination and Where to Find It
In
connection with the proposed Business Combination, BRPM has filed a registration statement on Form S-4 (the “Registration Statement”)
with the Securities and Exchange Commission (the “SEC”) which includes a preliminary proxy statement/prospectus relating to
the proposed Business Combination (the “Proxy Statement/Prospectus”). After the Registration Statement is declared effective
by the SEC, BRPM will mail the definitive Proxy Statement/Prospectus to holders of BRPM’s shares of common stock as of a record date
to be established 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 preliminary Proxy Statement/Prospectus and, when available, the amendments thereto, the definitive 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, once such documents are available 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 press release 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 press release 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 BRPM’s Form S-1 filed with the SEC relating to its initial public offering, which was declared
effective on February 18, 2021 (“Form S-1”) and 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 press release 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 press release, 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 press
release, 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 satisfy the minimum cash condition
following redemptions by BRPM’s public stockholders, 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 BRPM’s Form S-1 and in subsequent filings with the SEC, including 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 press release. Accordingly, undue reliance should not be placed
upon the forward-looking statements.
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