FaZe Clan‘s stock sank to an all-time low after its latest filing revealed that investors defaulted on nearly three-quarters of the funds it was supposed to receive from its initial public offering merger.

The Los Angeles-based esports and entertainment group made its—somewhat rocky—initial public offering this past July. To do that, it merged with B. Riley Principal 150 Merger Group, a special purpose acquisition company (aka a Spac).

During that merger and initial public offering, private investors promised FaZe Clan they would buy a collective 10,000,000 shares of stock at 10 per share, giving it 100 million in liquid capital.

However, in the months since FaZe Clan’s Nasdaq debut, 71.4 million worth of those commitments have defaulted, per the org’s filing.

Thanks to its merger agreement, FaZe Clan is guaranteed a certain amount of money from the commitments, so B. Riley has invested 53.4 million, leaving FaZe around 18 million short of its anticipated 100 million.