Counter Logic Gaming, aka CLG, was reported that it's in the process of massive lay-offs, leaving doors open to speculate that the infamous esports organization might be shutting down, according to LCS content creator Travis Gafford.
Amidst that, CLG started releasing their esports teams and rosters as well, including the well known and respected CLG Red division, which hosted CLG's Red VALORANT team.
CLG Red VALORANT team fought tooth and nail to get their spot in the Main Event of the North American Game Changers tournament, but, with the news emerging about CLG's future, the team expressed their sadness and frustration with the whole ordeal on social media.
However, this grim outlook didn't continue to roam, as the team was signed to Moist Esports. Moist Esports' Ludwig announced via a YouTube video earlier.
Ludwig explained that the acquisition will be the GC's Main Event, however, Moist Esports is extending help to the former Counter Logic Gaming team as Ludwig stated that the organization will be helping them find a new home and plan their future.
The team will compete in GC Main Event as MxM (Moist x Moguls) Female Team.
Tune in to @ValorantTracker on Twitter for latest VALORANT esports news.