Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 134

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 134
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 effectiveness of such adaptation, and Triller cannot predict
the impact such changes may have on its business. In addition, it may be necessary for Triller to fundamentally change its business activities,
information technologies, systems, and practices, and to those of any third parties that process personal information on Triller’s
behalf.

Although Triller endeavors
to comply with all applicable data privacy and security obligations, Triller may at times fail or be perceived to have failed to do so.
For example, Triller’s subsidiary, TrillerTV, is party to a class action over its use of consumer personal identifying information
from Facebook. Moreover, despite Triller’s efforts, Triller’s customers, personnel or third parties upon whom Triller relies
may fail to comply with such obligations, which could negatively impact Triller’s business operations and compliance posture. For
example, any failure by a third-party processor to comply with applicable law, regulations, or contractual obligations could result in
adverse effects, including inability to operate Triller’s business and proceedings against Triller by governmental entities or others.
Any inability, or perceived inability, to address or comply with applicable data privacy or security obligations could result in significant
consequences, including, but not limited to, government enforcement actions (e.g., investigations, fines, penalties, audits, inspections,
and similar); litigation (including class-related claims); additional reporting requirements and/or oversight; bans on processing personal
information; and orders to destroy or not use personal information. Any of these events could have a material adverse effect on Triller’s
reputation, business, or financial condition, including but not limited to: loss of customers; additional costs and liabilities; damage
Triller’s reputation; reduction in sales and demand for Triller’s platform; and harm Triller’s business.

Moreover, as internet
commerce and advertising continues to evolve, increasing regulation by federal, state and foreign regulatory authorities becomes more
likely. For example, California’s Automatic Renewal Law requires companies to adhere to enhanced disclosure requirements when entering
into automatically renewing contracts with consumers. Other states have enacted similar laws in recent years. As a result, a wave of consumer
class action lawsuits has been brought against companies that offer online products and services on a subscription or recurring basis.
Any failure, or perceived failure, by Triller to comply with any of these laws or regulations could result in damage to Triller’s
reputation, lost business, and proceedings or actions against Triller by governmental entities or others, which could