Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 331

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 331
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 these convertible notes are subject to a variable conversion rate. The Company
has determined that the conversion feature is not considered to be solely indexed to the Company’s own shares and is therefore not
afforded equity treatment.

The Company recorded amortization of debt discount
of convertible promissory notes payable as interest expense in the unaudited condensed consolidated statements of operations and comprehensive
loss of $ and $ for the three and nine months ended September 30, 2024, respectively.

The Company recorded accrued interest of convertible
promissory notes payable in interest expense in the unaudited condensed consolidated statements of operations and comprehensive loss of
$ and $ for the three and nine months ended September 30, 2024, respectively.

<div align='center'>F-22

TRILLER GROUP INC.

(Formerly AGBA Group Holding Limited)

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

(Currency expressed in United States Dollars (“US$”),
except for number of shares)</div>

NOTE 6 — RESTRICTED CASH

As of September 30, 2024 and December 31, 2023,
the Company has $ and $ fund held in escrow, respectively. Fund held in escrow primarily comprised of escrow funds
held in bank accounts on behalf of the Company’s customers. The Company is currently acted as a custodian to manage the assets and
investment portfolio on behalf of its customers under the terms of certain contractual agreements, which the Company does not have the
right to use for any purposes, other than managing the portfolio. Upon receiving escrow funds, the Company records a corresponding escrow
liability.

NOTE 7 — ACCOUNTS RECEIVABLE, NET

|                                            |     | As of | September 30, 
          2024 |   |     |   | December 31, 
         2023 |   |
|:-------------------------------------------|:----|:------|--------------:|:--|:----|:--|-------------:|:--|
| Accounts receivable                        |     | $     |     1,880,421 |   |     | $ |    3,283,118 |   |
| Accounts receivable – related parties      |     |       |     1,833,343 |   |     |   |