Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 198

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 198
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of promissory notes to Triller LLC of US$20.0 million.

Net cash used in financing activities for the
nine months ended September 30, 2023 of US$0.4 million was primarily due to advances from holding company of US$6.3 million, proceeds
from borrowings of US$7.2 million, offset by the settlement of forward share purchase agreement of US$14.0 million.

Comparison of the years ended December 31, 2023 and 2022

The following table summarizes our cash flows
for the years presented:

|                                                              |     | Years ended December 31, 
 2023                     
 (US$ in thousands)       |         |   |     | 2022 |         |   |
|:-------------------------------------------------------------|:----|:-------------------------|--------:|:--|:----|:-----|--------:|:--|
| Net cash used in operating activities                        |     | $                        | (42,282 | ) |     | $    | (19,304 | ) |
| Net cash provided by (used in) investing activities          |     |                          |  10,792 |   |     |      | (14,189 | ) |
| Net cash (used in) provided by financing activities          |     |                          |  (1,040 | ) |     |      |  12,135 |   |
| Effect on exchange rate change on cash and cash equivalents  |     |                          |     (86 | ) |     |      |    (429 | ) |
| Net change in cash, cash equivalents and restricted cash     |     |                          | (32,616 | ) |     |      | (21,787 | ) |
| Cash, cash equivalents and restricted cash, at the beginning |     |                          |  51,294 |   |     |      |  73,081 |   |
| Cash, cash equivalents and restricted cash, at the end       |     | $                        |  18,678 |   |     | $    |  51,294 |   |
| Representing as:-                                            |     |                          |         |   |     |      |         |   |
| Cash and cash equivalents                                    |     | $                        |   1,861 |   |     | $    |   6,450 |   |
| Restricted cash – forward share purchase agreement           |     |                          |       — |