Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 120

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 120
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 intellectual property rights would also likely
result in Triller’s commitment of time and resources to protect these rights. Triller has engaged, and continue to engage, in litigation
with parties that claim or misuse some of its intellectual property. Triller is involved in certain pending lawsuits relating primarily
to the ownership of certain intellectual property rights. Similarly, Triller may infringe on others’ intellectual property rights.
One or more adverse judgments with respect to these intellectual property rights could have a material adverse effect on Triller’s
business, operating results and financial condition.

From time to time, in
the ordinary course of Triller’s business, Triller has been and may become involved in administrative processes, including re-examination, inter partes review, interference, derivation opposition and/or cancellation proceedings with respect to some of Triller’s intellectual
property or third-party intellectual property. Any such proceedings or other litigation or dispute involving the scope or enforceability
of Triller’s intellectual property rights or any allegation that Triller infringes, misappropriate or dilute upon the intellectual
property rights of others, regardless of the merit of these claims, could be costly and time-consuming and have in the past and may in
the future lead to loss or narrowing of Triller’s intellectual property. If any infringement or other intellectual property claim
made against Triller by any third party is successful, if Triller is required to indemnify a third party with respect to a claim, or if
Triller is required to, or decide to, cease use of a brand or technology, rebrand or obtain non-infringing intellectual property
(such as through a license), it could result in harm to Triller’s competitive position, delay introductions of enhancements to Triller’s
platform, result in Triller’s substituting inferior or more costly technologies into Triller’s platform, or harm Triller’s
reputation and brand, and could adversely affect Triller’s business and financial condition. Triller expects that the occurrence
of infringement claims is likely to grow as the market for Triller’s Technology Platform and Events grows and as Triller introduces
new and updated products and offerings. Accordingly, Triller’s exposure to damages resulting from infringement claims could increase
and this could further exhaust Triller’s financial and management resources.

Through new and existing
legal and illegal distribution channels, consumers have increasing options to access entertainment video. Piracy, in particular, threatens
to damage Triller’s business. Furthermore, in light of the compelling consumer proposition, piracy services are