Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 328

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 328
---
Us, 
 and                                                                                                                                    |

| (vi) | adjusted                                                                                                                             
 an aggregate of 53,147,335 Triller warrants which are to be reissued as Triller Group warrants in replacement thereof pursuant to an 
 independent valuation.                                                                                                               |

Following the closing, the Company issued an aggregate
of shares of its common stock, shares of its Series A-1 preferred stock, and shares of its Series B preferred
stock.

At the closing date and following the completion
of the Merger Transaction and after giving effect to the Forward Split effected on October 1, 2024 and Reverse Split effected on October
15, 2024, the Company had approximately shares of common stock issued and outstanding.

To date, the common stocks of ILLR were listed
and traded on the Nasdaq Stock Market under the symbol “ILLR”.

NOTE 5 — PROMISSORY NOTES RECEIVABLE AND PAYABLE

Financing Arrangements with Triller and Yorkville

On April 25, 2024, the Company entered into the
A&R SEPA with YA II PN, LTD, a Cayman Islands exempt limited partnership (“Yorkville”), and Triller. Pursuant to the A&R
SEPA, Triller, or the Company after the transactions contemplated by the Merger Agreement are closed, has the right to sell to Yorkville
up to $ million shares of common stock, par value $ per share, of the Company (“Common Stock”), subject to certain
limitations and conditions set forth in the A&R SEPA, from time to time during the term of the SEPA. Sales of the shares of Common
Stock to Yorkville under the A&R SEPA, and the timing of any such sales, are at the Company’s option, and the Company
is under no obligation to sell any shares of Common Stock to Yorkville under the A&R SEPA except in connection with notices that may
be submitted by Yorkville.

In connection with the A&R SEPA, Yorkville
agreed to an advance to the Triller in the form of convertible promissory notes in a principal amount up to $ million (the “First
Pre-Paid Advance”). The First Pre-Paid Advance is amounted to % of the principal amount to be drawn down. Interest shall accrue
on the outstanding balance of First Pre-Paid Advance at an annual rate of %, subject to an increase to % upon an event of default as
described in the definitive agreement. The maturity date of