Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 194

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 194
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 business development activities, and operating expenses. ILLR
is continuing its plan to further grow and expand operations and seek sources of capital to pay the contractual obligations as they come
due. To access capital to fund operations or provide growth capital, we will need to raise capital in one or more debt and/or equity offerings.
Although there is no assurance that, if needed, we will be able to pursue these fundraising initiatives and have access to the capital
markets going forward. The consolidated financial statements do not include any adjustments that might result from the outcome of these
uncertainties.

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Future Liquidity

On a recurring basis, the primary future cash
needs of AGBA will be focused on operating activities, working capital, capital expenditures, investment, regulatory and compliance costs.
The ability of AGBA to fund these needs will depend, in part, on its ability to generate or raise cash in the future, which is subject
to general economic, financial, competitive, regulatory, and other factors that are beyond its control.

The ability to fund AGBA’s operating needs
will depend on its future ability to continue to generate positive cash flow from operations and raise capital in the capital markets.
AGBA’s management believe that it will meet known or reasonably likely future cash requirements through the combination of cash
flows from operating activities, available cash balances, and external borrowings and fund raising. AGBA’s management expects that
the primary cash requirements in 2024 will be to fund capital expenditures for (i) expansion of the Distribution Business and (ii) Platform
Business.

If AGBA’s sources of liquidity need to be
augmented, additional cash requirements would likely need to be financed through the issuance of debt or equity securities; however, there
can be no assurances that we will be able to obtain additional debt or equity financing on acceptable terms, or at all, in the future.

AGBA expects that operating losses could continue
into the foreseeable future as it continues to invest in growing its businesses. Based upon AGBA’s current operating plans, the
management believes that cash and equivalents will not be able to provide sufficient funds to its operations for at least the next 12
months from the date of its consolidated financial statements. However, these forecasts involve risks and uncertainties, and actual results
could vary materially. Our management has based this estimate on assumptions that may prove to be wrong, and we could deplete our capital
resources sooner than we expect. See “—