Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 326

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 326
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-raising exercises.
The Company believes that it will be able to grow its revenue base and control expenditures. In parallel, the Company will monitor its
capital structure and operating plans and search for potential funding alternatives in order to finance the development activities and
operating expenses. The Company 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, the Company will need to raise capital in
one or more debt and/or equity offerings.

However, the Company cannot predict the exact
amount or timing of the alternatives or guarantee those alternatives will be favorable to its stockholders. Any failure to obtain financing
when required will have a material adverse impact on the Company’s business, operation and financial result. Please refer to the
Company's Annual Report on Form 10-K for the year ended December 31, 2023, as filed on March 28, 2024, for further information about the
liquidity and going concern.

NOTE 4 — COMPLETION OF MERGER TRANSACTION

The Merger Transactions

In April 2024, the Company entered into a certain Agreement and Plan
of Merger (the “Original Merger Agreement”). On August 30, 2024, the Company entered into an Amended and Restated Agreement
and Plan of Merger (as further amended, the “Merger Agreement”) by and between the Merger Sub, Triller, and Bobby Sarnevesht.
The Merger Agreement has amended, restated and superseded the Original Merger Agreement accordingly (the “Merger Transactions”).
Pursuant to the Merger Agreement, (a) Triller will complete its reorganization (the “Triller Reorganization”) with Triller
Hold Co LLC (“Triller LLC”), (b) the Company will domesticate to the United States as a Delaware corporation (the “AGBA
Domestication”), pursuant to which, among other things, all AGBA ordinary shares, par value $ per share will automatically
convert into the same number of shares Delaware Parent Common Stock, as defined below (AGBA, when domesticated as a Delaware corporation,
is sometimes referred to as “Delaware Parent”) and (c) after giving effect to the Triller Reorganization and the AGBA Domestication,
Merger Sub will merge into Triller, with Triller as the surviving corporation and a wholly owned subsidiary of Delaware Parent.

Stockholders