Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 293

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 293
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 in whole but not in part, automatically without any action by any Person on the
first (1st) Business Day of 2026 (the “Redemption Date”). Each outstanding share of Series B Preferred Stock will be
so redeemed for a cash payment in an amount equal to the par value for such shares and shall be effected on the books of Triller.

Liquidation. In
the event of any liquidation, winding-up or dissolution of Triller, whether voluntary or involuntary, each holder of the Series B Preferred
Stock shall be entitled to receive and to be paid out of the assets of Triller available for distribution to its stockholders an amount
in cash equal to the par value with respect to each share of Series B Preferred Stock held by such holder (the “Series B Liquidation Amount,” and together with the Series A Liquidation Amount, the “Liquidation Amounts”), in preference to
the holders of, and before any payment or distribution is made on the Common Stock and any other class of capital stock or series of preferred
stock issued after the date hereof (the terms of which expressly provide that such class or series does not rank senior to or on parity
with the Series B Preferred Stock), but only after payment of the Series A Liquidation Amount, if any.

Voting. Each holder of Series B Preferred
Stock shall be entitled to ten thousand (10,000) votes for each share of Series B Preferred Stock held by such holder as of the applicable
record date. Except as otherwise expressly provided herein or by applicable law, the holders of Common Stock and the holders of Series
B Preferred Stock shall at all times vote together as one class on all matters (including the election of directors) submitted to a vote
or for the written consent of the stockholders of Triller.

Anti-Takeover Effects of the Triller Certificate of Incorporation, the Triller Bylaws and Certain Provisions of Delaware Law

The Triller
Certificate of Incorporation, the Triller Bylaws and the DGCL contain provisions, which are summarized in the following
paragraphs, which are intended to enhance the likelihood of continuity and stability in the composition of Triller Board and to
discourage certain types of transactions that may involve an actual or threatened acquisition of Triller. These provisions are
intended to avoid costly takeover battles, reduce Triller’s vulnerability to a hostile change of control or other unsolicited
acquisition proposal, and enhance the ability of Triller Board to maximize stockholder value in connection