Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 278

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 278
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(the “Acquisition Units”) for the aggregate purchase price of $10.0 million. Concurrently with the transaction, we
issued a warrant to an immediate family member of Bobby Sarnevesht, one of our directors, who had funded Acquisition’s purchase
of the Acquisition Units, to purchase 2,392,945 of our Class B common units at an exercise price of $2.035 per unit. On November 27, 2021,
we repurchased and redeemed the Acquisition Units for the aggregate purchase price of $10.0 million while the warrants remain outstanding
as of December 31, 2022. Acquisition was an affiliate of Bobby Sarnevesht and our former director Ryan Kavanaugh at the time of the transaction.
Acquisition was merged with and into Triller Hold Co LLC on August 17, 2022. Mr. Sarnevesht became our Chief Executive Officer in December
2023 and was not our Chief Executive Officer at the time of the transaction.

Multiverse Investment Fund I LLP

On July 7, 2020 Multiverse Investment Fund I LP
(“Multiverse”) entered into a Subscription Agreement with us (the “Subscription Agreement”) under
which Multiverse purchased 982,801 of our Class B common units at a per-unit purchase price of $2.035. Concurrently with the execution
of that Subscription Agreement, we issued Multiverse a warrant to purchase 982,801 of our Class B common units at a per-unit exercise
price equal to $2.035. At the time of that transaction, both Jack Kavanaugh and Mahinda de Silva, our former Chief Executive Officer,
were Managing Members of the General Partner of Multiverse. Mr. de Silva was one of our directors at the time of the transaction. Mr.
de Silva became our Chief Executive Officer on April 14, 2021 and was not our Chief Executive Officer at the time of the transaction.

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Truverse Acquisition

On December 13, 2021, we entered into a Share
and Unit Exchange Agreement with Truverse, Inc. (“Amplify”) and Truverse HoldCo Inc. pursuant to which we acquired
all of the issued and outstanding equity interests of Amplify for a purchase price of $91.4 million, consisting entirely of 8,051,962
Class B common units. In connection with the acquisition of Amplify, we issued to Mahi de Silva 91,940 Class B common