Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 322

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 322
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| ● | Commitments       
 and Contingencies |

The Company follows the ASC Topic 450, “Contingencies”
to report accounting for contingencies. Certain conditions may exist as of the date the unaudited condensed consolidated financial statements
are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to
occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing
loss contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings,
the Company evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the amount
of relief sought or expected to be sought therein.

If the assessment of a contingency indicates that
it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would
be accrued in the Company’s unaudited condensed consolidated financial statements. If the assessment indicates that a potentially
material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent
liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.

Loss contingencies considered remote are generally
not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon
information available at this time that these matters will have a material adverse effect on the Company’s financial position, results
of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s
business, financial position, and results of operations or cash flows.

| ● | Fair              
 Value Measurement |

The Company follows the guidance of the ASC Topic
820-10, “Fair Value Measurements and Disclosures” ("ASC 820-10"), with respect to financial assets and liabilities
that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring
fair value as follows:

| ● | Level                                                                                                  
 1 : Inputs are based upon unadjusted quoted prices for identical instruments traded in active markets; |

| ● | Level                                                                                                                                       
 2 : Inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments       
 in markets that are not active, and model