Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 286

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 286
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 one-year
anniversaries of their respective issuance dates. Bobby Sarnevesht is the trustee of BAS Living Trust and his mother, Julia Hashemieh,
is the trustee of the AS Trust. Mahi de Silva, our former Chief Executive Officer and former director, is the trustee of the De Silva
2000 Living Trust. Proxima Media, LLC is a beneficial owner of more than 5% of our equity securities.

Aryana Health Care Foundation October 2022 Promissory Note

On October 21, 2022, we issued a 6.0% unsecured
promissory note in the aggregate principal amount of $4.0 million to the Aryana Health Care Foundation. Julia Hashemieh, the mother of
one of our founders and our Chief Executive Officer, Bobby Sarnevesht, is an affiliate of the Aryana Health Care Foundation.

BASM December 2022 Promissory Note and Affiliate Warrant

On December 5, 2022, we issued to BASM HoldCo
LLC (i) a 6.0% unsecured promissory note in the aggregate principal amount of $2.5 million to BASM HoldCo LLC in respect of a loan in
the same amount and (ii) as additional consideration for the loan, a warrant to purchase 1,410,436 Class B Common Units at an exercise
price per unit of $0.01 to Julia Hashemieh, an affiliate of BASM HoldCo LLC and the mother of one of our founders and our Chief Executive
Officer, Bobby Sarnevesht. See Note 10, Debt, for more information on the BASM Note.

April 2023 Convertible Debt Facilities

On April 7, 2023, we entered into a Subscription Agreement with Sabeera
Triller 1 LLC (“Sabeera 1”), pursuant to which we are entitled to draw down from time to time, at our option and in
our sole discretion, up to a maximum aggregate amount of $100.0 million of gross proceeds from Sabeera 1 in exchange for a Convertible
Note in an amount equal to 110% of the sum of all draws. The Convertible Note will mature 180 days after its initial issuance and bear
simple interest, payable in kind, at a rate of 7.5% per annum, and is convertible at a conversion price of 80% of the then current fair
market value of the