Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 60

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 60
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 condition and results of operations could be adversely affected. Moreover, Triller’s recent acquisitions involve risks
and uncertainties including those associated with the integration of operations, financial reporting, technologies and personnel and the
potential loss of key employees, customers or strategic partners. The integration of Triller’s acquired businesses has and will
require significant time and resources. For example, Triller currently manually closes the books across its various subsidiaries and business
units, and manually consolidate and roll up such subsidiary financials into Triller’s consolidated financial statements. Triller
does not currently utilize a consolidated ERP system to manage the closing of Triller’s books or the roll up of financials into
Triller’s consolidated financials. This process creates a risk of errors, is time intensive and costly. Triller may not be able
to manage the integration of acquired businesses successfully or achieve the strategic, financial or operating objectives of the acquisition
or integration, any of which could adversely affect Triller’s business, results of operations or the value of Triller’s acquisitions,
and these acquisitions may not be accretive to its earnings and may negatively impact its results of operations. If Triller’s operations
continue to grow, Triller will be required, among other things, to upgrade its information systems and other processes and to obtain more
space for its expanding administrative support and other personnel. Triller’s continued growth could strain its resources, and Triller
could experience operating difficulties, including difficulties in hiring, training and managing an increasing number of employees. These
difficulties could result in the erosion of Triller’s brand image and reputation and could have an adverse effect on its business,
financial condition, and operating results.

If the Company acquires, combines with or invests in other businesses, it will face risks inherent in such transactions.

The Company has in the past
considered and will continue, from time to time, to consider, opportunistic strategic or transformative transactions, which could involve
acquisitions, combinations or dispositions of businesses or assets, or strategic alliances or joint ventures with companies engaged in
music entertainment, entertainment or other businesses. Any such combination could be material, be difficult to implement, disrupt the Company’s
business or change its business profile, focus or strategy significantly.

The Company entered into
multiple strategic alliances in the past and later recognized related impairment losses on investments and goodwill. The Company may incur
debts in the future upon an acquisition or suffer losses related to impairment of these investments. The Company will continue to examine
the merits