Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 119

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 119
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 unauthorized
use is detected. Triller has not actively monitored trademark filings by third parties. The disclosure to, or independent
development by, a competitor of any of Triller’s trade secrets, know-how or other technology not protected by a
patent or other intellectual property system could materially reduce or eliminate any competitive advantage that Triller may have
over such competitor. Additionally, failure to comply with applicable procedural, documentary, fee payment, foreign filing license
and other similar requirements with the United States Patent and Trademark Office and various similar foreign governmental agencies
could result in abandonment or lapse of the affected patent, trademark or application. Accordingly, despite Triller’s efforts,
Triller may be unable to prevent third parties from infringing upon, misappropriating or designing around Triller’s technology
and intellectual property or claiming that Triller infringes upon or misappropriate their technology and intellectual property.

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The confidentiality and
invention agreements Triller has entered into to protect its intellectual property rights may not have been properly entered into on every
occasion with the applicable counterparty, and Triller cannot predict whether these agreements will be adequate to prevent infringement
or misappropriation of these rights or be sufficient to ensure ownership of these rights, and such agreements can be difficult and costly
to enforce or may not provide adequate remedies if violated. Further, Triller may not have entered into such agreements with all relevant
parties. If Triller failed to enter into one of these agreements, or if the assignment language is found to be insufficient under applicable
laws, it may not have effectively granted ownership of certain technology or other intellectual property to Triller. In such an event,
there would be a risk that the applicable counterparty would not be available to (or would not be willing to) assist Triller in perfecting
its ownership of the technology or intellectual property, or the counterparty may even assert ownership rights against Triller and make
claims for fees, damages, or equitable relief with respect to such technology or intellectual property, which may have an adverse effect
on Triller’s ability to utilize, perfect, or protect Triller’s proprietary rights over such technology and intellectual property.
Such agreements may also be breached and trade secrets or confidential information may be willfully or unintentionally disclosed, including
by employees who may leave Triller’s company and join Triller’s competitors, or Triller’s competitors or other parties
may learn of the information in some other way. Any such infringement of Triller’s