Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 96

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 96
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Triller also cannot be
certain that its licensors are not infringing the intellectual property rights of third parties or that its licensors have sufficient
rights to the licensed intellectual property in all jurisdictions in which Triller may sell access to its Technology Platform. In addition,
many licenses are non-exclusive, and therefore Triller’s competitors may have access to the same technology licensed to Triller.

Certain of Triller’s products contain third-party open source software components, and failure to comply with the terms of the underlying open source software licenses could restrict Triller’s ability to sell its products.

Certain of Triller’s
products contain components that are licensed under so-called “open source,” “free” or other similar
licenses. Open source software is made available to the general public on an “as-is” basis under the terms of a non-negotiable license.
Triller currently combines its proprietary software with open source software, but not in a manner that Triller believes requires the
release of the source code of its proprietary software to the public. Triller does not plan to integrate its proprietary software with
open source software in ways that would require the release of the source code of its proprietary software to the public. Although Triller
has certain processes in place to monitor and manage its use of open source software to avoid subjecting its platform to conditions Triller
does not intend, the terms of many open source licenses have not been interpreted by U.S. or foreign courts, and there is a risk that
these licenses could be construed in a way that could impose unanticipated conditions or restrictions on Triller’s ability to provide
or distribute Triller’s platform.

Triller’s use and
distribution of open source software may entail greater risks than use of third-party commercial software. Open source licensors generally
do not provide support, warranties, indemnification, or other contractual protections regarding infringement claims or the quality of
the code. In addition, if Triller combines its proprietary software with open source software in a certain manner, Triller could, under
certain open source licenses, be required to release to the public or remove the source code of Triller’s proprietary software.
Triller may also face claims alleging noncompliance with open source license terms or infringement or misappropriation of proprietary
software. These claims could result in litigation, require Triller to purchase a costly license or remove the software. In addition, if
the license terms for open source software that Triller uses change, it may be forced to re-engineer its