Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 142

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 142
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iller to civil fines and penalties, or
claims for damages either under the EU GDPR and relevant member state law in the European Union, other foreign laws, and other
relevant state and federal privacy laws in the United States.

Many governments have
enacted laws requiring companies to notify individuals of data security incidents or unauthorized transfers involving certain types of
personal data Security compromises experienced by Triller’s competitors, by Triller’s users or by Triller may lead to public
disclosures, which may lead to widespread negative publicity. For example, in July 2023, the SEC adopted rules requiring registrants to
disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity
risk management, strategy, and governance. Any security compromise in Triller’s industry, whether actual or perceived, could harm
Triller’s reputation, erode user confidence in the effectiveness of Triller’s security measures, negatively impact Triller’s
ability to attract new users, cause existing users to elect not to renew their subscriptions or subject Triller to third-party lawsuits,
regulatory fines or other action or liability, which could materially and adversely affect Triller’s business and operating results.

There can be no assurance
that any limitations of liability provisions in Triller’s contracts for a security breach would be enforceable or adequate or would
otherwise protect Triller from any such liabilities or damages with respect to any particular claim. Triller also cannot be sure that
Triller’s existing general liability insurance coverage and coverage for errors or omissions will continue to be available on acceptable
terms or will be available in sufficient amounts to cover one or more large claims, or that the insurer will not deny coverage as to any
future claim. The successful assertion of one or more large claims against Triller that exceed available insurance coverage, or the occurrence
of changes in Triller’s insurance policies, including premium increases or the imposition of large deductible or co-insurance requirements,
could have a material adverse effect on Triller’s business, financial condition and operating results.

For example, Triller’s
subsidiary, TrillerTV, is party to a class action over its use of consumer personal identifying information from Facebook. Any such inquiries
could subject Triller to substantial fines and costs, require Triller to change Triller’s business practices, divert resources and
the attention of management from Triller’s business, or adversely affect Triller’s business.

Triller faces uncertainties associated with international markets.

Triller’s production
of live Events overseas subjects