Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 354

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 354
---
 |     |   | December 31, 
         2023 |   |
|:---------------------------------|:----|:------|--------------:|:--|:----|:--|-------------:|:--|
| Deferred tax assets, net:        |     |       |               |   |     |   |              |   |
| Net operating loss carryforwards |     | $     |    12,861,058 |   |     | $ |    8,909,692 |   |
| Less: valuation allowance        |     |       |   (12,861,058 | ) |     |   |   (8,909,692 | ) |
| Deferred tax assets, net         |     | $     |             — |   |     | $ |            — |   |

|                                            |     | As of         
 September 30, 
 2024          |             |   |     | December 31, 
 2023         |            |   |
|:-------------------------------------------|:----|:--------------|:------------|:--|:----|:-------------|:-----------|:--|
| Balance as of beginning of the period/year |     | $             | (8,909,692  | ) |     | $            | (5,461,370 | ) |
| Addition                                   |     |               | (3,951,366  | ) |     |              | (3,448,322 | ) |
| Balance as of end of the period/year       |     | $             | (12,861,058 | ) |     | $            | (8,909,692 | ) |

<div align='center'>F-37

TRILLER GROUP INC.

(Formerly AGBA Group Holding Limited)

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

(Currency expressed in United States Dollars (“US$”),
except for number of shares)</div>

As of September 30, 2024 and December 31, 2023,
the operations incurred $ million and $ million, respectively of cumulative net operating losses which can be carried forward
to offset future taxable income. Net operating loss can be carried forward indefinitely but cannot be carried back to prior years. There
are no group relief provisions for losses or transfers of assets under Hong Kong