Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 126

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 126
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 scheduled payments through September 2024 and approximately $5.5 million remains due. To date,
Triller was unable to satisfy this obligation and as a result on or about December 18, 2024, Wixen filed a Complaint against Triller,
Inc. in the Superior Court in Los Angeles, California alleging breach of contract in connection with Triller’s alleged breach of
the subject settlement agreement.If Triller is not able to obtain sufficient financing to satisfy these obligations it will have a material
adverse effect on its business and Triller may have to limit operations in a manner inconsistent with its development and growth plans.

Given the large volume
of content that various third parties make available on Triller’s Technology Platform, it is challenging for Triller to accurately
verify the legitimacy of such content and review or moderate such content to ensure that it is otherwise in compliance with Triller’s
policies, so inappropriate content may be posted or activities executed before Triller is able to take protective action, which could
subject Triller to legal liability. Even if Triller complies with legal obligations to remove or disable content, Triller may continue
to allow use of its products or services by individuals or entities who others find hostile, offensive, or inappropriate. The activities
or content of Triller’s Creators, Brands or users may lead Triller to experience adverse political, business and reputational consequences,
especially if such use is high profile. Conversely, actions Triller takes in response to the activities of Triller’s Creators, Brands
or users, up to and including banning them from using Triller’s products, services, or properties, may harm Triller’s brand
and reputation. In addition to liability based on Triller’s activities in the United States, Triller may also be deemed subject
to laws in other countries that may not have the same protections or that may impose more onerous obligations on us, which may impose
additional liability or expense on us, including additional theories of intermediary liability.

In addition, Brands may
not wish to associate with certain types of content and if Triller cannot reliably exclude their ads from certain types of content, Triller’s
business relationships may also be negatively impacted. If Triller fails to build and maintain an effective system to moderate the content
on Triller’s Technology Platform, Triller’s users, Creators, or Brands may lose trust in us, Triller’s reputation may
be impaired, and Triller’s business may be adversely affected.

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