Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 276

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 276
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, a third-party Cayman-incorporated fund. For the years ended
December 31, 2023 and 2022, NSD Capital paid OAM US$69,150 and US$69,134, respectively, for management services.

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Mashtraxx Services Agreement

Pursuant to a Services Agreement entered into
on October 8, 2019, we engaged Mashtraxx Limited (“Mashtraxx”) to provide technical support services in connection
with our mobile application and associated software (the “Services Agreement”). Mashtraxx is an affiliate of Mashtraxx
(Triller Holding) Limited, a beneficial owner of more than 5% of our equity securities. During fiscal years ended December 31, 2022, 2021
and 2020, we paid Mashtraxx approximately $4.2 million, $12.3 million and $8.9 million, respectively, under the Services Agreement. Philip
Walsh, who is a director of Triller, is also a director and officer of Mashtraxx.

Property Lease

Until July 2023, we previously sublet office space
at 2121 Avenue of the Stars, Los Angeles, California, from Proxima Media, LLC (the “Property Lease”), with whom we
shared occupancy, at the same price as Proxima pays the master landlord for such space. During the fiscal years ended December 31, 2022,
2021 and 2020, we paid approximately $0.4 million, $1.5 million and $0.4 million, respectively, under the Property Lease. Proxima Media,
LLC is a beneficial owner of more than 5% of our equity securities.

Proxima Transactions

On March 16, 2020, we reimbursed Proxima $0.3
million for legal and business expenses Proxima had incurred on our behalf in 2019 and 2020.

On April 20, 2020, we entered into an agreement
with Proxima pursuant to which Proxima agreed to secure on our behalf all rights in and to a live boxing and musical performance event
featuring a bout between Mike Tyson and Roy Jones Jr. and to provide certain services to us in connection with the financing, marketing,
production, and exploitation of that event. Proxima was paid $6.6 million related to this event in early 2021. Proxima Media