Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 277

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 277
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, LLC is a
beneficial owner of more than 5% of our equity securities. Proxima Media is affiliated with one of our founders and former director, Ryan
Kavanaugh, who beneficially owns 38,027,854 shares of Triller Common Stock, which represents 12.7% of Triller’s outstanding Common
Stock and 27.0% of the voting power of Triller’s outstanding voting securities.

Lease with Platform Co.

Platform Co. (f/k/a Triller Inc.) sublets office
space at 2121 Avenue of the Stars, Los Angeles, CA from Proxima, with whom it shares occupancy, at the same price as Proxima pays the
master landlord for such space. During the fiscal year 2021 and 2022, Proxima was paid approximately $1.5 million and $0.4 million, respectively,
for the office space. Proxima is a beneficial owner of more than 5% of the Company’s equity securities.

Ryan Kavanaugh, a former director and employee
of Triller, is a beneficial owner of more than 5% of the equity securities of Proxima Media LLC.

Dog for Dog Sponsorship Agreement

On April 7, 2021 Triller Fight Club LLC (“Fight Club”), our wholly owned subsidiary, and Dog for Dog Inc. (“Dog for Dog”) entered into an agreement (the
“Sponsorship Agreement”) under which Dog for Dog agreed to pay Fight Club $7.5 million (the “Sponsorship Fee”)
for certain sponsorship rights to three Events produced by Fight Club featuring boxing matches between Jake Paul and Ben Askren on April
17, 2021, Evander Holyfield and Vitor Belfort on September 11, 2021, and a Triad Combat event featuring Frank Mir and Kubrat Pulev on
November 27, 2021. Payments pursuant to the Sponsorship Agreement are reflected as part of discontinued operations in our consolidated
financial statements. Through an affiliated entity, one of our founders and former directors, Ryan Kavanaugh, is the majority owner of
and exercises control over Dog for Dog and was serving as one of our directors at the time of the transaction.

Triller Acquisition Issuance & Repurchase; Related Warrant

On September 7, 2021, Triller Acquisition LLC
(“Acquisition”), one of the founding members of Triller Hold Co LLC, purchased 1,196,472 of our Class B Common Units