Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 122

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 122
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 others.
From time to time, Triller’s competitors or other third parties have in the past and may in the future claim that Triller is infringing
upon or misappropriating their intellectual property rights, and Triller may be found to be infringing upon such rights.

Many potential litigants, including some of Triller’s competitors
and patent-holding companies, have the ability to dedicate substantial resources to assert their intellectual property rights and to defend
claims that may be brought against them. Claims or litigation have caused in the past and could in the future cause Triller to incur significant
expenses and, if successfully asserted against us, could require that Triller pays substantial damages or ongoing royalty payments, prevent
Triller from offering its Technology Platform or services or using certain technologies, force Triller to implement expensive work-arounds,
or impose other unfavorable terms. In addition, Triller may be required to license additional technology from third parties to develop
and market new platform features, which may not be on commercially reasonable terms, or at all, and would adversely affect Triller’s
ability to compete. Any license or settlement entered into as the result of claims or litigation may not provide Triller with sufficient
rights to practice Triller’s Technology Platform. Triller has in the past and may in the future enter into patent license agreements
as a result of third-party patent assertions. In the event that Triller does not comply with the requirements of a patent license agreement
or fail to make required payments, Triller may be subject to breach of contract claims, which may subject Triller to monetary damages
and loss of rights under the license agreement. Triller expects that the occurrence of infringement claims is likely to grow as the market
for Triller’s Technology Platform and Events grows and as Triller introduces new and updated products and offerings. Accordingly,
Triller’s exposure to damages resulting from infringement claims could increase and this could further exhaust Triller’s financial
and management resources. Further, during the course of any litigation, Triller may make announcements regarding the results of hearings
and motions, and other interim developments. If securities analysts and investors regard these announcements as negative, the value of
ILLR Shares may decline. Even if intellectual property claims do not result in litigation or are resolved in Triller’s favor,
these claims, and the time and resources necessary to resolve them, could divert the resources of Triller’s management and require
significant expenditures. Any of the foregoing could prevent Triller from competing effectively and could have an adverse