Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 329

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 329
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 the First Pre-Paid Advance will be 12 months after its issuance date. Yorkville may
convert the First Pre-Paid Advance into shares of the Common Shares at any time after the Merger at a fixed conversion price equal to
(i) the principal mount and interests, divided by (ii) the determination of the lower of (a) % of the VWAP during the ten trading days
preceding the closing date of the Merger (the “Fixed Price”), or (b) % of the lowest daily VWAP during the 10 consecutive
trading days immediately preceding the conversion date or other date of determination (the “Variable Price”), provided that
the Variable Price shall not be lower than the Floor Price. The “Floor Price”, solely with respect to the Variable Price,
shall be equal to (i) a price equal to % of the average of the daily VWAPs during the ten (10) trading days immediately preceding the
closing date of the Merger, and (ii) from and after the date of effectiveness of the initial registration statement, % of the VWAP of
the trading day immediately prior to the date of effectiveness of the initial registration statement, if such price is lower than the
price in part (i) of this sentence.

<div align='center'>F-21

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>

Second Pre-Paid Advance

On June 28, 2024, the Company, Triller and Yorkville
entered into the Second A&R SEPA to modify the A&R SEPA dated April 25, 2024. Pursuant to the Second A&R SEPA, Yorkville will
(i) provide for the assignment by Triller and assumption by the Company of the rights and obligations of Triller under the A&R SEPA
and the promissory note of the First Pre-Paid Advance of $ million from Triller dated April 25, 2024 and (ii) provide to the Company
financing in the principal amount of $ million (the “Second Pre-Paid Advance”) in the form of an additional convertible
promissory note, subject to the same terms in interest charge