Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 40

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 40
---
 adverse impact on the Chinese
economy and in turn on the Hong Kong economy. On January 31, 2020, the United Kingdom ceased to be a member of the European
Union (commonly referred to as “Brexit”). The effects of Brexit on worldwide economic and market conditions remain
uncertain. Brexit could adversely affect European and worldwide economic and market conditions and could contribute to instability in
global financial and foreign exchange markets. Furthermore, protests in Hong Kong in 2019, political instability in the Korean
Peninsula, a slump in commodity prices, uncertainty over interest rates in the United States, the outbreak and spread of the COVID-19 pandemic,
and the armed conflict between Russia and Ukraine have also resulted in instability and volatility in the global financial markets. Recently,
the global stock markets have experienced extreme volatility, in reaction to the outbreak of the conflict between Russia and Ukraine and
governments’ responses thereto. It is unclear whether these challenges and uncertainties will be contained or resolved, and what
effects they may have on the global political and economic conditions in the long term.

<div align='center'>19</div>

Recent litigation, increased SEC disclosure requirements and negative publicity surrounding China-based companies listed in the United States may result in increased regulatory scrutiny of the Company and negatively impact the trading price of its shares, which could have a material adverse effect upon its business, including its results of operations, financial condition, cash flows, and prospects.

The management of the Company believes that recent litigation, increased SEC disclosure requirements, and negative publicity surrounding companies with operations in China that are listed in the United States have negatively impacted stock prices for these companies. Various equity-based research organizations have published reports on China-based companies, after examining their corporate governance practices, related party transactions, sales practices, and financial statements, and these reports have led to special investigations and listing suspensions on U.S. national exchanges, including the Nasdaq. In June 2021, SEC Chair Gary Gensler requested a “pause” in U.S. IPOs of Chinese companies to assess these issues. In August 2021, the SEC started to issue new disclosure requirements to companies operating in China and seeking to list on U.S. securities exchanges in order to boost investor awareness of the certain risks, including with respect to certain corporate structures of Chinese companies, such as VIEs and the risk of Chinese regulators intervening with company operations or data security policies.

As of the date of this registration statement, the Company and its subsidiaries have not entered into, and