Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 342

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 342
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ILLER 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>

Once the public warrants become exercisable, the
Company may call the outstanding warrants (including any outstanding warrants issued upon exercise of the unit purchase option issued
to Maxim Group LLC) for redemption:

| ● | in                     
 whole and not in part; |

| ● | at                            
 a price of $0.01 per warrant; |

| ● | upon                                                      
 a minimum of 30 days’ prior written notice of redemption, |

| ● | if,                                                                                                                                  
 and only if, the last sales price of the common stock equals or exceeds $33.00 per share for any 20 trading days within a 30 trading 
 day period ending three business days before the Company send the notice of redemption, and                                          |

| ● | if,                                                                                                                                       
 and only if, there is a current registration statement in effect with respect to the common stock underlying such warrants at the time    
 of redemption and for the entire 30-day trading period referred to above and continuing each day thereafter until the date of redemption. |

If the Company calls the warrants for redemption
as described above, the management of the Company will have the option to require all holders that wish to exercise warrants to do so
on a “cashless basis.” In such event, each holder would pay the exercise price by surrendering the whole warrants for that
number of common stocks equal to the quotient obtained by dividing (x) the product of the number of common stock underlying the warrants,
multiplied by the difference between the exercise price of the warrants and the “fair market value” (defined below) by (y)
the fair market value. The “fair market value” shall mean the average reported last sale price of the common stock for the
10 trading days ending on the third trading day prior to the date on which the notice of redemption is sent to the holders of warrants.
Whether the Company will exercise our option to require all holders to exercise their warrants on a “cashless basis” will
depend on a variety of factors including the price of the common stock at the time the warrants are called for redemption, the Company’s
cash needs at such time and concerns regarding dilutive share