Triller Group Inc. (“Triller” or “the Company”) is making waves in
the technology and investor sectors, announcing a $50 million
equity funding round secured through a private placement with
institutional investors. This investment fuels Triller’s rapid
ascent as the next powerhouse in short-form video platforms,
further challenging TikTok’s dominance to become the superior
platform for creators, users, and collaborators.
Backed by global icons like Conor McGregor, The
Weeknd, Marshmello, Lil Wayne, and many more, Triller surged into
the top five in the “Photo and Video” category of app stores,
solidifying its status as a rising star in digital
entertainment.
Supercharging the Creator Revolution
In addition to enhancing the platform for users,
the fundraise enables Triller to accelerate its mission of
empowering creators. Triller will unveil cutting-edge AI-driven
tools, enhanced live-streaming capabilities, and a revamped video
editing suite, providing creators with unmatched opportunities to
engage audiences and monetize their content.
“At Triller, we’re not just building a
platform—we’re leading a movement,” said Wing Fai Ng, CEO of
Triller Group Inc. “Whether TikTok is banned or not has no bearing
on our trajectory. With powerhouses like Conor McGregor and other
global icons who champion our vision, we’ve created a platform that
is designed to outlast TikTok and any other competitor. We’re not
building our business around the failure of others; this seismic
shift in social media is only the beginning of what’s to come.”
Triller: The New Home for Viral
Content
As TikTok faces ongoing challenges and
uncertainty, Triller has emerged as the ultimate refuge and
frontrunner for displaced influencers and content creators.
Triller’s savemytiktoks.com campaign has ushered in waves of
creators seeking a U.S.-owned platform free from political and
regulatory roadblocks.
Under the new leadership of former TikTok
Executive Sean Kim, Triller is redefining the user experience and
what it means to create, distribute and monetize content.
BKFC & TrillerTV: Entertainment Frontiers
Redefined
Triller isn’t stopping at short-form videos; the
Bare-Knuckle Fighting Championship (BKFC) brand reaches over 250
million fans across 60 countries, while TrillerTV is celebrating a
decade of streaming success. Upcoming events like Wrestle Kingdom
19 from Tokyo Dome draw millions of viewers and further positions
Triller as a multimedia powerhouse.
Triller’s Future: Poised for Dominance in
2025
With the fund raise and these developments
underway, Triller is poised to become the premier social media hub
in 2025, attracting top talent and ensuring long-term growth and
success through its transparent and innovative environment.
Following President Donald Trump’s reelection,
Triller Group made a sizeable contribution to the Trump Inaugural
Fund, underscoring its dedication to supporting initiatives that
resonate with its business values and long-term vision.
Navigating the Ship: Investment and Changes
to Triller’s Leadership
Triller Group has also appointed Dr. Roger
Kennedy as an non-executive director following a designation by KCP
Holdings Limited, the lead investor in this funding round. He will
join the board’s audit, remuneration, and nomination
committees.
The private placement consisted of common stock
and warrants, with the Company’s shares priced at $2.20 each. This
funding round is the first new capital infusion following the
AGBA-Triller merger, with an additional fundraise expected later
this year.
This fundraise is a powerful catalyst for
Triller Group’s commitment to innovation and growth. With strong
backing from our investors and the star power of icons like Conor
McGregor, Triller is gearing up to disrupt the digital content
landscape like never before. Together with its team, partners, and
creators, Triller is creating a platform where ownership, growth,
and meaningful monetization are finally within reach.
For more details, please refer to the Company’s
report on Form 8-K filed with the Securities and Exchange
Commission on January 29, 2025.
About Triller Group
Inc.
Nasdaq: ILLR. Triller Group is a US-based
company that operates two main businesses: the newly merged
US-based social media operations (Triller Corp.), and the legacy
operations of the Company in Hong Kong (“AGBA”).
Triller Corp. is a next generation, AI-powered,
social media and live-streaming event platform for creators.
Pairing music culture with sports, fashion, entertainment, and
influencers through a 360-degree view of content and technology,
Triller Corp. uses proprietary AI technology to push and track
content virally to affiliated and non-affiliated sites and
networks, enabling them to reach millions of additional users.
Triller Corp. additionally owns Triller Sports, Bare-Knuckle
Fighting Championship (BKFC); Amplify.ai, a leading
machine-learning, AI platform; and TrillerTV, a premier global PPV,
AVOD, and SVOD streaming service. For more information,
visit www.trillercorp.com
Established in 1993, AGBA is a leading,
multi-channel business platform that incorporates cutting edge
machine-learning and offers a broad set of financial services and
healthcare products to consumers through a tech-led ecosystem,
enabling clients to unlock the choices that best suit their needs.
Trusted by over 400,000 individual and corporate customers, the
Group is organized into four market-leading businesses: Platform
Business, Distribution Business, Healthcare Business, and Fintech
Business. For more information, please visit www.agba.com.
Safe Harbor Statement
This press release contains forward-looking
statements as defined by the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, and underlying assumptions and other statements that
are other than statements of historical facts. When the Company
uses words such as “may,” “will,” “intend,” “should,” “believe,”
“expect,” “anticipate,” “project,” “estimate” or similar
expressions that do not relate solely to historical matters, it is
making forward-looking statements. Forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company’s expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company’s goals and strategies; the Company’s future
business development; product and service demand and acceptance;
changes in technology; economic conditions; the outcome of any
legal proceedings that may be instituted against us following the
consummation of the business combination; expectations regarding
our strategies and future financial performance, including its
future business plans or objectives, prospective performance and
opportunities and competitors, revenues, products, pricing,
operating expenses, market trends, liquidity, cash flows and uses
of cash, capital expenditures, and our ability to invest in growth
initiatives and pursue acquisition opportunities; reputation and
brand; the impact of competition and pricing; government
regulations; fluctuations in general economic and business
conditions in Hong Kong and the international markets the Company
plans to serve and assumptions underlying or related to any of the
foregoing and other risks contained in reports filed by the Company
with the SEC, the length and severity of the recent coronavirus
outbreak, including its impacts across our business and operations.
For these reasons, among others, investors are cautioned not to
place undue reliance upon any forward-looking statements in this
press release. Additional factors are discussed in the Company’s
filings with the SEC, which are available for review at
www.sec.gov. The Company undertakes no obligation to publicly
revise these forward–looking statements to reflect events or
circumstances that arise after the date hereof.
Investor & Media Relations:
Bethany Laiir@triller.co
Breanne Fritcher triller@wachsman.com
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Triller (NASDAQ:ILLR)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
Triller (NASDAQ:ILLR)
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부터 2월(2) 2024 으로 2월(2) 2025