AGBA Group Holding Limited (Nasdaq: AGBA) (“AGBA” or the “Company”) and Triller Corp. (“Triller”), today announced that their merger is expected to close on Monday, October 14, 2024 subject to final Nasdaq approval. 

NEW YORK, NY / LOS ANGELES, CA, Oct. 11, 2024 — AGBA, a multi-channel business platform delivering first-class financial services through machine-learning technologies, and Triller, a next generation, AI-powered, social media and live-streaming event platform, announced that all merger preparations are complete. The merger is anticipated to be finalized on or around October 14, 2024, pending final Nasdaq approval.

This merger represents the next step in the shared strategic visions of AGBA and Triller within the digital economy. The combined entity of AGBA and Triller will accelerate innovation, pave the way for rapid growth, and expand the company’s global market presence, ultimately delivering exceptional value to all stakeholders.

Supported by a stable shareholder base composed of globally renowned investors, a distinguished board, and a strong leadership team, there is a unique opportunity to grow and elevate a diverse range of businesses. These businesses include Triller’s social media platform, poised for rapid user growth; BKFC, the world’s fastest growing combat league; TrillerTV, streaming over 3,000 live events annually to households worldwide; and a collection of innovative AI and SaaS tools already utilized by top creators and global brands across all major social media platforms.

The merger process completion will involve a reverse AGBA stock split to maintain compliance with Nasdaq regulations in conjunction with the merger. This reverse split is scheduled to become effective after the close of business on or about October 14, 2024.

Subject to final Nasdaq approval of the merger, the Company anticipates that shares will begin trading on a split-adjusted basis under the new symbol ILLR on Nasdaq on or about October 15, 2024.

In the event that the reverse stock split results in any stockholders being entitled to a fractional share, any such fractional share will be rounded up to the nearest whole share. The reverse stock split will reduce the outstanding ordinary shares by a 4 to 1 ratio. This reverse stock split will not alter the overall value of a stockholder’s investment; the value of an investor’s holdings remains unchanged at the time of the split.

The exercise prices for, and the shares underlying, all outstanding warrants related to AGBA and Triller will be adjusted in accordance with the terms of such warrant instruments to reflect the successive stock splits. The Company will provide information on the updated exercise price immediately following the completion of the merger and reverse stock split.

The latest press release is available on the company’s website, please visit: .

About AGBA        
Established in 1993, AGBA Group Holding Limited (Nasdaq: “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

About Triller Corp.        
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; FITE, a premier global PPV, AVOD, and SVOD streaming service; and Thuzio, a leader in B2B premium influencer events and experiences.

For more information, visit

Investor Relations:        
Bethany Lai

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 . The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

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