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Agba Completes Merger With Triller
AGBA  AGBA (US:AGBA) GlobeNewswire News Room·2024-10-15 20:01

Core Viewpoint - AGBA Group Holding Limited has completed its merger with Triller Corp, resulting in a name change to Triller Group Inc, with trading expected to commence under new tickers on October 16, 2024 [1][3]. Group 1: Merger Details - The merger has resulted in former AGBA shareholders owning 30% and former Triller stockholders owning 70% of the combined company's outstanding common stock [4]. - The combined company's common stock and warrants will trade under the tickers "ILLR" and "ILLRW" on Nasdaq Capital Market [1]. Group 2: Leadership and Strategy - A statement regarding future leadership, strategy, and objectives will be made on October 22, 2024 [2]. Group 3: Company Background - AGBA Group Holding Limited, established in 1993, is a multi-channel business platform offering financial services and healthcare products through a tech-led ecosystem [5]. - Triller Corp. is an AI-powered social media and live-streaming platform that integrates music culture with sports and entertainment, utilizing proprietary AI technology to enhance content reach [6].