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Ipos overview

Triller Corp. ()


Company Overview

Proposed Symbol
Company Name Triller Corp.
Exchange
Share Price $
Employees 206 (as of 12/31/2023)
Status
Shares Offered
Offer amount $352,603,000
Shares Over Alloted
Company Address 2121 AVENUE OF THE STARS SUITE 2350 LOS ANGELES CA 90067
Company Phone 310-893-5090
Company Website www.trillerinc.com
CEO Bobby Sarnevesht
State of Inc
Fiscal Year End 12-31
Total Offering Expense $122,850.00
Shareholder Shares Offered
Shares Outstanding 4,497,314
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0001936037
DealId 1266558-107273

Company Description

Our mission is to build and amplify relationships between brands, creators and audiences to drive cultural experiences, content and commerce. Through our AI powered technology platform that spans user engagement, streaming and content, our goal is to create personalized and unforgettable experiences that delight and inspire people around the world. We are a global, artificial intelligence (“AI”) powered technology platform (“Technology Platform”) that serves a broad constituency of Creators and Brands around the world. “Creators” include influencers, artists, athletes, other individuals and public figures that utilize or have utilized our Technology Platform to create and publish content. Numerous famous Creators use our Technology Platform, including influencers like Charli D’Amelio and Bryce Hall and music artists like The Weeknd. “Brands” are companies, products or product lines which are active on our Technology Platform and utilize or have utilized one or more of our products or services offered through our Technology Platform (“Direct Brands”), or companies, products or product lines whose associated data we track, report on and make available to our clients as part of one or more of our product offerings (“Tracked Brands,” and collectively with Direct Brands, “Brands”). Brands that have utilized or continue to utilize our platform include McDonalds, Pepsi, Walmart, L’Oréal, Puma, Charmin and Major League Baseball. We help both Creators and Brands build relationships with their audiences to create awareness, drive content consumption, generate commerce and build culture. Our Triller app is a short-form video app similar to TikTok, Instagram Reels, YouTube shorts and other video apps that allow users to access both user generated and professionally generated content from Creators around the world. Since our inception, we have raised more than $420 million in capital and established more than 327 million Consumer Accounts on the Triller app, and a total of 436 million Consumer Accounts on our Technology Platform. “Consumer Accounts” are included when consumers create accounts on a Triller brand or owned property and also when we employ our Technology Platform to create accounts on behalf of our Brands and Creators. We define Consumer Accounts as the total number of individual Consumer Accounts recorded in databases across the Triller app, TrillerTV and BKFC (whether they are active or inactive on our Technology Platform) at or around the time of measurement, that we track and that are able to benefit from the services and features offered through our Technology Platform during the reported period. Users that simply accessed or viewed our content or partner content on our platform or any other social media platform are not included in the total number of Consumer Accounts above. Consumer Accounts that were created prior to acquisition by us are not included in the total number of Consumer Accounts above. Recently, we elected to take a proactive approach to the way in which we report our Consumer Accounts, which we believe is uncommon in our industry. While we believe that many social media companies include a significant number of “bot” accounts or “duplicate” accounts in their user metrics, we undertook a robust process to purge as many duplicate and bot accounts as practicable with our resources and in doing so we purged in excess of 200 million Consumer Accounts from our total user accounts metric. We have dramatically expanded our portfolio of offerings through organic growth and strategic acquisitions and have become a diversified Technology Platform for the creation, distribution, measurement and monetization of digital, live and virtual content. We also produce content under our own and third-party Brands, including trendsetting music, sports, lifestyle, fashion and entertainment media that creates cultural moments, attracts users to our offerings and drives social interaction that serves as a cultural wellspring across digital society. We operate within the global digital content marketplace, which is estimated to reach $577.4 billion in 2023 according to Statistica’s August 2023 report on worldwide digital media, and we focus our efforts on the $250 billion creator economy, as forecasted in a recent Goldman Sachs report on the creator economy. Goldman Sachs Research estimated the creator economy could reach $480 billion by 2027 in its April 2023 report titled “The creator economy could approach half-a-trillion dollars by 2027.” --- Triller Corp. was incorporated as Triller Inc. in June 2022 as a Delaware corporation. On March 30, 2023, we changed our name to Triller Corp. In connection with the Reorganization, Triller Reorg Merger Sub LLC, a wholly owned subsidiary of Triller Corp., will merge with and into Triller Hold Co LLC, with Triller Hold Co LLC surviving as a wholly owned subsidiary of Triller Corp. Our corporate headquarters are located at 7119 West Sunset Boulevard, Suite 782, Los Angeles, California 90046. Our telephone number is (310) 893-5090. Our principal website address is www.trillerinc.com.