AGBA completes $5.13M PIPE at premium; Group President contributes 53%

Triller Group Inc.

Gross proceeds ~$5.13M from 7,349,200 ordinary shares and warrants for 1,469,840 shares at $0.70/unit.
Warrants exercisable at $1.00/share, starting 6 months after issuance for 5 years.
Group President Wing-Fai Ng contributes 53% of the PIPE; price is a premium to market.
Securities sold under Section 4(a)(2)/Reg D; not registered, subject to registration rights.

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Triller Group Inc. entered into PIPE with certain accredited investors valued at $5,128,960 (effective 2024-02-15).

Action: entry
Agreement: equity purchase
Counterparty: certain accredited investors
Value: $5,128,960
Effective: 2024-02-15

Exact text from the filing

On February 15, 2024, the Company has completed the execution of the PIPE term sheets and anticipates to receive the full gross proceeds of approximately $5,128,960 at the closing of PIPE, in consideration of (i) 7,349,200 Ordinary Shares, and (ii) Warrants to purchase up to 1,469,840 Ordinary Shares at a purchase price of $0.70 per Ordinary Share and associated Warrant.

View on SEC.gov

269 material agreements filed in the last 30 days. Browse all material agreements →

Triller Group Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-014340

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.