M&A
confidence high
sentiment neutral
materiality 0.75
AGBA and Triller amend merger deal: 441.6M shares consideration, ticker to ILLR, name change to Triller Group Inc.
Triller Group Inc.
- Total merger consideration of 441,620,209 shares of Delaware Parent Common Stock (including 50M escrow for Triller obligations).
- Common stockholders receive 299,897,852 shares; preferred stockholders receive 37,702,230 preferred shares; 54,020,128 RSUs converted.
- Upon closing, AGBA becomes Triller Group Inc., trades on Nasdaq under ticker ILLR.
- Lock-up: 165 days for common shares; 12 months for preferred shares with monthly conversion cap of 2%.
- Closing subject to regulatory clearance and AGBA shareholder approval; parties aim to close as soon as possible.