What changed in this filing

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Item 1. Legal Proceedings

2026-08-13 compared with 2026-05-13 · 106 added, 202 removed, 28 unchanged (92% of the section changed)

LEGAL PROCEEDINGS.

of March 31, 2026, the Company involved with various legal proceedings:

CACV 1116/2025

(on appeal from HCA702/2018)

March 27, 2018, the writ of summons was issued against the Company and seven related companies of the former shareholder (the “Defendants”)

by the Plaintiff.

As of June 30, 2026, the Company involved with various legal proceedings:

(i) Action Case:

CACV 1116/2025 (on appeal from HCA702/2018)

On March 27, 2018, the writ of summons was issued against the Company and seven related companies of the former shareholder (the “Defendants”) by the Plaintiff.

This action alleged the infringement of certain registered trademarks currently registered under the Plaintiff.

February 23, 2023, the Court granted leave for this action be set down for trial of 13 days, and the trial will commence on November

On February 23, 2023, the Court granted leave for this action be set down for trial of 13 days, and the trial will commence on November 25, 2024.

On October 31, 2025, the Court granted judgement in favor of the Plaintiff.

On November 28, 2025, the Defendants lodged and

served the Notice of Appeal (CACV 1116/2025) to the Court of Appeal.

On November 28, 2025, the Defendants lodged and served the Notice of Appeal (CACV 1116/2025) to the Court of Appeal.

Legal counsel of the Company will continue to handle in this matter.

At this stage in the proceedings, it is unable to determine the probability of the outcome of the appeal or the range of reasonably possible

loss as the Court is in the process of quantifying the amount of damages.

April 30, 2019, the writ of summons was issued against the Company’s subsidiary, three related companies and the former directors,

stockholders and financial consultant by the Plaintiff.

This action alleged the deceit and misrepresentation from an inducement of the

fund subscription and claimed for compensatory damage of approximately $2.6 million.

On April 18, 2024, the court made an order that

the plaintiff shall set the case down for trial on or before July 6, 2024 for a 7 days trial before a judge and there shall be a pre-trial

review before the trial judge on a date 12 weeks before the trial.

The plaintiff and the defendants agreed on a time extension until

August 8, 2024 to set the case down for trial.

On August 9, 2024, the Court made an order that the case be adjourned to January 14, 2025

for another case management conference.

On February 17, 2025, the Company filed an amended defence to the court and the next case management

conference is fixed to be heard on January 6, 2026.

At this stage in the proceedings, it is unable to determine the probability of the outcome of the appeal or the range of reasonably possible loss as the Court is in the process of quantifying the amount of damages.

(ii) Action Case:

On April 30, 2019, the writ of summons was issued against the Company’s subsidiary, three related companies and the former directors, stockholders and financial consultant by the Plaintiff.

This action alleged the deceit and misrepresentation from an inducement of the fund subscription and claimed for compensatory damage of approximately $2.6 million.

On April 18, 2024, the court made an order that the plaintiff shall set the case down for trial on or before July 6, 2024 for a 7 days trial before a judge and there shall be a pre-trial review before the trial judge on a date 12 weeks before the trial.

The plaintiff and the defendants agreed on a time extension until August 8, 2024 to set the case down for trial.

On August 9, 2024, the Court made an order that the case be adjourned to January 14, 2025 for another case management conference.

On February 17, 2025, the Company filed an amended defence to the court and the next case management conference is fixed to be heard on January 6, 2026.

The case is on-going and parties have yet to attempt mediation.

Legal counsel of

the Company will continue to handle this matter.

At this stage in the proceedings, it is unable to determine the probability of the outcome

of the matter or the range of reasonably possible loss, if any.

and 2098/2020

December 15, 2020, the writs of summons were issued against the Company and the former consultant by the Plaintiff.

This action alleged

the misrepresentation and conspiracy causing the loss from the investment in corporate bond and claimed for compensatory damage of approximately

$1.7 million.

Legal counsel of the Company will continue to handle this matter.

At this stage in the proceedings, it is unable to determine the probability of the outcome of the matter or the range of reasonably possible loss, if any.

(iii) Action Case:

HCA2097 and 2098/2020

On December 15, 2020, the writs of summons were issued against the Company and the former consultant by the Plaintiff.

This action alleged the misrepresentation and conspiracy causing the loss from the investment in corporate bond and claimed for compensatory damage of approximately $1.7 million.

The Company previously made approximately $0.8 million as contingency loss for the year ended December 31, 2021.

participated in a mediation held on March 25, 2022 and negotiated for settlement through without prejudice correspondence, no settlement

Parties participated in a mediation held on March 25, 2022 and negotiated for settlement through without prejudice correspondence, no settlement was reached.

The pre-trial review is fixed to be heard on January 29, 2026 and the 6-days trial is fixed to be heard from May 14 to 21, 2026.

The case is on-going and legal counsel of the Company will continue to handle this matter.

As of March 31, 2026, the Company accrued

a legal provision of approximately $0.8 million as a liability in the condensed consolidated balance sheets.

Sony Music Entertainment

connection with the Merger Transaction, the Company assumed the liabilities of Triller Corp, including the legal contingency accrual

stemming from the litigation with Sony Music Entertainment (“Sony”) alleging claims for breach of contract, copyright infringement,

contributory copyright infringement, and vicarious copyright infringement.

The court entered judgement pursuant to stipulation in the

amount of approximately $3.6 million requiring Triller Corp to make monthly payments through May 21, 2025.

Triller Corp defaulted on

the payments and judgement was entered against Triller Corp on August 27, 2024 for the full amount due.

As of March 31, 2026, approximately

$3.6 million is included as a liability in the condensed consolidated balance sheets.

Sony Music Publishing

Europe Limited (“SOLAR”)

In connection with the Merger Transaction, the Company assumed the

liabilities of Triller Corp, including the legal contingency accrual stemming from the complaint filed by SOLAR in the London, United

Kingdom Circuit Common Court alleging claims of songwriter/producer music publishing rights infringement.

A default judgement for $5.4

million was ruled in SOLAR’s favor and SOLAR filed an action in the Superior Court of California for the County of Los Angeles for

recognition of this foreign country money judgment in the amount of approximately $5.4 million.

As of March 31, 2026, this amount is included

as a liability in the condensed consolidated balance sheets.

Music Licensing

Triller Corp has outstanding contractual obligations to various record

labels, music publishers and performing rights organizations (collectively, “Rightsholders”) who have licensed to Triller

Corp the right to use sound recordings and musical compositions in connection with the operation of the Triller app and other aspects

of the Company’s business.

As of March 31, 2026, the Company has recorded liabilities in the amount of approximately $30.0 million

for unpaid amounts owed under its music licenses.

Triller Corp is also involved in various legal proceedings and has received threats

of litigation from Rightsholders.

Triller Corp believes it may be or become liable to Rightsholders for additional amounts such as interest,

penalty fees, attorneys’ fees, copyright infringement damages and other amounts, but is currently unable to estimate the probability

of loss associated with these actions or the range or reasonably possible losses, if any, or the impact such losses may have on the Company’s

results of operations, financial condition or cash flows.

Fox Plaza Lease

connection with the Merger Transaction, the Company assumed the liabilities of Triller Corp, including the legal contingency accrual

stemming from the ongoing litigation with Fox Plaza, LLC due to an alleged breach of a commercial office lease agreement as a result

of an alleged failure to pay rents under the agreement.

The plaintiff seeks damages in excess of approximately $3.5 million, plus attorney’s

fees, costs of suit, and additional damages to be proven at trial.

As of June 30, 2026, the Company accrued a legal provision of approximately $0.8 million as a liability in the unaudited condensed consolidated balance sheets.

(iv) Sony Music Entertainment

In connection with the Merger Transaction, the Company assumed the liabilities of Triller Corp, including the legal contingency accrual stemming from the litigation with Sony Music Entertainment (“Sony”) alleging claims for breach of contract, copyright infringement, contributory copyright infringement, and vicarious copyright infringement.

The court entered judgement pursuant to stipulation in the amount of approximately $3.6 million requiring Triller Corp to make monthly payments through May 21, 2025.

Triller Corp defaulted on the payments and judgement was entered against Triller Corp on August 27, 2024 for the full amount due.

As of June 30, 2026, approximately $3.6 million is included as a liability in the unaudited condensed consolidated balance sheets.

(v) Sony Music Publishing Europe Limited (“SOLAR”)

In connection with the Merger Transaction, the Company assumed the liabilities of Triller Corp, including the legal contingency accrual stemming from the complaint filed by SOLAR in the London, United Kingdom Circuit Common Court alleging claims of songwriter/producer music publishing rights infringement.

A default judgement for $5.4 million was ruled in SOLAR’s favor and SOLAR filed an action in the Superior Court of California for the County of Los Angeles for recognition of this foreign country money judgment in the amount of approximately $5.4 million.

As of June 30, 2026, this amount is included as a liability in the unaudited condensed consolidated balance sheets.

(vi) Music Licensing

Triller Corp has outstanding contractual obligations to various record labels, music publishers and performing rights organizations (collectively, “Rightsholders”) who have licensed to Triller Corp the right to use sound recordings and musical compositions in connection with the operation of the Triller app and other aspects of the Company’s business.

As of June 30, 2026, the Company has recorded liabilities in the amount of approximately $30.0 million for unpaid amounts owed under its music licenses.

Triller Corp is also involved in various legal proceedings and has received threats of litigation from Rightsholders.

Triller Corp believes it may be or become liable to Rightsholders for additional amounts such as interest, penalty fees, attorneys’ fees, copyright infringement damages and other amounts, but is currently unable to estimate the probability of loss associated with these actions or the range or reasonably possible losses, if any, or the impact such losses may have on the Company’s results of operations, financial condition or cash flows.

(vii) Fox Plaza Lease

In connection with the Merger Transaction, the Company assumed the liabilities of Triller Corp, including the legal contingency accrual stemming from the ongoing litigation with Fox Plaza, LLC due to an alleged breach of a commercial office lease agreement as a result of an alleged failure to pay rents under the agreement.

The plaintiff seeks damages in excess of approximately $3.5 million, plus attorney’s fees, costs of suit, and additional damages to be proven at trial.

Triller Corp intends to vigorously defend itself in this matter.

Company has accrued approximately $1.8 million as a liability pertaining to this claim on the condensed consolidated balance sheets.

The Company has accrued approximately $1.8 million as a liability pertaining to this claim on the condensed consolidated balance sheets.

It is reasonably possible that the potential loss may exceed the accrued liability amount.

Concentrix Daksh

In connection with the Merger Transaction, the Company assumed the

liabilities of Triller Corp, including the legal contingency accrual stemming from the arbitration with Concentrix Daksh Services India

(viii) Concentrix Daksh

In connection with the Merger Transaction, the Company assumed the liabilities of Triller Corp, including the legal contingency accrual stemming from the arbitration with Concentrix Daksh Services India Private Ltd.

(“Concentrix”).

Concentrix alleges wrongful early termination of a services agreement and seeks damages of approximately

$2.0 million in lost profits, plus interest and fees.

The Company has accrued approximately $2.0 million as a liability pertaining to

While the Company intends to defend the claim vigorously, management believes the recorded amount represents the probable

loss as of March 31, 2026.

Epic Sports & Entertainment

In connection with the Merger Transaction, the Company assumed the

liabilities of Triller Hold Co LLC and Triller Fight Club LLC related to litigation with Epic Sports & Entertainment, Inc.

for alleged breach of a settlement agreement.

Epic initially claimed damages of approximately $1.8 million, and recent settlement discussions

indicate a potential settlement range of approximately $0.6 to $2.0 million.

As of March 31, 2026, the Company accrued a legal provision

of approximately $1.9 million as a liability in the condensed consolidated balance sheets.

Samsung Arbitration

In connection with the Merger Transaction, the Company assumed the

liabilities of Triller Corp, including the legal contingency accrual stemming from the arbitration with Samsung Electronics Co., Ltd due

to a breach of a commercial agreement and failure to pay the amounts owed under the contract.

District Court for the Central

District of California confirmed the award and entered a judgment of approximately $2.6 million in May 2024, accruing interest at $368.43

per day, at a rate of 5.17% per annum until repaid.

A writ of execution was issued on August 2, 2024, and a Judgment Debtor Examination

is scheduled for February 24, 2025.

Concentrix alleges wrongful early termination of a services agreement and seeks damages of approximately $2.0 million in lost profits, plus interest and fees.

The Company has accrued approximately $2.0 million as a liability pertaining to this matter.

While the Company intends to defend the claim vigorously, management believes the recorded amount represents the probable loss as of June 30, 2026.

(ix) Epic Sports & Entertainment

In connection with the Merger Transaction, the Company assumed the liabilities of Triller Hold Co LLC and Triller Fight Club LLC related to litigation with Epic Sports & Entertainment, Inc.

(“Epic”) for alleged breach of a settlement agreement.

Epic initially claimed damages of approximately $1.8 million, and recent settlement discussions indicate a potential settlement range of approximately $0.6 to $2.0 million.

As of June 30, 2026, the Company accrued a legal provision of approximately $1.9 million as a liability in the unaudited condensed consolidated balance sheets.

(x) Samsung Arbitration Award

In connection with the Merger Transaction, the Company assumed the liabilities of Triller Corp, including the legal contingency accrual stemming from the arbitration with Samsung Electronics Co., Ltd due to a breach of a commercial agreement and failure to pay the amounts owed under the contract.

District Court for the Central District of California confirmed the award and entered a judgment of approximately $2.6 million in May 2024, accruing interest at $368.43 per day, at a rate of 5.17% per annum until repaid.

A writ of execution was issued on August 2, 2024, and a Judgment Debtor Examination is scheduled for February 24, 2025.

The Company provided financial records in December 2024 in response to a subpoena.

As of March 31,

2026, the Company accrued approximately $3.0 million as a liability in the condensed consolidated balance sheets.

Prem Parameswaren

In connection with the Merger Transaction, the Company assumed potential

liabilities related to claims asserted by Prem Parameswaran, the former Chief Executive Officer of Triller Corp for alleged unpaid compensation.

To avoid litigation, the parties reached an agreement in principle for a settlement consisting of $500,000 in cash and 625,000 stock units,

subject to approval by AGBA Group Holding Limited.

As of March 31, 2026, the Company has accrued approximately $0.5 million as a liability

pertaining to this matter, representing the probable settlement amount.

Triller Legacy, LLC

Settlement Agreement

On July 26, 2024, Triller Hold Co, LLC and Triller Acquisition, LLC

entered into a settlement agreement with Triller Legacy, LLC (“Legacy”), original sellers of Triller Corp, regarding the 2019

acquisition of Triller Corp from Legacy.

As of June 30, 2026, the Company accrued approximately $3.0 million as a liability in the unaudited condensed consolidated balance sheets.

(xi) Prem Parameswaren

In connection with the Merger Transaction, the Company assumed potential liabilities related to claims asserted by Prem Parameswaran, the former Chief Executive Officer of Triller Corp for alleged unpaid compensation.

To avoid litigation, the parties reached an agreement in principle for a settlement consisting of $500,000 in cash and 625,000 stock units, subject to approval by AGBA Group Holding Limited.

As of June 30, 2026, the Company has accrued approximately $0.5 million as a liability in the unaudited condensed consolidated balance sheets.

(xii) Triller Legacy, LLC Settlement Agreement

On July 26, 2024, Triller Hold Co, LLC and Triller Acquisition, LLC entered into a settlement agreement with Triller Legacy, LLC (“Legacy”), original sellers of Triller Corp, regarding the 2019 acquisition of Triller Corp from Legacy.

The Company agreed to issue 3.89 million shares of Series A common stock to Legacy.

Legacy intends

to sell 1.75 million shares for a minimum return of approximately $7.0 million by the end of September 30, 2025.

The Company must compensate

Legacy for any shortfall of share sales below $7.0 million.

The Company has the option to purchase up to 1.75 million shares from Legacy

at $4.00 per share through December 31, 2024 and $4.75 per share through September 30, 2025.

The Company can also opt to pay Legacy $7.0

Legacy intends to sell 1.75 million shares for a minimum return of approximately $7.0 million by the end of September 30, 2025.

The Company must compensate Legacy for any shortfall of share sales below $7.0 million.

The Company has the option to purchase up to 1.75 million shares from Legacy at $4.00 per share through December 31, 2024 and $4.75 per share through September 30, 2025.

The Company can also opt to pay Legacy $7.0 million.

The Company has included the estimated guaranteed payment liability in its accounts payable and legal contingencies.

of March 31, 2026, the Company has accrued approximately $7.0 million as a liability in the condensed consolidated balance sheets.

Bobby Sarnevesht

The Company is subject to claims asserted by Bobby Sarnevesht for alleged

breach of a merger agreement and related contracts.

As of June 30, 2026, the Company has accrued approximately $7.0 million as a liability in the unaudited condensed consolidated balance sheets.

(xiii) Bobby Sarnevesht

The Company is subject to claims asserted by Bobby Sarnevesht for alleged breach of a merger agreement and related contracts.

The Company disputes the claims and the matter remains unresolved.

As of March 31,

2026, the Company has accrued approximately $8.7 million as a liability pertaining to this dispute, which represents management’s

best estimate of the probable loss.

YA II PN, LTD.

As of March 31, 2026, the Company has accrued approximately $8.7 million as a liability pertaining to this dispute, which represents management’s best estimate of the probable loss.

(xiv) YA II PN, LTD.

Triller Group Inc.;

Triller Corp.;

1 unchanged sentence

Convoy Global Holdings Limited, Index No.

659314/2024 in the New York Supreme Court,

Commercial Division

November 26, 2024, Yorkville (“Plaintiff”) initiated litigation against the Company, Triller Corp., Triller Hold Co LLC,

and Convoy Global Holdings Limited (“Defendants”) by filing a motion for summary judgment in lieu of a complaint pursuant

to NY CPLR 3213 (the “Motion”), seeking a judgment finding Defendants liable for all amounts allegedly owed under the convertible

promissory note (the “Note”), dated June 28, 2024, including interest, plus costs, legal fees, and expenses incurred by Yorkville

in enforcing the Note’s terms.

On February 24, 2025, Defendants filed their opposition to the Motion, arguing that the Motion should

be denied because Plaintiff’s reliance on CPLR 3213 was improper and because, even if Plaintiff’s reliance on CPLR 3213 were

proper, triable disputes of fact preclude summary judgment in Plaintiff’s favor.

On March 7, 2025, Plaintiff filed a reply in support

of the Motion.

On May 19, 2025, Yorkville’s initial motion for summary judgment in lieu of complaint, seeking immediate payment,

was denied by the Supreme Court of the State of New York, New York County.

The court determined that Yorkville’s right to payment

depended on a detailed analysis of obligations under multiple intertwined documents, including the Yorkville Convertible Promissory Note,

Second A&R SEPA, Registration Rights Agreement, and Pledge Agreements, thus converting the case to a plenary action.

Yorkville filed

a notice of appeal on May 28, 2025 and a new motion for summary judgment on July 1, 2025, asserting the Yorkville Convertible Promissory

Note’s maturity date of June 28, 2025 (the “Maturity Date”).

June 20, 2025, the Company transferred 3,000,000 shares of common stock of BKFC, previously pledged by Triller Hold Co LLC as collateral

pursuant to the Amended and Restated Pledge Agreement, dated June 28, 2024, between Triller Hold Co LLC and Yorkville, as partial repayment.

659314/2024 in the New York Supreme Court, Commercial Division

On November 26, 2024, Yorkville (“Plaintiff”) initiated litigation against the Company, Triller Corp., Triller Hold Co LLC, and Convoy Global Holdings Limited (“Defendants”) by filing a motion for summary judgment in lieu of a complaint pursuant to NY CPLR 3213 (the “Motion”), seeking a judgment finding Defendants liable for all amounts allegedly owed under the convertible promissory note (the “Note”), dated June 28, 2024, including interest, plus costs, legal fees, and expenses incurred by Yorkville in enforcing the Note’s terms.

On February 24, 2025, Defendants filed their opposition to the Motion, arguing that the Motion should be denied because Plaintiff’s reliance on CPLR 3213 was improper and because, even if Plaintiff’s reliance on CPLR 3213 were proper, triable disputes of fact preclude summary judgment in Plaintiff’s favor.

On March 7, 2025, Plaintiff filed a reply in support of the Motion.

On May 19, 2025, Yorkville’s initial motion for summary judgment in lieu of complaint, seeking immediate payment, was denied by the Supreme Court of the State of New York, New York County.

The court determined that Yorkville’s right to payment depended on a detailed analysis of obligations under multiple intertwined documents, including the Yorkville Convertible Promissory Note, Second A&R SEPA, Registration Rights Agreement, and Pledge Agreements, thus converting the case to a plenary action.

Yorkville filed a notice of appeal on May 28, 2025 and a new motion for summary judgment on July 1, 2025, asserting the Yorkville Convertible Promissory Note’s maturity date of June 28, 2025 (the “Maturity Date”).

On June 20, 2025, the Company transferred 3,000,000 shares of common stock of BKFC, previously pledged by Triller Hold Co LLC as collateral pursuant to the Amended and Restated Pledge Agreement, dated June 28, 2024, between Triller Hold Co LLC and Yorkville, as partial repayment.

The case does not have a trial date set.

Defendants intend to litigate the case until a resolution is reached.

December 3, 2025, the Plaintiff filed responses and objections (the “Responses and Objections”) to the Defendants’

first set of interrogatories dated November 3, 2025 to the Supreme Court of the State of New York County of New York (Index no.:

On December 3, 2025, the Plaintiff filed responses and objections (the “Responses and Objections”) to the Defendants’ first set of interrogatories dated November 3, 2025 to the Supreme Court of the State of New York County of New York (Index no.:

659314/2024).

Pursuant to the Responses and Objections, the Plaintiff stated its claims and contentions with respect to its damage resulting from the

event of default that occurred under the Note when the Defendants failed to pay all amounts due by the Maturity Date.

The total amount

owed under the Note, including interest, plus costs, legal fees, and expenses incurred by Yorkville less the value of BKFC’s shares

is approximately $38.1 million.

Yorkville further stated that it continues to accrue additional damages with each passing day that the

obligations under the Note and guaranties remain unpaid.

The case is on-going and legal counsel of the Company will continue to handle

At this stage in the proceedings, it is unable to determine the probability of the outcome of the matter or the range of

reasonable possible loss, if any.

13080 Advisors LLC v.

Pursuant to the Responses and Objections, the Plaintiff stated its claims and contentions with respect to its damage resulting from the event of default that occurred under the Note when the Defendants failed to pay all amounts due by the Maturity Date.

The total amount owed under the Note, including interest, plus costs, legal fees, and expenses incurred by Yorkville less the value of BKFC’s shares is approximately $38.1 million.

Yorkville further stated that it continues to accrue additional damages with each passing day that the obligations under the Note and guaranties remain unpaid.

The case is on-going and legal counsel of the Company will continue to handle this matter.

At this stage in the proceedings, it is unable to determine the probability of the outcome of the matter or the range of reasonable possible loss, if any.

(xv) 13080 Advisors LLC v.

Triller Group, Inc., Jams Reference No.

5220008039 (Los Angeles County, California)

December 18, 2024, 13080 Advisors LLC (“Claimant”) submitted a Notice of Arbitration and Demand for Arbitration (“13080

Arbitration Demand”) to JAMS to assert that Triller and TAG Holdings Limited (collectively as “Respondents”) have breached

their alleged duties to Claimant under the following alleged agreements:

(1) a partially executed document entitled “Grant Agreement

for S-8 Registered Shares” dated March 14, 2024, and (2) a partially executed document entitled “Consulting Services Agreement”

also dated March 14, 2024.

On December 18, 2024, 13080 Advisors LLC (“Claimant”) submitted a Notice of Arbitration and Demand for Arbitration (“13080 Arbitration Demand”) to JAMS to assert that Triller and TAG Holdings Limited (collectively as “Respondents”) have breached their alleged duties to Claimant under the following alleged agreements:

(1) a partially executed document entitled “Grant Agreement for S-8 Registered Shares” dated March 14, 2024, and (2) a partially executed document entitled “Consulting Services Agreement” also dated March 14, 2024.

The 13080 Arbitration Demand asserts four purported claims for relief:

breach of contract, negligent misrepresentation,

specific performance and declaratory relief.

On February 18, 2025, Respondents submitted to JAMS a motion to dismiss all the claims for

relief asserted in the 13080 Arbitration Demand along with a motion to strike Claimant’s requests for punitive damages.

remains pending and no arbitrator has been appointed.

The case is on-going and legal counsel of the Company will continue to handle this

At this stage in the proceedings, it is unable to determine the probability of the outcome of the matter or the range of reasonable

possible loss, if any.

Diamond Jr.et

breach of contract, negligent misrepresentation, specific performance and declaratory relief.

On February 18, 2025, Respondents submitted to JAMS a motion to dismiss all the claims for relief asserted in the 13080 Arbitration Demand along with a motion to strike Claimant’s requests for punitive damages.

This motion remains pending and no arbitrator has been appointed.

The case is on-going and legal counsel of the Company will continue to handle this matter.

At this stage in the proceedings, it is unable to determine the probability of the outcome of the matter or the range of reasonable possible loss, if any.

(xvi) Robert E.

Diamond Jr.et al.

Triller Group, Inc., Case No.

25-cv-00129 (PAE) (S.D.N.Y.)

January 7, 2025, Robert E.

Diamond Jr (“Diamond”), the former chairman of Triller’s board of directors and Atlas Merchant

Capital LLC (collectively as “Plaintiffs”), an advisory services company under Diamond’s control filed a lawsuit in

federal district court in Manhattan, New York to allege that Triller has failed to pay over or grant to Plaintiffs certain cash amounts

and equity awards to which Plaintiffs were entitled pursuant to various agreements between Plaintiffs and Triller.

Plaintiffs claim that

they are entitled to over $5.0 million in cash compensation and over 6.0 million shares of Triller’s common stock.

28, 2025, Triller filed a partial motion to dismiss the scope of Plaintiffs’ claims.

This motion is now pending before the court.

The case is on-going and legal counsel of the Company will continue to handle this matter.

At this stage in the proceedings, it is unable

to determine the probability of the outcome of the matter or the range of reasonable possible loss, if any.

On February 16, 2026, a writ of summons was served

on the Company by the plaintiff, Singway (B.V.I.) Company Limited, in connection with an alleged breach of a tenancy agreement relating

to commercial premises located on the 3 rd floor of Hopewell Centre in Hong Kong.

The claim includes, among other things, recovery

of vacant possession, arrears of rental payments, other outstanding charges, interest and damages in an aggregated amount of approximately

$42.9 million.

On January 7, 2025, Robert E.

Diamond Jr (“Diamond”), the former chairman of Triller’s board of directors and Atlas Merchant Capital LLC (collectively as “Plaintiffs”), an advisory services company under Diamond’s control filed a lawsuit in federal district court in Manhattan, New York to allege that Triller has failed to pay over or grant to Plaintiffs certain cash amounts and equity awards to which Plaintiffs were entitled pursuant to various agreements between Plaintiffs and Triller.

Plaintiffs claim that they are entitled to over $5.0 million in cash compensation and over 6.0 million shares of Triller’s common stock.

On February 28, 2025, Triller filed a partial motion to dismiss the scope of Plaintiffs’ claims.

On June 10, 2026, the Company received a Supplemental Order from the District Court of Southern District of New York ordering the Company to issue 5,950,705 shares of common stock, or 595,070 shares of common stock after giving effect to the 1-for-10 reverse stock split, to the Plaintiffs within five business days.

(xvii) Action Case:

On February 16, 2026, a writ of summons was served on the Company by the plaintiff, Singway (B.V.I.) Company Limited, in connection with an alleged breach of a tenancy agreement relating to commercial premises located on the 3 rd floor of Hopewell Centre in Hong Kong.

The claim includes, among other things, recovery of vacant possession, arrears of rental payments, other outstanding charges, interest and damages in an aggregated amount of approximately $42.9 million.

The Company is going to file and serve its defence and counterclaim on or before April 29, 2026.

Legal counsel of the Company

will continue to handle this matter.

As of March 31, 2026, the Company has accrued approximately $42.9 million as a liability pertaining

to this dispute, which represents management’s best estimate of the probable loss.

Legal counsel of the Company will continue to handle this matter.

As of June 30, 2026, the Company has accrued approximately $42.9 million as a liability pertaining to this dispute, which represents management’s best estimate of the probable loss.

RISK FACTORS.

smaller reporting company we are not required to make disclosures under this Item.

As smaller reporting company we are not required to make disclosures under this Item.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Legal Proceedings