AGBA Group Holding Limited Ordinary Share - AGBA STOCK NEWS

AGBA Group Holding (Nasdaq: AGBA) and Triller Corp. have announced the final steps towards completing their merger. Key points include:

• Nasdaq approval for the merger was received on October 11, 2024
• The merger is expected to be completed on October 15, 2024
• A 1-for-4 reverse stock split will take effect on October 15, 2024, to comply with Nasdaq rules
• Combined company shares will begin trading on a split-adjusted basis on October 16, 2024

The merger aims to accelerate innovation, drive rapid growth, and expand the combined company's global market presence. AGBA, established in 1993, is a multi-channel business platform offering financial services and healthcare products. Triller Corp. is an AI-powered social media and live-streaming event platform for creators.

AGBA Group Holding (Nasdaq: AGBA) and Triller Corp. have announced that their merger is expected to close on October 14, 2024, subject to final Nasdaq approval. This merger represents a significant step in their strategic visions for the digital economy, aiming to accelerate innovation, drive rapid growth, and expand global market presence.

The combined company will encompass Triller's social media platform, BKFC (the world's fastest-growing combat league), TrillerTV, and a suite of AI and SaaS tools. As part of the merger process, AGBA will implement a 4-to-1 reverse stock split to comply with Nasdaq rules. Trading under the new symbol ILLR is anticipated to begin on or about October 15, 2024.

AGBA Group Holding (Nasdaq: AGBA) announced the results of its extraordinary general meeting held on September 19, 2024. Shareholders approved all proposals, moving AGBA's merger with Triller Corp. to its final stage. Key approvals include:

1. Re-domiciling AGBA in Delaware and renaming it to Triller Group Inc.
2. Amended merger agreement with Triller Corp.
3. Revised Charter Amendment
4. Post-merger ownership structure: 70% for Triller Corp. stakeholders, 30% for current AGBA shareholders
5. Authorization for a reverse share split

The merger is expected to close soon, pending final Nasdaq listing approval for Triller Group Inc. This marks a significant step in AGBA's transformation and positioning within the technology and social media industries.

AGBA Group Holding (Nasdaq: AGBA) and Triller Corp. have announced an amended and restated merger agreement. Upon closing, the combined companies will trade on Nasdaq as Triller Group Inc. under the ticker 'ILLR'. The merger will create a next-generation social media and entertainment platform powered by AI. Key points:

- AGBA will domesticate to the U.S. as a Delaware
- Triller will become a wholly owned subsidiary of AGBA Delaware Parent
- AGBA will issue 299,897,852 common shares and 37,702,230 preferred shares to Triller stockholders
- 54,020,128 shares reserved for restricted stock units
- 50,000,000 shares held in escrow for legal and financial obligations

The closing is subject to regulatory clearance and AGBA shareholder approval.

AGBA Group, a top-performing stock on Nasdaq in 2024, has entered an Amended and Restated Standby Equity Purchase Agreement with Yorkville and Triller. This strategic move aims to finalize the merger between AGBA and Triller, enhancing their financial capabilities and laying a foundation for future growth. This partnership reflects investor confidence, as evidenced by AGBA's recognition by Forbes as one of the top 10 best-performing stocks in 2024. The collaboration with Yorkville provides AGBA with flexibility and capital access, aligning with their strategic goals. AGBA is also gearing up to launch Triller’s next-generation social media and entertainment ecosystem, signaling further growth and innovation. For detailed information, refer to the Company's Report on Form 8-K filed with the SEC on July 5, 2024, or visit AGBA's website.

AGBA Group Holding filed a preliminary proxy statement on June 12, 2024, for its $4 billion merger with Triller Corp. This significant milestone indicates the merger is nearing completion. AGBA's Group President, Wing-Fai Ng, emphasized the team's dedication to developing Triller's next-generation social media and entertainment ecosystem. The team is also finalizing a new strategic plan and attracting global talent. For further information, refer to the preliminary proxy statement filed with the SEC.

AGBA Group Holding (NASDAQ: AGBA) announced significant progress on its proposed merger with Triller Corp. On May 16, 2024, Triller notified stockholders about the merger details, which were approved by over 63% of Triller's voting common stock on April 16, 2024. Triller withdrew its S-1 registration with the SEC on May 6, 2024, to focus fully on the merger. AGBA is preparing its preliminary proxy statement for the SEC, expected to be filed in early June 2024. Both companies are collaborating on updating business plans, budgets, and projections post-merger to leverage emerging market opportunities.

AGBA Group Holding (AGBA) has announced significant expansion plans and financial results for Q1 2024. Key aspects include the planned acquisition of Triller in the U.S. and the completed acquisition of Sony Life in Singapore. Upon finalizing the Triller acquisition, AGBA will relocate its headquarters to Los Angeles and will focus on four main areas: an AI-driven social video platform, creating engaging content, a tech-driven wealth management ecosystem, and investments in fintech. AGBA aims to become a global leader in tech and fintech, enhancing its market leadership and reputation as a premier financial supermarket.

AGBA Group Holding (AGBA) announced a $4 billion merger with Triller, focusing on creating shareholder value through strategic initiatives. The company regained compliance with Nasdaq's minimum bid price requirement, showing positive market performance. The merger aims to drive enhanced stakeholder value through integration efforts and synergies. AGBA's team remains motivated and confident in unlocking new growth opportunities.