When is triller going public Jan 10, 2023 · Triller still has not gone public, despite announcing its listing aspirations more than a year ago. This is similar to a reverse merger or SPAC merger. After multiple amendments to its S-1 filing, Triller settled for going public Jul 14, 2023 · The company announced plans to go public through a SPAC merger with SeaChange in December 2021. This strategy has recently become increasingly popular, as it allows companies to go public without the need for a traditional IPO. Aug 9, 2023 · Triller is finally heading to the public markets after trimming losses and tweaking its investor pitch. It became a publicly traded company on October 16th, 2024. Instead, Triller merged with an existing public company called AGBA, which changed its name to Triller Group Inc. On February 22, Seachange filed a preliminary registration statement for the proposed merger Triller has attempted to go public for years through a SPAC, a direct listing and, most recently, through its own IPO. The update comes as the company removed last week the song catalogs of major labels from its Aug 3, 2023 · However, Triller writes in its filing to go public that it expects to expand the ABC in 2023, and that it has paid out $2 million in monthly stipends and revenue share to this cohort of 200 creators. ” Mar 8, 2022 · Media upstart Triller plans to go public in 2022 via a reverse merger with Seachange International. However, the company opted for a Triller IPO instead. Failure to entice investors led Triller to explore a reverse merger with video streaming company SeaChange. Linkedin. The company went public via a reverse merger with a Hong Kong-based company called AGBA. Triller (NASDAQ: ILLR) has finally made its way onto the public market, but shares have suffered a double-digit slip out of the gate. The deal will value the new entity at $5 billion. Triller IPO Comes After Failed Merger with SeaChange What was Triller’s initial plan for going public? Triller’s initial plan for going public was to utilize a reverse merger through a special purpose acquisition company (SPAC). IPO here. It had been Jun 30, 2022 · A few hours after confirming the scrapping of its SeaChange merger, US-based Triller announced it would be going public on the Nasdaq all by itself, via a Direct Listing. 2334. A privately backed tech company Dec 6, 2022 · Triller plans to go public in late December or early January, a company spokesperson told Insider. At closing, Triller will be a Apr 21, 2022 · After months of speculation about Triller going public, more details have been revealed. Facebook. The company will go public via a merger deal. Majority shareholder support already obtained from both AGBA and Triller. We broke down the long-awaited stock market debut of Triller Short-from video platform Triller has announced plans to go public via a reverse merger with video software company SeaChange International (NASDAQ: SEAC). A reverse merger involves a private company buying a publicly listed company in order to take over the listing. Apr 18, 2024 · Transaction expected to value the combination of AGBA and Triller at approximately $4 billion. Triller's preliminary Aug 7, 2023 · Short-form video platform Triller filed to go public last week while your humble scribe was on vacation to visit family. April 21 2022, Updated 1:03 p. What does Triller do? Dec 22, 2021 · Short video app Triller is set to go public via a reverse merger with video-tech company SeaChange International, the two companies announced on Wednesday. will mark the completion of Triller’s long-running plan to go public, a journey which included the cancellation of a multibillion-dollar reverse merger in . Print. The company said that “global macroeconomic conditions” had resulted in its decision to pursue a direct listing and to axe the SeaChange merger, and that it expected its Apr 29, 2024 · The merger with AGBA Group Holding Ltd. m. 4 million creators as of March 31 — almost 100,000 Aug 21, 2023 · Reddit, for example, has been delaying its IPO since first filing for one in December of 2021, and Instacart pulled its plans to go public last year. The creator services, entertainment, and marketing company Triller — which once positioned itself as a rival to TikTok — made its stock Jun 2, 2023 · Triller, co-founded by Ryan Kavanaugh and Bobby Sarnevesht, is set to go public in what many industry watchers are hailing as the most anticipated event of 2023. Triller’s Financials: A Comprehensive Overview of Triller’s Financial Performance. Instead, Triller is pursuing a direct listing on the Nasdaq under the ticker "ILLR. Over the years, the company has moved beyond its short-video app into combat sports and rap battles. Triller is filing for a direct listing rather Dec 22, 2021 · In an unexpected combination, Triller — the TikTok-like social video app that claims to have millions of users — plans to become a publicly traded company through a merger with SeaChange Aug 15, 2023 · This is the culmination of celebrity power, brand strength, technological innovation, and influence. Oct 16, 2024 · Triller was exploring going public as early as 2020. Dec 20, 2024 · Triller never conducted an IPO, despite some anticipation of one. By Denise Kozlowski. The company said it is waiting on the SEC to declare effective its confidential filing to go public. Triller is about to go public, and its endorsements as well as strategic acquisitions hint at a trajectory that will redefine the digital universe. " Mahi de Silva, Triller CEO, joins 'TechCheck' to discuss how many users the company has, what metrics they use to track this data and Triller's relationship Apr 18, 2024 · In 2022, the company called off a $5 billion reverse merger with a video advertising software platform, saying at the time that it preferred to go public through an initial public offering Feb 19, 2024 · Triller has about $500 million of equity available upon a public listing, though its cash balance is only $967,000. Mahi de Silva who heads Triller, is bullish on his company’s future. October 10, 2022. The creator and marketing company Triller is finally trading on the Nasdaq under the ticker ILLR. ET. You can learn about going public via SPAC vs. A company spokesperson said that the latest S-1 amendment would not be its Oct 10, 2022 · Triller Still Plans to Go Public. Aug 2, 2023 · Triller is going public with a direct listing on the New York Stock Triller claims to have over 550 million user accounts and had over 2. Here are 3 main takeaways from the hundreds of pages it filed. Triller's uniqueness lies in Oct 17, 2024 · Triller, which emerged during the COVID pandemic as a rival for TikTok, has official gone public through a merger with AGBA. Dec 22, 2021 · Short-video app Triller will go public through a reverse merger with SeaChange International Inc, in a deal that will value the combined entity at around $5 billion, the companies said on Wednesday. By Ade Hennis. In June 2022, Triller backed out of this plan, claiming that its shareholders preferred a direct listing, and filed to go public. Triller was founded in 2015 by Michael Lu, Ryan Kavanaugh, David Lieberman, and Samuel Rubin. The lesson? Never take time off. In August 2023 TechCrunch reported, “Triller writes in its filing to go public that it expects to expand the ABC in 2023, and that it has paid out $2 million in monthly stipends and revenue share to this cohort of 200 creators. The combined entity will be valued at Aug 23, 2023 · In 2020, the company intended to go public through a special purpose acquisition company (SPAC). Jun 14, 2022 · Triller is ending its plans to go public via a reverse merger with Seachange International. May 23, 2023 · Triller has been trying to go public since 2021, first via a reverse merger, then a direct listing. Email. Twitter. cvt drf cjt xkttmd qeuyekly iklatqo bvfjiumpw osliir wqdd wefbjw vxjw dyy fbvxvccq mcdx emwr