{"success":true,"data":{"pressRelease":{"id":"73199","rtpr_id":"nGNE461crl","ticker":"ILLR","exchange":"NASDAQ","all_tickers":["ILLR"],"title":"Triller Group (Nasdaq: ILLR) to Acquire Significant SpaceX Position as a Strategic Treasury Asset","author":"Globe Newswire","published_at":"2026-06-25T12:30:00.247Z","article_body":"Transaction places SpaceX exposure directly on the Company’s balance sheet\nas a strategic treasury holding\n\nLOS ANGELES, June 25, 2026 (GLOBE NEWSWIRE) -- Triller Group Inc (Nasdaq:\nILLR; ILLRW) (“Triller” or the “Company”)  today announced that it\nhas entered into definitive agreements to acquire a significant position\nproviding economic exposure to SpaceX to be held as a strategic treasury asset\non the Company’s balance sheet.\n\nThe Company is acquiring the position — held through an established fund\nstructure — through a wholly-owned special-purpose subsidiary, financed\nthrough a secured financing arrangement. The position was established well\nahead of SpaceX’s public listing and is being acquired at a meaningful\ndiscount to its current market value.\n\n“This is a transformational step for our Company,” said Wing-Fai Ng, Group\nChief Executive Officer. “SpaceX is one of the most extraordinary companies\nof our generation, and we are securing meaningful exposure to it at a\ncompelling entry point and placing it at the very heart of our balance sheet.\nWe believe this fundamentally changes how investors should look at Triller,\nand we are proud to give our shareholders a stake in that story.”\n\nThe transaction establishes a dedicated SpaceX treasury position and positions\nTriller as one of the only Nasdaq-listed companies with disclosed,\nbalance-sheet SpaceX exposure. The financing is secured by the underlying\nposition, and the Company retains a portion of the position as treasury for\nthe benefit of its shareholders.\n\nThe Company expects the transaction to close in the coming days, subject to\nthe satisfaction of customary conditions, and intends to provide further\ndetail in its filings with the U.S. Securities and Exchange Commission\n(“SEC”).\n\nAbout Triller Group Inc.       \n\nTriller Group Inc. (Nasdaq: ILLR; ILLRW) is a technology and media company\noperating Triller App, a social media and live-streaming platform focused on\nmusic, sports, fashion and culture, together with AGBA Group, a Hong\nKong-based financial-services and platform business with longstanding\noperations in wealth distribution, healthcare and related services across\nAsia.\n\nSafe Harbor Statement\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995, including statements\nregarding resumption of trading on Nasdaq, the Company's ability to maintain\ntimely SEC periodic reporting and Nasdaq compliance, the effectiveness of its\nremediation measures, the anticipated benefits of resumed Nasdaq trading, and\nthe timing of future corporate updates. These statements are based on\nTriller’s current expectations and assumptions and involve risks and\nuncertainties that could cause actual results to differ materially, including\nrisks relating to the effects of the period of trading suspension and\nresumption of trading on Nasdaq, market conditions, the Company’s ability to\nexecute its monetization and operating plans, the availability of financing,\nthe identification, negotiation or completion of any acquisitions or other\nstrategic transactions, compliance with listing standards and reporting\nrequirements, legal or regulatory proceedings, and the other risks described\nin Triller’s SEC filings. The words “believe,” “estimate,”\n“anticipate,” “project,” “intend,” “expect,” “plan,”\n“outlook,” “scheduled,” “forecast” and similar expressions are\nintended to identify forward-looking statements.\n\nThe forward-looking statements contained in this press release speak only as\nof the date of its issuance. Except where required by applicable law, the\nCompany expressly disclaims a duty to provide updates to forward-looking\nstatements after the date of this press release to reflect subsequent events,\nchanged circumstances, changes in expectations, or the estimates and\nassumptions associated with them. The forward-looking statements in this press\nrelease are intended to be subject to the safe harbor protection provided by\nthe federal securities laws.\n\n# # #\n\nContact:\n\nBethany Lai, Investor Relations and Communications\n\nIR@agba.com","article_body_html":"","raw_payload":{"data":{"id":"nGNE461crl","title":"Triller Group (Nasdaq: ILLR) to Acquire Significant SpaceX Position as a Strategic Treasury Asset","author":"Globe Newswire","ticker":"ILLR","created":"2026-06-25T12:30:00.247Z","tickers":["ILLR"],"exchange":"NASDAQ","article_body":"Transaction places SpaceX exposure directly on the Company’s balance sheet\nas a strategic treasury holding\n\nLOS ANGELES, June 25, 2026 (GLOBE NEWSWIRE) -- Triller Group Inc (Nasdaq:\nILLR; ILLRW) (“Triller” or the “Company”)  today announced that it\nhas entered into definitive agreements to acquire a significant position\nproviding economic exposure to SpaceX to be held as a strategic treasury asset\non the Company’s balance sheet.\n\nThe Company is acquiring the position — held through an established fund\nstructure — through a wholly-owned special-purpose subsidiary, financed\nthrough a secured financing arrangement. The position was established well\nahead of SpaceX’s public listing and is being acquired at a meaningful\ndiscount to its current market value.\n\n“This is a transformational step for our Company,” said Wing-Fai Ng, Group\nChief Executive Officer. “SpaceX is one of the most extraordinary companies\nof our generation, and we are securing meaningful exposure to it at a\ncompelling entry point and placing it at the very heart of our balance sheet.\nWe believe this fundamentally changes how investors should look at Triller,\nand we are proud to give our shareholders a stake in that story.”\n\nThe transaction establishes a dedicated SpaceX treasury position and positions\nTriller as one of the only Nasdaq-listed companies with disclosed,\nbalance-sheet SpaceX exposure. The financing is secured by the underlying\nposition, and the Company retains a portion of the position as treasury for\nthe benefit of its shareholders.\n\nThe Company expects the transaction to close in the coming days, subject to\nthe satisfaction of customary conditions, and intends to provide further\ndetail in its filings with the U.S. Securities and Exchange Commission\n(“SEC”).\n\nAbout Triller Group Inc.       \n\nTriller Group Inc. (Nasdaq: ILLR; ILLRW) is a technology and media company\noperating Triller App, a social media and live-streaming platform focused on\nmusic, sports, fashion and culture, together with AGBA Group, a Hong\nKong-based financial-services and platform business with longstanding\noperations in wealth distribution, healthcare and related services across\nAsia.\n\nSafe Harbor Statement\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995, including statements\nregarding resumption of trading on Nasdaq, the Company's ability to maintain\ntimely SEC periodic reporting and Nasdaq compliance, the effectiveness of its\nremediation measures, the anticipated benefits of resumed Nasdaq trading, and\nthe timing of future corporate updates. These statements are based on\nTriller’s current expectations and assumptions and involve risks and\nuncertainties that could cause actual results to differ materially, including\nrisks relating to the effects of the period of trading suspension and\nresumption of trading on Nasdaq, market conditions, the Company’s ability to\nexecute its monetization and operating plans, the availability of financing,\nthe identification, negotiation or completion of any acquisitions or other\nstrategic transactions, compliance with listing standards and reporting\nrequirements, legal or regulatory proceedings, and the other risks described\nin Triller’s SEC filings. The words “believe,” “estimate,”\n“anticipate,” “project,” “intend,” “expect,” “plan,”\n“outlook,” “scheduled,” “forecast” and similar expressions are\nintended to identify forward-looking statements.\n\nThe forward-looking statements contained in this press release speak only as\nof the date of its issuance. Except where required by applicable law, the\nCompany expressly disclaims a duty to provide updates to forward-looking\nstatements after the date of this press release to reflect subsequent events,\nchanged circumstances, changes in expectations, or the estimates and\nassumptions associated with them. The forward-looking statements in this press\nrelease are intended to be subject to the safe harbor protection provided by\nthe federal securities laws.\n\n# # #\n\nContact:\n\nBethany Lai, Investor Relations and Communications\n\nIR@agba.com"},"type":"article","timestamp":"2026-06-25T12:30:00.405870789Z","server_sent_at_ms":1782390600405},"received_at":"2026-06-25T12:30:00.456Z","source_url":"https://www.globenewswire.com/news-release/2026/06/25/3317519/0/en/Triller-Group-Nasdaq-ILLR-to-Acquire-Significant-SpaceX-Position-as-a-Strategic-Treasury-Asset.html"},"analysis":{"id":"62565","press_release_id":"73199","analysis_json":{"industry":{"label":"Interactive Media & Services","sector":"Communication Services"},"redFlags":["deal size and financing costs not disclosed","acquisition structured indirectly through a fund and special-purpose subsidiary","use of secured financing to acquire equity position adds leverage risk"],"eventType":"operations_update","narrative":"Triller Group announced a definitive agreement to acquire a significant position in SpaceX to be held as a strategic treasury asset on its balance sheet.\n\nThe position, acquired through a special-purpose subsidiary and financed via secured debt, was established ahead of SpaceX's public listing and is being bought at a meaningful discount to current market value.\n\nManagement believes the move is transformational, giving shareholders indirect exposure to one of the era's most prominent private companies.\n\nTriller expects the transaction to close in the coming days, subject to customary conditions.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Small-cap Triller pivots to hold SpaceX as a treasury asset at a discount—unusual balance sheet move."},"keyFigures":{},"quotedText":"This is a transformational step for our Company... We believe this fundamentally changes how investors should look at Triller, and we are proud to give our shareholders a stake in that story.","namedEntities":{"people":[{"name":"Wing-Fai Ng","role":"Group Chief Executive Officer"},{"name":"Bethany Lai","role":"Investor Relations and Communications"}],"products":["Triller App"],"companies":[{"name":"Triller Group Inc.","ticker":"ILLR"},{"name":"SpaceX"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Acquisition of a 'significant position' in SpaceX at a discount is a strategic balance sheet transformation described as 'transformational' by the CEO. While materially positive for the asset side, the lack of disclosed deal size and the use of secured financing introduce execution and leverage risks that cap the score."},"tickerRelevance":{"others":[{"ticker":"ILLRW","relevance":"subsidiary/warrant"}],"primary":"ILLR"},"globalImportance":30,"audienceRelevance":45,"eventTypeSecondary":[],"importanceComponents":{"haloEffect":"SpaceX association","tickerTier":"small-cap","eventGravity":"strategic-asset-acquisition","sectorWeight":"media"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Triller Group announced a definitive agreement to acquire a significant position in SpaceX to be held as a strategic treasury asset on its balance sheet.\n\nThe position, acquired through a special-purpose subsidiary and financed via secured debt, was established ahead of SpaceX's public listing and is being bought at a meaningful discount to current market value.\n\nManagement believes the move is transformational, giving shareholders indirect exposure to one of the era's most prominent private companies.\n\nTriller expects the transaction to close in the coming days, subject to customary conditions.","key_figures":{},"named_entities":{"people":[{"name":"Wing-Fai Ng","role":"Group Chief Executive Officer"},{"name":"Bethany Lai","role":"Investor Relations and Communications"}],"products":["Triller App"],"companies":[{"name":"Triller Group Inc.","ticker":"ILLR"},{"name":"SpaceX"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-25T12:52:18.657Z","global_importance":30,"audience_relevance":45,"importance_components":{"haloEffect":"SpaceX association","tickerTier":"small-cap","eventGravity":"strategic-asset-acquisition","sectorWeight":"media"}},"durationMs":112851,"modelName":"george-droid-qwen-72b"}}