The Company is acquiring the position — held through an established fund structure — through a wholly-owned special-purpose subsidiary, financed through a secured financing arrangement. The position was established well ahead of SpaceX’s public listing and is being acquired at a meaningful discount to its current market value.

"This is a transformational step for our Company," said Wing-Fai Ng, Group Chief Executive Officer. "SpaceX is one of the most extraordinary companies of our generation, and we are securing meaningful exposure to it at a compelling entry point and placing it at the very heart of our balance sheet. We believe this fundamentally changes how investors should look at Triller, and we are proud to give our shareholders a stake in that story."

The transaction establishes a dedicated SpaceX treasury position and positions Triller as one of the only Nasdaq-listed companies with disclosed, balance-sheet SpaceX exposure. The financing is secured by the underlying position, and the Company retains a portion of the position as treasury for the benefit of its shareholders.

The Company expects the transaction to close in the coming days, subject to the satisfaction of customary conditions, and intends to provide further detail in its filings with the U.S. Securities and Exchange Commission ("SEC").