Thursday, August 3, 2023

Triller Files For IPO

Los Angeles-based Triller, which makes a short-form, video alternative to TikTok, has filed for an IPO. According to the company, it hopes to trade on the NYSE as "ILLR". The company has not yet said how much it hopes to raise in its IPO offering. Triller had earlier sought to go public via a SPAC, and also attempted a direct listing; the move to list on the NYSE is a significant shift to a more traditional IPO structure.