TikTok Competitor Triller Will Solidify IPO Plans Before End of Year
Triller The short-form video app will go public by merging with a special purpose acquisition company (SPAC), offering a fast-track to the stock exchange while avoiding some regulatory scrutiny. Over the past six months, the short-form video app Triller has gone from fledgling startup to rising TikTok competitor, with $37.5 million raised from investors and Hollywood dealmaker Ryan Kavanaugh at its helm. Now, Triller is about to go public. Triller will enter into an agreement to merge with a special purpose acquisition company (SPAC) by the end of the year, a source familiar with the situati...