AGBA Group Holding Limited (NASDAQ: AGBA) has merged with Triller, an AI-fueled short form video platform. The deal values Triller at approximately $635 million. AGBA had a $43 million loss on $54 million in revenue in 2023, while Triller had a $45 million revenue in 2023. The merger is expected to close in May pending regulatory and shareholder approval. The combined company is expected to benefit from the potential ban of TikTok in the United States. However, there are risks associated with the merger, including significant dilution and the need for additional financing.