TikTok competitor Triller files to go public

Triller has long teased its ambitions to go public, and now, the short form video platform seems to on its way to an IPO. Triller filed an S-1 on Wednesday, seeking to directly list on the New York Stock Exchange.
The TikTok competitor previously tried to go public via SPAC in a $5 billion merger with SeaChange International, which was later scrapped; it also attempted a direct listing last year, which also didn’t seem to be successful.
Triller has had a difficult few years, facing lawsuits over missed payments from Sony Music, Universal Music Group, and rappers Timbaland and Swizz Beats

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