TikTok Competitor Triller Will Solidify IPO Plans Before End of Year

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 situation tells Billboard. SPACs are shell companies that raise money in an initial public offering (IPO