New details about Khaby Lame's $975 million deal deepen the mystery

Khaby Lame has been pursuing other partnerships as his big payday remains in question. Simon Galloway/LAT Images Khaby Lame's splashy $975 million deal is still on ice nine months after it was announced. Lame's plan to merge his business with a publicly traded firm was celebrated by creator economy insiders. The public company's stock price has fallen 99% since its January high. A new financial filing provides fresh details — and more questions — about a mysterious $975 million deal struck by TikTok's top star, Khaby Lame . On January 9, Lame — who has over 160 million followers — entered into an agreement that would theoretically net him a major payday and take his company public. The mechanism: a merger with the publicly traded Rich Sparkle Holdings , a financial printing firm based in Hong Kong. Then, in late January, Lame went silent on the merger.