The Supreme Court is expected to make a final decision soon, with the looming shutdown date a little over a week away. If the Court rules in favor to ban the app, TikTok would lose over 170 million U.S. users.

Billionaire Frank McCourt's Project Liberty and several partners offered few details on their plan to buy the U.S. assets of the platform, announced the day before the high court will decide its fate.

The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.