New York, July 19, 2022 (GLOBE NEWSWIRE) — Brilliant Acquisition Corporation (“Brilliant”) announced today that it has extended the period of time it will have to consummate its initial business combination by a further three months, or until October 23, 2022. In connection with the extension, Brilliant’s Sponsor, Nisun Investment Holding Limited has timely deposited $353,000 in Brilliant’s trust account, representing $0.12 per public ordinary share of Brilliant that remained outstanding and was not redeemed in connection with the shareholder vote to approve the extension, as additional interest on the proceeds in the trust account.
The purpose of the extension is to permit sufficient time for Brilliant to consummate its previously announced proposed business combination with Nukkleus Inc. (“Nukkleus”). The extension was approved by Brilliant’s shareholders on July 13, 2022. For a summary of the material terms of the proposed business combination, please see Brilliant’s Current Report on Form 8-K filed on February 23, 2022 and Nukkleus’s Registration Statement on Form S-4 initially filed on April 15, 2022 (as amended to date), with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the announcement of the proposed business combination.
About Brilliant Acquisition Corp.
Brilliant (Nasdaq: BRLI) is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, or…
