Brilliant Acquisition Corporation Announces Extension of

October 19, 2022 | Source: Brilliant Acquisition Corporation

New York, Oct. 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 one month, or until November 23, 2022. In connection with the extension, Nukkleus, Inc. (“Nukkleus”) has deposited $22,600 in Brilliant’s trust account, representing $0.04 per public ordinary share of Brilliant currently outstanding, as additional interest on the proceeds in the trust account. The extension was approved by Brilliant’s shareholders on October 17, 2022. The shareholder approval also permits Brilliant to further extend Brilliant’s initial business combination deadline on a monthly basis up to a further two months, or until January 23, 2023, upon deposit of an additional $22,600 in the trust account for each month. 

The purpose of the extension is to permit sufficient time for Brilliant to consummate its previously announced proposed business combination with Nukkleus. 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 other similar business combination with one or more businesses or entities.

Additional Information and Where to Find It

This press release relates to a proposed business combination transaction between Nukkleus and Brilliant pursuant to which Nukkleus will become the parent company of Brilliant upon…