SPAC Brilliant Acquisition Extends Business Combination Window - News Summed Up

SPAC Brilliant Acquisition Extends Business Combination Window


By Stephen NakrosisBrilliant Acquisition, a special purpose acquisition company, said it extended the time it will have to consummate an initial business combination to July 23. The company said its sponsor, Nisun Investment Holding, deposited $32,450 into the SPAC's trust account, as additional interest on proceeds in the account. Brilliant Acquisition, which closed its initial public offering in June 2020, agreed to a proposed business combination with Nukkleus in February 2022. Nukkleus said it "acquires, builds and scales blockchain and digital financial services businesses." Write to Stephen Nakrosis at stephen.nakrosis@wsj.com(END) Dow Jones Newswires06-23-23 1718ET


Source: Wall Street Journal June 23, 2023 21:21 UTC



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