Brilliant Acquisition Corporation Announces Extension Of Completion Window To August 23, 2023
Portfolio Pulse from Happy Mohamed
Brilliant Acquisition Corporation has extended the deadline for its initial business combination with Nukkleus, Inc. to August 23, 2023. This extension was approved by Brilliant's shareholders and allows for further extensions up to December 23, 2023. Nukkleus has deposited $32,300 in Brilliant's trust account as additional interest on the proceeds in the trust account.
July 21, 2023 | 8:19 pm
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Brilliant Acquisition Corporation's extension of the deadline for its business combination with Nukkleus may impact investor sentiment and the stock's performance.
The extension of the deadline for the business combination may lead to uncertainty among investors, potentially impacting the stock's performance. However, the deposit by Nukkleus into Brilliant's trust account may be seen as a positive sign of commitment to the deal, which could offset some of the uncertainty.
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