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Brilliant Acquisition Corporation (BRLIU) maintains an active presence in strategic investments and business development. This news hub provides stakeholders with essential updates about the company's acquisition strategies, portfolio growth, and market positioning.
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Key updates include acquisition completions, due diligence processes, portfolio company performance, and leadership decisions. All content undergoes strict verification to ensure compliance with financial reporting standards. Bookmark this page for real-time access to BRLIU's corporate developments and strategic positioning within the investment landscape.
Nukkleus Inc (OTC: NUKK) has filed its annual report on Form 10-K for the year ending September 30, 2022, highlighting the progress of its merger with Brilliant Acquisition Corp (Nasdaq: BRLI). The report shows that digitalRFQ, a Nukkleus subsidiary, achieved significant growth, processing over
On July 20, 2020, Brilliant Acquisition Corporation (Nasdaq: BRLIU) announced that from July 22, 2020, holders of 4,600,000 units can separately trade the included ordinary shares, rights, and warrants. Those not separated will continue trading under the symbol 'BRLIU.' The separated securities will trade under 'BRLI,' 'BRLIR,' and 'BRLIW.' EarlyBirdCapital, Inc. acted as the sole book-running manager for the initial public offering. The company focuses on merging with businesses in the Asia-Pacific region, considering favorable economic trends in countries like Singapore, China, and Vietnam.
Brilliant Acquisition Corporation (Nasdaq: BRLIU) announced the closing of its full 600,000 unit over-allotment option from its initial public offering, yielding gross proceeds of $6,000,000. The initial IPO closed on June 26, 2020, with units beginning to trade on Nasdaq on June 24, 2020. The units consist of one ordinary share, a right for 1/10 of one ordinary share, and a warrant to buy one ordinary share at $11.50. Proceeds will be placed in trust, and the company aims to target mergers or acquisitions in the Asia-Pacific region.
Brilliant Acquisition Corporation (Nasdaq: BRLIU) successfully closed its initial public offering (IPO) of 4,000,000 units at $10.00 per unit, generating gross proceeds of $40,000,000. The units began trading on Nasdaq on June 24, 2020, and consist of one ordinary share, one right for 1/10 of a share, and one warrant to purchase an ordinary share at $11.50. The proceeds will be placed in trust, with an audited balance sheet provided in a future filing. The Company aims to identify target businesses, focusing on the Asia-Pacific region.
Brilliant Acquisition Corporation (BRLIU) announced that its Registration Statement on Form S-1 was declared effective by the SEC. The company plans to close its IPO of 4,000,000 units on or about June 26, 2020, aiming for gross proceeds of $40 million. Each unit includes one ordinary share, one right, and one warrant priced at $11.50. The offering price is set at $10.00 per unit. The underwriters have a 45-day option to purchase an additional 600,000 units. Brilliant is focused on merger opportunities within the Asia-Pacific markets.