other material
confidence high
sentiment neutral
materiality 0.50
T3 Defense Inc. (DFNS): debt financing — Brilliant Acquisition extends SPAC deadline to April 23 by $32,500 note from Nukkleus
T3 Defense Inc.
- Issued $32,500 unsecured promissory note to Nukkleus to fund a one-month extension of the business combination window.
- New deadline to consummate initial business combination is April 23, 2023; $0.08 per share deposited in trust.
- Extension was previously approved by shareholders on January 19, 2023.
- Note is non-interest bearing, matures upon deal closing; repayment limited to trust account residual if no deal.