other material
confidence high
sentiment neutral
materiality 0.50
T3 Defense Inc. (DFNS): debt financing — Brilliant Acquisition extends business combination deadline to June 23, 2023 with $32,450 deposit from Nukkleus
T3 Defense Inc.
- Issued unsecured promissory note for $32,450 to Nukkleus, deposited in trust to extend completion window to June 23, 2023.
- Extension previously approved by shareholders on April 20, 2023; further one-month extension to July 23 possible with an additional $32,450.
- Note bears no interest, matures upon business combination closing, and is repayable only from trust account surplus if no deal.
- Press release issued May 23, 2023 confirming the extension and the deposit of $0.08 per public ordinary share.
- Proposed merger with Nukkleus remains pending; S-4 registration statement filed with SEC.