T3 Defense Inc. (DFNS): debt financing — Brilliant Acquisition extends business combination deadline to July 23, 2023; sponsor deposits $32,450

T3 Defense Inc.

Sponsor Nisun deposits $32,450 ($0.08 per public share) into trust to extend business combination window by one month.
Shareholder-approved extension moves deadline from June 23 to July 23, 2023, for pending Nukkleus deal.
Promissory note to sponsor is unsecured, zero interest, and repayable only at closing or from residual funds.
Proceeds used solely to fund extension; note matures upon business combination or liquidation.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

T3 Defense Inc. incurred loan of $32,450 with Nisun Investment Holding Limited at does not bear interest maturing upon closing of the Company’s initial business combination.

Instrument: loan
Principal: $32,450
Counterparty: Nisun Investment Holding Limited
Rate: does not bear interest
Maturity: upon closing of the Company’s initial business combination
Event: incurrence

Exact text from the filing

On June 21, 2023, Brilliant Acquisition Corporation (the “Company” or “Brilliant”) issued an unsecured promissory note in the aggregate principal amount of $32,450 (the “Note”) to Nisun Investment Holding Limited, the Company’s sponsor (the “Sponsor”).

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24 debt financings filed in the last 30 days. Browse all debt financings →

T3 Defense Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-051390

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