M&A
confidence high
sentiment neutral
materiality 0.75
Brilliant Acquisition amends Nukkleus merger; reverses structure, extends deadline to Dec 2023
T3 Defense Inc.
- Amended Merger Agreement reverses original structure: SPAC to acquire Nukkleus; Nukkleus shareholders get 14M SPAC shares.
- Outside Closing Date extended to later of July 23, 2023 or up to December 23, 2023 with shareholder extension approval.
- Public SPAC shareholders eligible for additional Backstop Pool of up to 1,012,000 shares of Brilliant Common Stock.
- Brilliant will re-domicile from BVI to Delaware before merger; BRIL Merger Sub will merge into Nukkleus.