T3 Defense Inc. (DFNS): Nasdaq/NYSE listing notice — Brilliant Acquisition receives second Nasdaq delisting notice; hearing requested to stay suspension
T3 Defense Inc.
Nasdaq notified Brilliant on June 30, 2023 that its Market Value of Listed Securities fell below $35M, an additional delisting basis.
Prior June 27 notice cited non-compliance with SPAC business combination rule (IM-5101-2); suspension was set for July 7.
Brilliant requested a hearing on July 3, 2023, which stays any suspension or delisting action pending the hearing.
Potential delisting covers all four security classes: units (BRLIU), ordinary shares (BRLI), rights (BRLIR), and warrants (BRLIW).
T3 Defense Inc. received a nasdaq delisting notice notice regarding other (rules IM-5101-2).
Exchange
nasdaq
Notice
delisting notice
Rules
IM-5101-2
Exact text from the filing
June 27, 2023, Brilliant received a notice from the staff of Nasdaq indicating that the Company’s securities would be subject to suspension and delisting from The Nasdaq Capital Market at the opening of business on July 7, 2023 due to the Company’s non-compliance with Nasdaq IM-5101-2, which requires that a special purpose acquisition company must complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement. If Brilliant did not request a hearing, Brilliant’s securities would have been suspended from The Nasdaq Capital Market at the opening
T3 Defense Inc. received a nasdaq delisting notice notice regarding market value (rules IM-5101-2).
Exchange
nasdaq
Notice
delisting notice
Deficiency
market value
Rules
IM-5101-2
Exact text from the filing
Panel”). Previously, on June 27, 2023, Brilliant received a notice from the staff of Nasdaq indicating that the Company’s securities would be subject to suspension and delisting from The Nasdaq Capital Market at the opening of business on July 7, 2023 due to the Company’s non-compliance with Nasdaq IM-5101-2, which requires that a special purpose acquisition company must complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement. If Brilliant did not request a hearing, Brilliant’s securities would have been suspended from The Nasdaq Capit
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