Brilliant Acquisition Corporation
BRLIW
NASDAQ Capital Market0.16
USD
-0.04
- -
CIK
0001787518
ISIN
VGG1643W1297
CUSIP
G1643W129
Return %
Stock
S&P500
1Y
233.33
18.02
3Y
-83.51
64.11
5Y
-20.00
72.15
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- United States of America
- IPO Date
- Jul 22, 2020
- CIK
- 0001787518
- Similar Companies
- Business
- Brilliant Acquisition Corporation (NASDAQ:BRLIW) operates as a blank check company, or special purpose acquisition company (SPAC), whose sole purpose involves effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in Asia-Pacific markets; it conducts no significant operations prior to completing such a transaction. Incorporated in 2019 in the British Virgin Islands and headquartered at 99 Dan Ba Road C-9, Putuo District, Shanghai, Peoples Republic of China, the company went public in June 2020 through an initial public offering of units priced at $10.00 each, raising gross proceeds of $40 million. In its most significant development, Brilliant Acquisition Corporation completed a reverse merger with Nukkleus Inc., a fintech group focused on acquiring, building, and scaling blockchain and digital financial services businesses including cryptocurrency conversion platforms, digital asset management, and institutional financial services, on December 22, 2023, valued at approximately $105 million; post-merger, the combined entity trades under the ticker NUKK (ordinary shares) and NUKKW (warrants), with former Nukkleus stockholders owning about 68.6% and Brilliant shareholders about 34% of the ordinary shares, while BRLIW warrants represent rights associated with the predecessor SPAC structure. The transaction, originally announced in February 2022 with a $140 million pre-money enterprise value and repeatedly extended through shareholder approvals until late 2023, positions the post-merger Nukkleus Inc. to deliver customer-centric innovation in payments platforms, fiat-to-crypto conversion via acquired entities like Match Financial Limited, and related blockchain services to institutional clients such as Triton Capital Management.