Brilliant Acquisition said in a news release it has extended the deadline for closing on a business combination by 3 months from Sept. 25 until Dec. 25. The SPAC’s sponsor, Nisun Investment Holding, deposited $460,000 in the trust account as a condition of extending the deadline.
The sponsor pumped an indentical amount into the SPAC’s trust ahead of the first extension, in June.
The SPAC in its March 2020 S-1 filing said it would focus on companies in the Asia-Pacific region. Brilliant Acquisition raised $40 million in a June 2020 IPO. Read more.