Brilliant Acquisition (OTCMKTS:BRLIU) made an announcement on October 22, 2024, regarding a reverse stock split. The company, formerly known as Nukkleus Inc., disclosed this information through a press release titled, “Nukkleus Announces Reverse Stock Split.”
As per the details provided in the Form 8-K filing with the Securities and Exchange Commission, Brilliant Acquisition, previously registered as Nukkleus Inc., implemented the reverse stock split. The decision to undertake this action falls under Item 7.01, Regulation FD Disclosure.
Brilliant Acquisition’s (OTCMKTS:BRLIU) current status as an emerging growth company was acknowledged in the filing, meeting the criteria as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Moreover, the company confirmed their decision not to utilize the extended transition period for complying with any new or revised financial accounting standards, as provided pursuant to Section 13(a) of the Exchange Act.
The disclosure came as part of Item 9.01 under Financial Statements and Exhibits within the filing, signifying an important development for Brilliant Acquisition (OTCMKTS:BRLIU) and its shareholders.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Brilliant Acquisition’s 8K filing here.
Brilliant Acquisition Company Profile
Brilliant Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. Brilliant Acquisition Corporation was incorporated in 2019 and is based in Shanghai, China.
See Also
- Five stocks we like better than Brilliant Acquisition
- How to Invest in Small Cap StocksĀ
- Is CoStar Group Stock a Buy Before Earnings? Analysts Think So
- Quiet Period Expirations Explained
- 3 Stocks Driving the Shift to Nuclear Energy for AI Power
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Utilities Outperform in 2024: 3 Stocks to Keep on Your Radar