Filing Summary
Business Context and Reporting Period
This Form 8-K was filed by Brilliant Acquisition Corporation, a British Virgin Islands special purpose acquisition company, under Item 8.01, Other Events. The reported event date was October 13, 2021; the filing was signed and dated October 18, 2021. The supplied metadata identifies T3 Defense Inc., but the filing’s registrant is Brilliant Acquisition Corporation.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, or other operating or financial metrics. It concerns Nasdaq listing compliance resulting from delayed periodic filings.
Material Changes Versus the Prior Comparable Period
- The company had previously received Nasdaq notices dated April 19, June 8, and August 31, 2021, stating that it did not comply with Nasdaq Listing Rule 5250(c)(1) because its fiscal 2020 Form 10-K and Forms 10-Q for the quarters ended March 31 and June 30, 2021 had not been timely filed.
- On October 12, 2021, the company filed the outstanding Form 10-K and Forms 10-Q with the SEC.
- On October 13, 2021, Nasdaq notified the company that, after reviewing the Form 10-K and the March 31, 2021 Form 10-Q, it had regained compliance with the listing rule.
- On October 18, 2021, Nasdaq separately confirmed compliance after reviewing the June 30, 2021 Form 10-Q and stated that the matters were closed.
Guidance, Outlook, Risks, and Unusual Items
The filing provides no financial guidance or operating outlook. The principal disclosed risk was the potential impact of late SEC filings on continued Nasdaq listing. Nasdaq’s compliance determinations and closure of the matters indicate that the immediate deficiency had been resolved, although the filing does not address future filing timeliness or other listing requirements.
Important Facts to Verify
- Confirm whether this filing is intended to relate to T3 Defense Inc. or to Brilliant Acquisition Corporation, as the filing names Brilliant Acquisition Corporation as registrant.
- Verify the October 12, 2021 filing dates and contents of the fiscal 2020 Form 10-K and the March 31 and June 30, 2021 Forms 10-Q.
- Confirm Nasdaq’s compliance letters and the stated closure of the listing-rule matters.
- Review the filed periodic reports for financial condition, liquidity, debt, going-concern matters, and any additional Nasdaq or SEC risks not addressed in this 8-K.