According to the WSJ, deals like Slovakia's €560 million acquisition of the Barak MX exemplify the surging demand for proven technologies capable of addressing modern threats. These developments come as governments worldwide commit billions to defense spending and investors increasingly turn their attention to the resilient and rapidly growing defense sector. Manny Shalom, CEO of Nukkleus Inc. (NASDAQ: NUKK), commented: "The defense industry is experiencing a historic shift, driven by rising geopolitical te ...

证券时报网讯，Nukkleus盘前股价跌超12%，该股近几日持续拉升，本周涨幅已累计超3600%。 Nukkleus是一家金融科技公司，专注于为全球零售外汇交易行业提供软件和技术解决方案。 它主要向TCM提供软件、技术、客户销售和营销以及风险管理技术硬件和软件解决方案包。 公司宣布了一系列战略性融资，包括预计将从 Yorkville Advisors Global LP获得1000万美元融资，以及 收购了 Star 26 Capital Inc 51% 的股份，该公司是以色列国防系统供应商的主要股东。 校对：刘星莹 ...

JERSEY CITY, N.J., Dec. 18, 2024 /PRNewswire/ -- Nukkleus, Inc. (NASDAQ: NUKK), today announced the pricing of a private placement with a single New York-based family office investor. The aggregate gross cash proceeds are expected to be $10.0 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement to finance the proposed acquisition of Star 26 Capital Inc., a defense acquisition company h ...

Acquisition Details - Nukkleus Inc acquired a 51% controlling stake in Star 26 Capital Inc, which holds 95% ownership in RIMON, a leading Israeli defense component supplier [1] - The total purchase price was $26 million, including cash, a promissory note, Nukkleus common stock, and warrants to purchase additional shares [2] - The acquisition includes an option agreement for Nukkleus to acquire the remaining equity in Star 26 at a later date [2] RIMON's Business Operations - RIMON operates two key business lines: distribution of generators, masts, and lighting solutions through exclusive distributorship agreements [2] - RIMON designs, engineers, and integrates tactical vehicles, including reconnaissance vehicles, mobile command and control units, and satellite broadcast platforms, serving special defense forces and intelligence agencies [3] Strategic Implications - The acquisition positions Nukkleus at the forefront of the booming defense industry, capitalizing on opportunities driven by geopolitical shifts in the Middle East and the war in Ukraine [4] - RIMON's expertise in critical defense systems and partnerships with leading defense exporters like Rafael and Elbit Systems strengthens Nukkleus's capabilities in delivering innovative defense solutions [4] - Nukkleus plans to integrate Star 26 operations into its business structure and explore further growth opportunities, including expanding into banking, U.S. real estate, and technology-populated coworking space campus locations [4] Market Opportunities - The combined entity will focus on Israeli and US market opportunities, acquiring controlling interests in medium-sized companies while providing them financing and global business development opportunities [5] - The defense sector has seen rapid growth, with a 120% increase in Israel's defense indices and a 38% rise in similar indices in the US [4]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 001-39341 Nukkleus Inc. (Exact name of registrant as specified in its charter) Delaware 38-3912845 (State or other jurisdiction of ...

Financial Performance - Total revenues for the three months ended March 31, 2024, were $259,757, a decrease of 95.4% compared to $5,633,944 for the same period in 2023[13]. - Gross profit for the three months ended March 31, 2024, was $196,561, compared to a gross profit of $147,962 for the same period in 2023, representing a 33% increase[13]. - Operating expenses for the three months ended March 31, 2024, totaled $2,616,410, significantly higher than $954,326 for the same period in 2023, marking a 174% increase[13]. - The net loss for the three months ended March 31, 2024, was $2,429,417, compared to a net loss of $805,649 for the same period in 2023, reflecting a 201% increase in losses[13]. - Financial services revenue for the six months ended March 31, 2024, was $702,148, down from $1,410,332 in the same period of 2023, reflecting a 50% decrease[60]. - The company reported a comprehensive loss of $(2,402,835) for the three months ended March 31, 2024, compared to $(808,370) for the same period in 2023[13]. Stockholder Equity and Deficit - Total stockholders' deficit as of March 31, 2024, was $(11,524,752), an increase from $(6,193,230) as of December 31, 2023[14]. - As of March 31, 2023, total stockholders' equity was $9,141,848, down from $10,890,580 as of October 1, 2022, reflecting a decrease of approximately 16%[16]. Cash Flow and Liquidity - The company experienced a net cash used in operating activities of $1,878,608 for the year 2024, compared to $1,882,501 for 2023, showing a slight improvement[17]. - Cash at the end of the period was $651,220, an increase from $486,946 at the end of the previous year[18]. - The company’s liquidity is under substantial doubt, as the current cash balance cannot cover operating expenses for the next twelve months[29]. - The company reported negative cash flow from operating activities of approximately $1,879,000 for the six months ended March 31, 2024[29]. Debt and Financial Obligations - The company converted related party debts into common stock amounting to $2,997,624, reflecting a significant restructuring of its financial obligations[18]. - The company issued promissory notes totaling $916,000 to related parties during the six months ended March 31, 2024, with an outstanding principal balance of $916,000 as of that date[109]. - Interest expense related to related parties' loans amounted to $10,348 for the three months and $17,770 for the six months ended March 31, 2024[110]. Customer Assets and Liabilities - As of March 31, 2024, customer digital currency assets and liabilities were valued at $8,100, reflecting the company's obligation to safeguard customers' digital assets[44]. - Customer custodial cash represented cash maintained in company bank accounts for the benefit of customers, with liabilities classified as current[38]. - Customer custodial cash decreased from $672,501 as of September 30, 2023, to $345,631 as of March 31, 2024, representing a decline of approximately 48.7%[77]. Business Operations and Strategy - Nukkleus has terminated its General Services Agreement with Triton Capital Markets Ltd. effective January 1, 2024, due to non-payment, which required a minimum payment of $1,600,000 per month[22]. - The company is focused on providing software and technology solutions for the retail foreign exchange trading industry, primarily servicing Triton Capital Markets Ltd.[21]. - The company operates in two reportable business segments: general support services and financial services, reflecting different service offerings[118]. Shareholder Transactions - The company issued a total of 627,997 shares of common stock for services valued at $2,765,601 during the six months ended March 31, 2024[83]. - A Debt Conversion Agreement resulted in the conversion of $2,727,061 of related party debt into 757,678 shares of common stock, with a fair market value exceeding the debt by $3,900,255[83]. Impairment and Allowances - The company has not recorded any impairment charges for long-lived assets for the three and six months ended March 31, 2024, as no impairment indicators were noted[57]. - As of March 31, 2024, the company had established an allowance for doubtful accounts of $0 for its note receivable from related parties, down from $637,072 as of September 30, 2023[51]. Miscellaneous - The company entered into a Settlement Agreement on May 28, 2024, issuing 1,889,550 shares of common stock to settle claims owed to Silverback Capital Corporation[124]. - The company plans to negotiate the sale of its wholly owned subsidiary, Digital RFQ Ltd., to its current management team, subject to board and shareholder approval[125].

Enhanced due diligence is followed in all circumstances where a customer is identified as high-risk, and this involves seven specific tasks: 1. Conduct enhanced monitoring of the business relationship by increasing the number and timing of controls applied, and selecting patterns of transactions that need further examination. 3. Capturing additional information about the intended nature of the business relationship. Countries subject to sanctions, embargos or similar measures issued by, for example, the Eur ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39341 BRILLIANT ACQUISITION CORPORATION (Exact name of registrant as specified in its charter) British Virgin Islands N/A (State o ...

Financial Performance - For the three months ended June 30, 2023, the company reported a net loss of $122,363, compared to a net loss of $35,544 for the same period in 2022, reflecting an increase in operating costs [168]. - For the six months ended June 30, 2023, the company had a net loss of $342,866, down from a net loss of $495,826 in the same period in 2022, indicating a reduction in operating costs [169]. - Cash used in operating activities for the six months ended June 30, 2023, was $183,291, influenced by changes in operating assets and liabilities [174]. Cash and Liquidity - As of June 30, 2023, the company had cash held in the Trust Account amounting to $4,529,551, which is intended to be used for completing a Business Combination [176]. - The company has a working capital deficit of $1,572,423 as of June 30, 2023, raising concerns about its ability to continue as a going concern [180]. - The company may need to raise additional funds to meet liquidity needs or to complete its Business Combination, which could involve issuing additional securities or incurring debt [179]. Business Combination - The company intends to complete a Business Combination before the mandatory liquidation date of August 23, 2023, or obtain an extension [181]. - The company incurred $2,069,154 in transaction costs related to its Initial Public Offering, including $1,610,000 in underwriting fees [173]. - The company generated gross proceeds of $40,000,000 from its Initial Public Offering of 4,000,000 Units at $10.00 per Unit [171]. Equity and Shares - The Company accounts for ordinary shares subject to possible redemption as temporary equity, presented at redemption value outside of shareholders' equity [188]. - Net loss per share is calculated by dividing net loss by the weighted average number of ordinary shares outstanding, excluding shares subject to forfeiture [189]. - Redeemable ordinary shares are included in the EPS calculation without creating a different class of shares, as the redemption feature is at fair value [190]. Financial Instruments - Management evaluates financial instruments, including stock purchase warrants, to determine if they are derivatives, reassessing classification at each reporting period [191]. - Private Placement Warrants are recognized as derivative warrant liabilities at fair value, subject to re-measurement at each balance sheet date until exercised [192]. - The fair value of Private Placement Warrants is estimated using a Binomial simulation model at each measurement date [192]. Regulatory and Reporting - Management does not anticipate that recently issued accounting standards will materially affect financial statements if adopted [193]. - The Company is classified as a smaller reporting company and is not required to provide additional market risk disclosures [194].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39341 BRILLIANT ACQUISITION CORPORATION (Exact name of registrant as specified in its charter) British Virgin Islands N/A (State or ot ...