Brilliant Acquisition (BRLI)

Company Profile

Brilliant (Nasdaq: BRLI) is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, or other similar business combination with one or more businesses or entities.

Company profile

Ticker

BRLI, BRLIU

Exchange

NASDAQ

CEO

Chuan Wei Chen

Incorporated

British Virgin Islands

Location

China

Fiscal year end

Dec 31

Sector

Finance > Financial Conglomerates

Industry (SIC)

Blank Checks (SPACs)

Pershing Square Tontine • Foley Trasimene Acquisition II • KKR Acquisition Holdings I • Austerlitz Acquisition Corp II • FTAC Hera Acquisition • Cohn Robbins • Polestar Automotive Holding UK • E.Merge Technology Acquisition • Slam • MSD Acquisition ...

SEC CIK

0001787518

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

BRLI stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

425

Business combination disclosure

25 Jan 23

8-K

Entry into a Material Definitive Agreement

25 Jan 23

DEFA14A

Additional proxy soliciting materials

17 Jan 23

8-K

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

3 Jan 23

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

3 Jan 23

425

Business combination disclosure

19 Dec 22

8-K

Entry into a Material Definitive Agreement

8 Dec 22

Business combination disclosure

18 Nov 22

Latest ownership filings

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SC 13G/A

Karpus Management, Inc.

Karpus Management, Inc.

14 Feb 22

SC 13G

MIZUHO FINANCIAL GROUP INC

Hudson Bay Capital Management LP

8 Feb 22

Financial summary

Financial statements Chart BRLI financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	31.20 mm	31.20 mm	31.20 mm	31.20 mm	31.20 mm	31.20 mm
Cash burn (monthly)	(no burn)	(no burn)	160.29 k	91.23 k	46.91 k	87.88 k
Cash used (since last report)	n/a	n/a	644.73 k	366.94 k	188.70 k	353.46 k
Cash remaining	n/a	n/a	30.56 mm	30.84 mm	31.01 mm	30.85 mm
Runway (months of cash)	n/a	n/a	190.6	338.0	661.1	351.0

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

BRLI institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	19	24	-20.8%
Opened positions	0	1	EXIT
Closed positions	5	1	+400.0%
Increased positions	1	0	NEW
Reduced positions	11	7	+57.1%

13F shares	Current	Prev Q	Change
Total value	2.21 mm	5.61 mm	-60.6%
Total shares	2.63 mm	4.40 mm	-40.4%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
MFG Mizuho Financial	459.12 k	$0.00	0.0%
Newtyn Management	457.41 k	$63.00 k	0.0%
Owl Creek Asset Management	399.02 k	$78.00 k	0.0%
Polar Asset Management Partners	225.00 k	$38.00 k	-28.1%
Feis Lawrence Michael	178.93 k	$1.88 mm	-69.4%
Yakira Capital Management	150.75 k	$26.00 k	-50.0%
Walleye Capital	121.74 k	$24.00 k	-48.1%
Skaana Management	100.00 k	$14.00 k	-15.7%
HRT Financial	94.17 k	$18.00 k	-50.8%
Boothbay Fund Management	74.16 k	$13.00 k	0.0%

Largest transactions	Shares	Bought/sold	Change
Mangrove Partners	0.00	-500.00 k	EXIT
Feis Lawrence Michael	178.93 k	-405.40 k	-69.4%
Yakira Capital Management	150.75 k	-150.75 k	-50.0%
Walleye Capital	121.74 k	-112.61 k	-48.1%
Castle Creek Arbitrage	0.00	-100.94 k	EXIT
HRT Financial	94.17 k	-97.30 k	-50.8%
Polar Asset Management Partners	225.00 k	-87.80 k	-28.1%
Shaolin Capital Management	49.69 k	-77.80 k	-61.0%
Walleye Trading	68.49 k	-73.91 k	-51.9%
Fund Management B.V. Privium	0.00	-55.54 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.