 New York, April 19, 2021 GLOBE NEWSWIRE -- Brilliant Acquisition Corporation the Company announced today that, as the result of the U.S. Securities and Exchange Commissions SECs recent guidance, released on April 12, 2021 relating to the accounting treatment of certain warrants issued in connection with special purpose acquisition company SPAC issuers, that the Company is conducting an analysis of the effect of the SECs guidance if any on the accounting treatment of its warrants. The Companys conclusion as to the proper accounting treatment of its warrants and corrective disclosures, if any must be approved by its auditor, Marcum LLP Marcum before the Company can obtain Marcums consent to file its annual report on Form-10K for the fiscal year ending 2020 Form-10K. 