Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 121

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 121
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fair market value” is the average reported closing price of the ordinary shares for the 10 trading days ending
on the third trading day prior to the date on which the notice of exercise is received by the warrant agent or on which the notice of
redemption is sent to the holders of warrants, as applicable. As a result, you would receive fewer ordinary shares from such exercise
than if you were to exercise such warrants for cash.

The grant of registration rights to our initial shareholders and holders of our private placement warrants and underwriter warrants may make it more difficult to complete our initial business combination, and the future exercise of such rights may adversely affect the market price of our ordinary shares.

Pursuant to an agreement
to be entered into concurrently with the issuance and sale of the securities in this offering, our initial shareholders and their
permitted transferees can demand that we register the founder shares, holders of our private placement warrants, underwriter
warrants, and their permitted transferees can demand that we register the private placement warrants, underwriter warrants, and the
ordinary shares issuable upon exercise of the private placement warrants, underwriter warrants, and holders of warrants that may be
issued upon conversion of working capital loans may demand that we register such warrants or the ordinary shares issuable upon
conversion of such warrants. The registration rights will be exercisable with respect to the founder shares, the private placement
warrants, underwriter warrants, and the ordinary shares issuable upon exercise of such warrants. We will bear the cost of
registering these securities. The registration and availability of such a significant number of securities for trading in the public
market may have an adverse effect on the market price of our ordinary shares. In addition, the existence of the registration rights
may make our initial business combination more costly or difficult to conclude. This is because the shareholders of the target
business may increase the equity stake they seek in the combined entity or ask for more cash consideration to offset the negative
impact on the market price of our ordinary shares that is expected when the ordinary shares owned by our initial shareholders,
holders of our private placement warrants, holders of underwriter warrants, or holders of our working capital loans or their
respective permitted transferees are registered.

We may issue additional ordinary shares or preference shares to complete our initial business combination or under an employee incentive plan after completion of our initial business combination. Any such issuances would dilute the interest of our shareholders and likely present other risks.

Our articles authorize the
iss