Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 148

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 148
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 dilute the equity interest of investors 
 in this offering;                                         |

| ● | may subordinate the rights of holders of ordinary                                               
 shares if preferred shares are issued with rights senior to those afforded our ordinary shares; |

| ● | could cause a change of control if a substantial number                                                                           
 of our ordinary shares is issued, which may affect, among other things, our ability to use our net operating loss carry forwards, 
 if any, and could result in the resignation or removal of our present officers and directors;                                     |

| ● | may have the effect of delaying or preventing a change                                                             
 of control of us by diluting the share ownership or voting rights of a person seeking to obtain control of us; and |

| ● | may adversely affect prevailing market prices for 
 our units, ordinary shares and/or warrants.       |

Similarly, if we issue
debt securities, it could result in:

| ● | default and foreclosure on our assets if our operating                                         
 revenues after an initial business combination are insufficient to repay our debt obligations; |

| ● | acceleration of our obligations to repay the indebtedness                                                                
 even if we make all principal and interest payments when due if we breach certain covenants that require the maintenance 
 of certain financial ratios or reserves without a waiver or renegotiation of that covenant;                              |

| ● | our immediate payment of all principal and accrued           
 interest, if any, if the debt security is payable on demand; |

| ● | our inability to obtain necessary additional financing                                                                           
 if the debt security contains covenants restricting our ability to obtain such financing while the debt security is outstanding; |

| ● | our inability to pay dividends on our ordinary shares; |

| ● | using a substantial portion of our cash flow to pay                                                                         
 principal and interest on our debt, which will reduce the funds available for dividends on our ordinary shares if declared, 
 expenses, capital expenditures, acquisitions and other general corporate purposes;                                          |

| ● | limitations on our flexibility in planning for and                           
 reacting to changes in our business and in the industry in which we operate; |

| ● | increased vulnerability to adverse changes in general                                           
 economic, industry and competitive conditions and adverse changes in government regulation; and |

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| ● | limitations on our ability to borrow additional amounts                                                                   
 for expenses, capital expenditures, acquisitions, debt service requirements, execution of our strategy and other purposes 
 and other disadvantages compared to our competitors who have less debt.                                                   |

As indicated in the accompanying