Company: TACOW
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001829126-25-002771
Chunk: 236

Company: Berto Acquisition Corp.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 236
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 director
or executive officer to participate in the discussion of, or decision concerning, a related person transaction in which he or she is
the related party.

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DESCRIPTION OF SECURITIES</div>

We are a Cayman Islands exempted
company and our affairs are governed by our articles, the Companies Act and the common law of the Cayman Islands. Pursuant to our articles
which will be adopted prior to the consummation of this offering, we will be authorized to issue 550,000,000 ordinary shares, $0.0001
par value each, including 550,000,000 ordinary shares, as well as 5,000,000 preference shares, $0.0001 par value each. The following
description summarizes certain terms of our capital stock as set out more particularly in our articles. Because it is only a summary,
it may not contain all the information that is important to you.

Units

Each unit has an offering
price of $10.00 and consists of one ordinary share and one-half of one redeemable warrant. Each whole warrant, when exercisable, entitles
the holder thereof to purchase one ordinary share at a price of $10.50 per share within the first 12 months following the closing of
an initial business combination or $11.50 per share after the 12-month anniversary of the closing of the initial business combination,
subject to adjustment as described in this prospectus. Pursuant to the warrant agreement, a warrant holder may exercise its warrants
only for a whole number of the company’s ordinary shares. This means only a whole warrant may be exercised at any given time by
a warrant holder. For example, if a warrant holder holds one-half of one warrant to purchase an ordinary share, such warrant will not
be exercisable. If a warrant holder holds two-halves of one warrant, such whole warrant will be exercisable for one ordinary share at
the applicable exercise price. The ordinary shares and warrants comprising the units are expected to begin separate trading on the 52nd
day following the date of this prospectus unless CCM and Needham inform us of their decision to allow earlier separate trading, subject
to our having filed the Current Report on Form 8-K described below and having issued a press release announcing when such separate trading
will begin. Once the ordinary shares and warrants commence separate trading, holders will have the option to continue to hold units or
separate their units into the component securities. Hold