Company: TACOW
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001829126-25-000836
Chunk: 318

Company: Berto Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 318
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 our ordinary shares
which are represented in person or represented by proxy and are voted at a general
meeting of the company, and pursuant to our articles; such actions include amending
our articles and approving a statutory merger or consolidation with another company. Our board of directors is divided into three classes, each of which will generally
serve for a term of three years with only one class of directors being appointed in
each year. There is no cumulative voting with respect to the appointment of directors, with the
result that the holders of more than 50% of the shares voted for the appointment of directors can appoint all of the directors. Our shareholders are entitled to receive ratable dividends when, as and if declared
by the board of directors out of funds legally available therefor.

<div align='center'>F-15

BERTO ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

DECEMBER 31, 2024</div>

Warrants

As of December 31, 2024, there were no Public Warrants or Private Placement Warrants outstanding. Public Warrants may only be exercised for a whole number of shares. No fractional
Public Warrants will be issued upon separation of the units and only whole Public
Warrants will trade. The Public Warrants will become exercisable 30 days after the completion of a Business Combination; provided that the Company has an effective registration
statement under the Securities Act covering the ordinary shares issuable upon exercise of the Public Warrants and a current prospectus relating to
them is available (or the Company permits holders to exercise their Public Warrants
on a cashless basis and such cashless exercise is exempt from registration under the
Securities Act). The Company agreed that as soon as practicable, but in no event later
than 20 business days after the closing of the initial Business Combination, the Company will
use its commercially reasonable efforts to file with the SEC have an effective registration statement covering the
ordinary shares issuable upon exercise of the warrants and to maintain a current prospectus relating
to those ordinary shares until the warrants expire or are redeemed. If a registration statement covering the
ordinary shares issuable upon exercise of the warrants is not effective by the 60th business day after the closing of the initial Business Combination, warrant holders
may, until such time as there is an effective registration statement and during any
period when the Company will have failed to maintain an effective registration statement,
exercise warrants on a “cashless basis” in accordance