Company: TACOW
Filing Date: 2025-06-12
Form Type: 10-Q
Source: 0001829126-25-004454
Chunk: 27

Company: Berto Acquisition Corp.
Filing Date: 2025-06-12
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 proceeds of $300.15 million, and incurring offering costs of approximately $17.8 million, of which approximately $11.7 million
      was for deferred underwriting commissions.
       
      Simultaneously
      with the closing of the Initial Public Offering, the Company consummated the Private Placement of 3,500,000 Sponsor Private Placement
      Warrants to the Sponsor at a purchase price of $1.00 per Sponsor Private Placement Warrant, generating gross proceeds to the Company
      of $3.5 million.
       
      Additionally,
      simultaneously with the closing of the Initial Public Offering, the Company issued an aggregate of 3,750,000 Underwriter Private
      Placement Warrants to designees of the Representatives.
       
      Upon
      the closing of the Initial Public Offering and the Private Placement, the Company deposited $300.15 million ($10.00 per share)
      of net proceeds, including the net proceeds of the Initial Public Offering and certain of the proceeds of the Private Placement
      in the Trust Account.

18

Item 2.
      Management’s Discussion and Analysis of Financial Condition and Results of Operations.

References
      to the “Company,” “our,” “us” or “we” refer to Berto Acquisition Corp. The following
      discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction with
      the unaudited condensed financial statements and the notes thereto contained elsewhere in this quarterly report on Form 10-Q (this
      “Report”). Certain information contained in the discussion and analysis set forth below includes forward-looking statements
      that involve risks and uncertainties.

Cautionary
      Note Regarding Forward-Looking Statements

This
      Report includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections
      about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about
      us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future
      results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases,
      you can identify forward-looking statements by terminology such as “may,” “should,” “could,”
      “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,”
      “continue,” or the negative of such terms or other similar expressions. For information identifying important factors