Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 255

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 255
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 respect of the transfer of any security interest granted by the foreign
company to the surviving or consolidated company (a) consent or approval to the transfer has been obtained, released or waived; (b) the
transfer is permitted by and has been approved in accordance with the constitutional documents of the foreign company; and (c) the laws
of the jurisdiction of the foreign company with respect to the transfer have been or will be complied with; (iii) that the foreign company
will, upon the merger or consolidation becoming effective, cease to be incorporated, registered or exist under the laws of the relevant
foreign jurisdiction; and (iv) that there is no other reason why it would be against the public interest to permit the merger or consolidation.

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The Companies Act provides for
a right of dissenting shareholders to be paid the fair value of their shares upon their dissenting to the merger or consolidation in
certain circumstances if they follow a prescribed procedure. In essence, where such rights apply, that procedure is as follows: (i) the
shareholder must give his written objection to the merger or consolidation to the constituent company before the vote on the merger or
consolidation, including a statement that the shareholder proposes to demand payment for their shares if the merger or consolidation
is authorized by the vote; (ii) within 20 days following the date on which the merger or consolidation is authorized by the shareholders,
the constituent company must give written notice to each shareholder who made a written objection; (iii) a shareholder must within 20
days following receipt of such notice from the constituent company, give the constituent company a written notice of his intention to
dissent including, among other details, a demand for payment of the fair value of their shares; (iv) within seven days following the
date of the expiration of the period set out in paragraph (ii) above or seven days following the date on which the plan of merger or
consolidation is filed, whichever is later, the constituent company, the surviving company or the consolidated company must make a written
offer to each dissenting shareholder to purchase their shares at a price that the company determines is the fair value and if the company
and the shareholder agree the price within 30 days following the date on which the offer was made, the company must pay the shareholder
such amount; and (v) if the company and the shareholder fail to agree on a price within such 30 day period, within 20 days following