Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 75

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 75
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 claims
of our shareholders. To the extent any bankruptcy claims deplete the trust account, the per-share amount that would otherwise be received
by our shareholders in connection with our liquidation may be reduced.

If we are deemed to be an investment company under the Investment Company Act, we may be required to institute burdensome compliance requirements and our activities may be restricted, which may make it difficult for us to complete our initial business combination or force us to abandon our efforts to complete an initial business combination.

If we are deemed to be an investment
company under the Investment Company Act, our activities may be restricted, including:

| ● | restrictions on the nature of our investments; and |

| ● | restrictions on the issuance of securities, each of which                  
 may make it difficult for us to complete our initial business combination. |

In addition, we may have imposed
upon us burdensome requirements, including:

| ● | registration as an investment company with the SEC; |

| ● | adoption of a specific form of corporate structure; and |

| ● | reporting, record keeping, voting, proxy and disclosure requirements 
 and other rules and regulations that we are not subject to.          |

In order not to be regulated
as an investment company under the Investment Company Act, unless it can qualify for an exclusion, a company must ensure that it is engaged
primarily in a business other than investing, reinvesting or trading of securities and that its activities do not include investing,
reinvesting, owning, holding or trading “investment securities” constituting more than 40% of its assets (exclusive of U.S.
government securities and cash items) on an unconsolidated basis. Our business will be to identify and complete a business combination
and thereafter to operate the post-transaction business or assets for the long term. We do not intend to spend a considerable amount
of time actively managing the assets in the trust account for the primary purpose of achieving investment returns. We do not plan to
buy businesses or assets with a view to resale or profit from their resale. We do not plan to buy unrelated businesses or assets or to
be a passive investor.

We do not believe that our
anticipated principal activities will subject us to the Investment Company Act. To this end, the proceeds held in the trust account will
only be held as cash or invested in United States “government securities” within the meaning of Section 2 (a) (16) of
the Investment Company Act having a maturity of 185 days or less or in money