Company: TACOW
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001829126-25-006209
Chunk: 13

Company: Berto Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 identical instruments in active markets; 

    ●
    Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and 

    ●
    Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement. 

The
following tables set forth the fair value of the Company’s financial assets and liabilities measured at fair value on a recurring
basis as of June 30, 2025:

    Schedule of fair value on a recurring basis 

    Description 
    Quoted
    Prices in Active
 Markets (Level 1)  
    Significant
    Other Observable
 Inputs  (Level 2)  
    Significant
    Other Unobservable
 Inputs  (Level 3) 
  
    Assets: 

    Investments
    held in Trust Account - U.S. Treasury Securities (1) 
    $302,233,940  
    $        -  
    $       - 

  (1)
  Includes approximately $900 of cash balance held within
the Trust Account.

There
were no transfers between Level 1, Level 2, or Level 3 of the fair value hierarchy during the three and six months ended June 30, 2025.

There were no financial assets or liabilities measured at fair value on a recurring basis as of December 31, 2024.

Ordinary
                                                                                                                                                          Shares Subject to Possible Redemption 

As discussed in Note 1, all of the
30,015,000 Public Shares contain a redemption feature. In accordance with the FASB ASC 480-10-S99-3A, “Classification and
Measurement of Redeemable Securities”, redemption provisions not solely within the control of the Company require the security
to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of
the entity’s equity instruments, are excluded from the provisions