Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 240

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 240
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rights with respect to the founder shares they hold and the public shares held by the sponsor, sponsor affiliates, officers and directors
in connection with a shareholder vote to approve an amendment to our articles (A) to modify the substance or timing of our obligation
to allow redemption in connection with our initial business combination or to redeem 100% of our public shares if we have not consummated
an initial business combination within the completion window or (B) with respect to any other material provisions relating to the rights
of holders of our ordinary shares or pre-initial business combination activity, (C) waive their rights to liquidating distributions from
the trust account with respect to their founder shares if we fail to complete our initial business combination within the completion
window, although they will be entitled to liquidating distributions from the trust account and to liquidating distributions from assets
outside the trust account with respect to any public shares they hold if we fail to complete our initial business combination within
such time period and (D) vote any founder shares held by them and any public shares purchased by the sponsor, sponsor affiliates, officers
and directors during or after this offering (including in open market and privately-negotiated transactions) in favor of our initial
business combination.

With certain limited exceptions,
the founder shares are not transferable, assignable or salable (except to our officers and directors and other persons or entities affiliated
with our sponsor, each of whom will be subject to the same transfer restrictions) until the earlier to occur of (i) one year after the
completion of our initial business combination or (ii) the date on which we complete a liquidation, merger, share exchange or other similar
transaction after our initial business combination that results in all of our shareholders having the right to exchange their ordinary
shares for cash, securities or other property; except to certain permitted transferees and under certain circumstances as described herein
under “Principal Shareholders — Transfers of Founder Shares and Private Placement Warrants.” Any permitted transferees
will be subject to the same restrictions and other agreements of our initial shareholders with respect to any founder shares. We refer
to such transfer restrictions throughout this prospectus as the lock-up.

Notwithstanding the foregoing,
if (1) the closing price of our ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations,
reorganizations, recapitalizations and the like) for any 20 trading days within any 30 trading-day period commencing at least