Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 171

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 171
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 to lawfully available funds, redeem 100% of the public shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account (which interest shall be net of taxes paid or payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then issued and outstanding public shares, subject to applicable law and certain conditions as further described herein. We expect the pro rata redemption price to be approximately $10.00 per public share (regardless of whether or not the underwriters exercise their over-allotment option), without taking into account any interest or other income earned on such funds. However, we cannot assure you that we will in fact be able to distribute such amounts as a result of claims of creditors, which may take priority over the claims of our public shareholders.

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Nasdaq rules require that we
must complete one or more business combinations having an aggregate fair market value of at least 80% of the value of the trust account
(excluding any deferred underwriters fees and taxes payable on the income earned on the trust account) at the time of the agreement to
enter into the initial business combination. Our board of directors will make the determination as to the fair market value of our initial
business combination. If our board of directors is not able to independently determine the fair market value of our initial business
combination (including with the assistance of financial advisors), we will obtain an opinion from an independent investment banking firm
which is a member of FINRA or an independent valuation or appraisal firm that regularly provides fairness opinions solely with respect
to the satisfaction of such criteria. While we consider it likely that our board will be able to make such independent determination
of fair market value, it may be unable to do so if the board is less familiar or experienced with the target company’s business,
there is a significant amount of uncertainty as to the value of the company’s assets or prospects, including if such company is
at an early stage of development, operations or growth, or if the anticipated transaction involves a complex financial analysis or other
specialized skills and the board determines that outside expertise would be helpful or necessary in conducting such analysis. Additionally,
pursuant to Nasdaq rules, any initial business combination must be approved by a majority of our independent directors.

We anticipate structuring our
initial business combination so that the post-transaction company in which our