Company: TACOW
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001829126-25-006209
Chunk: 2

Company: Berto Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
,290
    )
  
    Net loss

    -

    -

    -

    (17,928
    )

    (17,928
    )
  
    Balance - March 31, 2025 (unaudited)

    7,503,750

    750

    174,250

    (756,218
    )

    (581,218
    )
  
    Issuance of Private Placement Warrants to Sponsor

    -

    -

    3,500,000

    -

    3,500,000

    Issuance of Underwriter Warrants

    -

    -

    3,750,000

    -

    3,750,000

    Fair value of warrants included in the Units sold in the Initial Public Offering

    -

    -

    2,161,080

    -

    2,161,080

    Offering costs associated with issuance of warrants as part of the Units in the Initial Public Offering

    -

    -

    (129,228
    )

    -

    (129,228
    )
  
    Accretion of ordinary shares subject to possible redemption

    -

    -

    (9,456,102
    )

    (12,419,981
    )

    (21,876,083
    )
  
    Net income

    -

    -

    -

    1,861,377

    1,861,377

    Balance - June 30, 2025 (unaudited)

    7,503,750

    $
    750

    $
    -

    $
    (11,314,822
    )
     
    $
    (11,314,072
    )

The accompanying notes are an integral part of these unaudited condensed financial statements.

3

BERTO ACQUISITION CORP.

UNAUDITED CONDENSED STATEMENT OF CASH FLOWS

    For The Six Months Ended

    June 30, 2025

    Cash Flows from Operating Activities:

    Net income
     
    $
    1,843,449

    Adjustments to reconcile net income to net cash provided by operating activities:

    General and administrative expenses paid by related party under promissory note

    2,006

    Investment income from investments held in Trust Account

    (2,083,940
    )
  
    Changes in operating assets and liabilities:

    Prepaid