Company: TACOW
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001829126-25-000836
Chunk: 314

Company: Berto Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 314
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 do not exercise their over-allotment
option) and 300,000 shares, respectively.

The Sponsor and its affiliates have agreed to forfeit up to an aggregate of 937,500 Founder Shares to the extent that the over-allotment option is not exercised in full by the underwriters so that the Founder Shares will
represent 20% of the Company’s issued and outstanding shares after the Proposed Public Offering. If the Company increases or decreases the size of the offering, the Company will
effect a share dividend or share surrender, as applicable, immediately prior to the
consummation of the Proposed Public Offering in such amount as to maintain the Founder Share ownership of the Company’s shareholders prior to the Proposed Public Offering at 20% of the Company’s issued and outstanding ordinary shares upon the consummation of the Proposed Public Offering. The Sponsor will not be entitled to redemption rights with respect to any Founder
Shares and any Public Shares held by the Sponsor in connection with the completion
of the Initial Business Combination.

The Initial Shareholders have agreed not to transfer, assign or sell any of its Founder Shares until the earlier
to occur of (A) one year after the completion of the Initial Business Combination, or (B) subsequent to the Initial Business Combination, if (x) the closing price of the 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, provided such release shall not occur earlier than 150 days after the Initial Business Combination or (y) the date on which the Company completes a liquidation, merger, share exchange or other
similar transaction that results in all of the shareholders having the right to exchange
their ordinary shares for cash, securities or other property.

Registration Rights

The holders of Founder Shares, Private Placement Warrants (and their underlying securities)
and warrants that may be issued upon conversion of working capital loans (the “Working Capital Loans”) (and their underlying securities), if any, and any ordinary shares issuable upon conversion
of the Founder Shares and any ordinary shares held by the Initial Shareholders at the completion of the Proposed Public Offering or acquired prior to or in connection with the Initial Business Combination, will
be entitled to registration rights pursuant to a registration rights agreement to
be signed prior to or on the effective date of the registration statement for the
Proposed Public Offering. These holders will be entitled