Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 92

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 92
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 certain
foreign investors to make mandatory filings, to charge filing fees related to such filings, and to self-initiate national security reviews
of foreign direct and indirect investments in U.S. companies if the parties to that investment choose not to file voluntarily. In the
case that CFIUS determines an investment to be a threat to national security, CFIUS has the power to unwind or place restrictions on
the investment. Whether CFIUS has jurisdiction to review an acquisition or investment transaction depends on — among other factors
— the nature and structure of the transaction, including the level of beneficial ownership interest and the nature of any information
or governance rights involved. For example, investments that result in “control” of a U.S. business by a foreign person always
are subject to CFIUS jurisdiction. CFIUS’s expanded jurisdiction under the Foreign Investment Risk Review Modernization Act of
2018 and implementing regulations that became effective on February 13, 2020 further includes investments that do not result in
control of a U.S. business by a foreign person but afford certain foreign investors certain information or governance rights in a U.S.
business that has a nexus to “critical technologies,” “critical infrastructure” and/or “sensitive personal
data.”

Our sponsor will own approximately
20.0% of our issued and outstanding ordinary shares following this offering. Our sponsor is exclusively “controlled” for
CFIUS purposes by Mr. You, who is a U.S. citizen, and thus we do not believe that our sponsor is a “foreign person”
as defined in the CFIUS regulations. However, it is possible that non-U.S. persons could be involved in our initial business combination
(e.g., as existing shareholders of a target company or as PIPE investors), which may increase the risk that our initial business combination
becomes subject to regulatory review, including review by CFIUS. As such, an initial business combination with a U.S. business or foreign
business with U.S. subsidiaries that we may wish to pursue may be subject to CFIUS review. If a particular proposed initial business
combination with a U.S. business falls within CFIUS’s jurisdiction, we may determine that we are required to make a mandatory filing
or that we will submit to CFIUS review on a voluntary basis, or to proceed with the transaction without submitting to CFIUS and risk
CFIUS intervention, before or after closing the transaction. CFIUS may decide to block or delay our proposed initial business