Company: TACOW
Filing Date: 2025-06-12
Form Type: 10-Q
Source: 0001829126-25-004454
Chunk: 66

Company: Berto Acquisition Corp.
Filing Date: 2025-06-12
Form: 10-Q
Item: Part II, Item 1
Chunk 66
---
 exercised until 30 days after the completion of our Initial Business Combination. Each Private Placement is exercisable to purchase
      one Ordinary Share at a price of $10.50 per share within the first 12 months following the closing of an Initial Business Combination
      or $11.50 per share after the 12-month anniversary of the closing of the Initial Business Combination.

The
      sales of the above securities by the Company were exempt from registration in reliance on Section 4(a)(2) of the Securities
      Act as transactions by an issuer not involving a public offering.

Use
      of Proceeds

We
      incurred transaction costs amounting to approximately $17.8 million, consisting of an aggregate amount of approximately $1.5 million
      of upfront underwriting fee, an approximately $11.7 million of deferred underwriting fees, and approximately $4.6 million of other
      offering costs.

Following
      the closing of the Initial Public Offering, of the net proceeds received from the consummation of the initial public offering and
      simultaneous private placement, $300,150,000 ($10.00 per unit sold in the public offering) was placed in a U.S.-based trust account
      maintained by Continental Stock Transfer & Trust Company, acting as trustee.

There
      has been no material change in the planned use of proceeds from the Initial Public Offering and Sponsor Private Placement as is
      described in the Company’s final prospectus for its Initial Public Offering

Item
      3. Defaults Upon Senior Securities

None.

Item
      4. Mine Safety Disclosures

Not
      applicable.

Item
      5. Other Information

None.

26

Item 6.
      Exhibits

The
      following exhibits are filed as part of, or incorporated by reference into, this Quarterly Report on Form 10-Q.

            Exhibit
            Number
             
            Description

            31.1*
             
            Certification of Principal Executive Officer and Principal Financial and Accounting Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes Oxley Act of 2002.

            32.1**
             
            Certification of Principal Executive Officer and Principal Financial and Accounting Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act