Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 179

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 179
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                                                                                                                            |     | Berto                   
 Acquisition Sponsor LLC 
 Harry L. You            
 Robert                  
 You                     
 Meteora                 
 Capital, LLC            |     | CCM and Needham, as                                                                                                                         
 the representatives of the underwriters in this offering, in their sole discretion may release any of the securities subject to these       
 lock-up agreements at any time with prior written consent. Our initial shareholders, officers and directors are also subject to separate    
 transfer restrictions on their founder shares and private placement warrants pursuant to the letter agreements described in the immediately 
 preceding paragraphs.                                                                                                                       |

Up to 937,500 of the founder
shares will be surrendered by our sponsor to us for no consideration depending on the extent to which the underwriter’ over-allotment
option is exercised. In addition, although there are no current plans to do so, in order to facilitate our initial business combination
or a PIPE financing or for any other reason determined by our sponsor in its sole discretion, our sponsor may surrender or forfeit, transfer
or exchange our founder shares, private placement warrants (other than founder shares indirectly owned by the non-managing sponsor investors)
or any of our other securities, including for no consideration, as well as subject any such securities to earn-outs or other restrictions,
or otherwise amend the terms of any such securities or enter into any other arrangements with respect to any such securities.

The securities held by the sponsor are expected to only be distributed directly to the members of the sponsor in connection with or following the consummation of our initial business combination, provided that such members agree to become subject to the applicable transfer restrictions with respect to such securities. Indirect transfers of the securities held by the sponsor, such as to another member of the sponsor or their affiliate or a new member of the sponsor, may be permitted with the consent of Harry You, the managing member of our sponsor, so long as such transfer complies with the applicable transfer restrictions with respect to such securities.

Additionally, our initial business combination may be subject to regulatory review and approval requirements, including foreign investment regulations and review by government entities such as CFIUS. Our initial shareholders, including our sponsor, will own approximately 20% of our issued and outstanding shares following this offering. Our sponsor is exclusively “controlled” for CFIUS purposes by Harry You, who is a U.S. citizen, and thus we do not believe our sponsor is a “foreign person” as defined in the CFIUS regulations. However, it is possible that non-U.S. persons could be