Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 25

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 25
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 approval, we may elect to do so in the future. There are no limitations on
the number of extensions, including the number of times we may seek to extend. If we do not or are unable to extend the time period to
consummate our initial business combination, our sponsor’s investment in our founder shares and our private placement warrants
will be worthless.

If we are unable to complete
our initial business combination within the completion window, we will as promptly as reasonably possible but not more than ten business
days thereafter, subject to lawfully available funds, redeem 100% of the public shares at a per share price, payable in cash, equal to
the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account (which interest
shall be net of taxes paid or payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then issued
and outstanding public shares, subject to applicable law and certain conditions as further described herein. We expect the pro rata redemption
price to be approximately $10.00 per public share (regardless of whether or not the underwriters exercise their over-allotment option),
without taking into account any interest or other income earned on such funds. However, we cannot assure you that we will in fact be
able to distribute such amounts as a result of claims of creditors, which may take priority over the claims of our public shareholders.

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Nasdaq rules require that
we must complete one or more business combinations having an aggregate fair market value of at least 80% of the value of the trust account
(excluding any deferred underwriters fees and taxes payable on the income earned on the trust account) at the time of the agreement to
enter into the initial business combination. Our board of directors will make the determination as to the fair market value of our initial
business combination. If our board of directors is not able to independently determine the fair market value of our initial business
combination (including with the assistance of financial advisors), we will obtain an opinion from an independent investment banking firm
which is a member of the Financial Industry Regulatory Authority (“FINRA”) or an independent valuation or appraisal firm
that regularly provides fairness opinions solely with respect to the satisfaction of such criteria. While we consider it likely that
our board will be able to make such independent determination of fair market value, it may be unable to do so if the board is less familiar
or experienced