Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 146

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 146
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 potential initial business combination target as consideration or issuable by the post-business combination company (for example, under an incentive plan or employee share purchase plan), no ordinary shares or convertible equity, equity-linked or debt securities are issued in connection with additional financing that we may seek in connection with our initial business combination, and no working capital loans are converted into private placement shares. The issuance of additional ordinary or preference shares may significantly dilute the equity interest of investors in this offering.

At December 31, 2024,
our net tangible book deficit was $($963,290), or approximately $(0.13) per ordinary share. The following table illustrates what the
Adjusted NTBVPS at December 31, 2024 would have been to the public shareholders on a pro forma basis to give effect to this offering
and the issuance of the private placement warrants, assuming no exercise of the over-allotment option and exercise of the over-allotment
option in full:

|                                                                                                  |     | No Redemptions    
 No Over-Allotment |       |   |     | Full Over-Allotment |       |   |     | 25% of              
 Maximum Redemptions 
 No Over-Allotment   |       |   |     | Full Over-Allotment |       |   |     | 50% of              
 Maximum Redemptions 
 No Over-Allotment   |       |   |     | Full Over-Allotment |       |   |     | 75% of              
 Maximum Redemptions 
 No Over-Allotment   |       |   |     | Full Over-Allotment |       |   |     | Maximum           
 Redemptions       
 No Over-Allotment |       |   |     | Full Over-Allotment |       |   |
|:-------------------------------------------------------------------------------------------------|:----|:------------------|------:|:--|:----|:--------------------|------:|:--|:----|:--------------------|------:|:--|:----|:--------------------|------:|:--|:----|:--------------------|------:|:--|:----|:--------------------|------:|:--|:----|:--------------------|------:|:--|:----|:--------------------|------:|:--|:----|:------------------|------:|:--|:----|:--------------------|------:|:--|
| Public                                                                                           
 offering price                                                                                   |     | $