Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 144

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 144
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 members of our management team. Upon completion of our initial business combination or our liquidation,
we will cease paying these monthly fees.

Prior to the closing of this
offering, our sponsor has agreed to loan us up to $300,000 to be used for offering related and organizational expenses of this offering.
These loans are non-interest bearing, unsecured and are due at the earlier of June 30, 2025 or the closing of this offering. The
loan will be repaid upon the closing of this offering out of the $1,220,000 of offering proceeds that has been allocated to the payment
of offering expenses other than underwriting commissions. In the event that offering expenses are less than set forth in this table,
any such amounts will be used for post-closing working capital expenses.

In addition, in order to finance
transaction costs in connection with an intended initial business combination, our sponsor or an affiliate of our sponsor or certain
of our officers and directors may, but are not obligated to, loan us funds as may be required. If we complete our initial business combination,
we would repay such loaned amounts.

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In the event that our initial
business combination does not close, we may use a portion of the working capital held outside the trust account to repay such loaned
amounts but no proceeds from our trust account would be used to repay such loaned amounts. Up to $1,500,000 of such loans may be convertible
into private placement warrants at a price of $1.00 per warrant, at the option of the lender. The warrants would be identical to the
private placement warrants, including as to exercisability and exercise price. Except as set forth above, the terms of such loans, if
any, have not been determined and no written agreements exist with respect to such loans. Prior to the completion of our initial business
combination, we do not expect to seek loans from parties other than our sponsor or an affiliate of our sponsor as we do not believe third
parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our trust account.

We have until the end of the
completion window to consummate our initial business combination. If we anticipate that we may be unable to consummate our initial business
combination within such 24-month period, we may seek shareholder approval to amend our articles to extend the date by which we must consummate
our initial business combination.