Company: TACOW
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001829126-25-002771
Chunk: 116

Company: Berto Acquisition Corp.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 116
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 purchase price for the private placement warrants. Assuming a trading price of $10.00
per share upon consummation of our initial business combination, the 6,250,000 founder shares (assuming no exercise of the overallotment
option and the forfeiture of 937,500 founder shares) would have an aggregate implied value of $62,500,000. Assuming no additional shares
are issued upon exercise of any warrants held by the sponsor, even if the trading price of our ordinary shares were as low as $0.59 per
share, the value of the founder shares would be equal to the initial investment of the sponsor (including sponsor affiliates) in us. As
a result, our sponsor and sponsor affiliates are likely to be able to make a substantial profit on its investment in us at a time when
our public shares have lost significant value. Accordingly, our management team, which owns interests in our sponsor and includes member
directly owns founder shares, may be more willing to pursue a business combination with a riskier or less-established target business
than would be the case if our sponsor and sponsor affiliates had paid the same per share price for the founder shares as our public shareholders
paid for their public shares.

You will not be permitted to exercise your warrants unless we register and qualify the underlying ordinary shares or certain exemptions are available.

If the issuance of the ordinary
shares upon exercise of the warrants is not registered on a registration statement on Form S-1, Form S-3, Form F-1, or Form F-3, as applicable,
following our initial business combination, and qualified or exempt from registration or qualification under applicable state securities
laws, holders of warrants will not be entitled to exercise such warrants and such warrants may have no value and expire worthless. In
such event, holders who acquired their warrants as part of a purchase of units will have paid the full unit purchase price solely for
the ordinary shares included in the units.

We are registering the ordinary
shares issuable upon exercise of the warrants in the registration statement of which this prospectus forms a part because the warrants
will become exercisable 30 days after the completion of our initial business combination, which may be within one year of this offering.
However, because the warrants will be exercisable until their expiration date of up to five years after the completion of our initial
business combination, in order to comply with the requirements of Section 10(a)(3) of the Securities Act following the consummation
of our initial business combination under