Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 239

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 239
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 or other subscription rights. There are no sinking fund provisions
applicable to the ordinary shares, except that we will provide our public shareholders with the opportunity to redeem their public shares
for cash at a per share price 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), divided by the number of then issued and outstanding
public shares, in connection with the completion of our initial business combination, subject to the limitations and on the conditions
described herein.

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Founder Shares

The founder shares are, except
as described below, identical to the public shares included in the units being sold in this offering, and holders of founder shares have
the same shareholder rights as public shareholders, except that (i) the founder shares are subject to certain transfer restrictions,
as described in more detail below, (ii) the founder shares are entitled to registration rights; and (iii) our sponsor, sponsor affiliates,
officers and directors, and the consultant who owns founder shares have entered into a letter agreement with us, pursuant to which they
have agreed to (A) waive their redemption rights with respect to the founder shares they hold and the public shares held by the sponsor,
sponsor affiliates, officers and directors in connection with the completion of our initial business combination, (B) waive their redemption
rights with respect to the founder shares they hold and the public shares held by the sponsor, sponsor affiliates, officers and directors
in connection with a shareholder vote to approve an amendment to our articles (A) to modify the substance or timing of our obligation
to allow redemption in connection with our initial business combination or to redeem 100% of our public shares if we have not consummated
an initial business combination within the completion window or (B) with respect to any other material provisions relating to the rights
of holders of our ordinary shares or pre-initial business combination activity, (C) waive their rights to liquidating distributions from
the trust account with respect to their founder shares if we fail to complete our initial business combination within the completion
window, although they will be entitled to liquidating distributions from the trust account and to liquidating distributions from assets
outside the trust account with respect to any public shares they hold if we fail to complete our initial business combination within
such time period and (D) vote any founder shares held by them and any public shares purchased by the sponsor, sponsor affiliates