Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 6

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 6
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,500 founder shares, respectively, each purchased
at approximately $0.003 per share.

Because our sponsor, sponsor
affiliates and a consultant each acquired the founder shares at a nominal price (approximately $0.003 per share), our public shareholders
will incur an immediate and material dilution upon the closing of this offering. Our public shareholders may experience additional dilution
if we increase the size of the offering pursuant to Rule 462(b) under the Securities Act and effect with our sponsor a share dividend
or other appropriate mechanism, as applicable, with respect to our ordinary shares immediately prior to the consummation of the offering
in such amount as to maintain the ownership of founder shares by our initial shareholders at 20% of our issued and outstanding ordinary
shares upon the consummation of this offering. See the section titled “ Risk Factors — The nominal purchase price paid by our sponsor, sponsor affiliates and a consultant for the founder shares and the anti-dilution adjustment we intend to make with respect to the founder shares if the size of this offering is increased may result in significant dilution to the implied value of your public shares upon the consummation of our initial business combination, and the value of the founder shares following completion of our initial business combination is likely to be substantially higher than the nominal price paid for them, even if the trading price of our ordinary shares at such time is substantially less than $10.00 per share.” We will also pay an affiliate of our sponsor for office
space and administrative services provided to members of our management team in an amount equal to $15,000 per month. Our sponsor may
loan us up to $300,000 under an unsecured, non-interest bearing promissory note for offering-related and organizational expenses. The
loan is due at the earlier of June 30, 2025 or the closing of this offering and is anticipated to be repaid upon completion of this
offering. Our sponsor or an affiliate of our sponsor or certain of our officers and directors may loan us funds to finance transaction
costs in connection with an intended initial business combination. Such loans may be convertible into private placement warrants of the
post-business combination entity at a price of $1.00 per warrant at the option of the lender. The issuance of shares upon the exercise
of such warrants may result in material dilution to our public shareholders. See the section titled “ Summary — Our Sponsor” for more information regarding, among other things, the amount of compensation and securities received or