Company: TACOW
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001829126-25-002771
Chunk: 252

Company: Berto Acquisition Corp.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 252
---
 shares issuable on exercise of each warrant) but only with respect to the amount of the aggregate cash dividends
or cash distributions equal to or less than $0.50 per share.

If the number of outstanding
ordinary shares is decreased by a consolidation, combination, reverse share split or reclassification of ordinary shares or other similar
event, then, on the effective date of such consolidation, combination, reverse share split, reclassification or similar event, the number
of ordinary shares issuable on exercise of each warrant will be decreased in proportion to such decrease in outstanding ordinary shares.

Whenever the number of ordinary
shares purchasable upon the exercise of the warrants is adjusted, as described above, the warrant exercise price will be adjusted by
multiplying the warrant exercise price immediately prior to such adjustment by a fraction (x) the numerator of which will be the number
of ordinary shares purchasable upon the exercise of the warrants immediately prior to such adjustment, and (y) the denominator of which
will be the number of ordinary shares so purchasable immediately thereafter.

In addition, if (x) we issue
additional ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of our initial business
combination at a Newly Issued Price of less than $9.20 per ordinary share (with the Newly Issued Price to be determined in good faith
by our board of directors and, in the case of any such issuance to our initial shareholders or their affiliates, without taking into
account any founder shares held by our initial shareholders or such affiliates, as applicable, prior to such issuance) (y) the aggregate
gross proceeds from such issuances represent more than 60% of the total equity proceeds (including from such issuances and this offering),
and interest thereon, available for the funding of our initial business combination on the date of our consummation of our initial business
combination (net of redemptions), and (z) the volume weighted average trading price of our ordinary shares during the 20 trading-day
period starting on the trading day after the day on which we consummate our initial business combination (such price, the Market Value)
is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher
of the Market Value and the Newly Issued Price, and the last sales price of the ordinary shares that triggers the Company’s right
to redeem the warrants described under “— Redemption of public