Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 39

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 39
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 prevent a redemption call unless there is at the time of the call a significant 
 premium to the public warrant exercise price. If the foregoing conditions are satisfied and we issue a notice of redemption of         
 the public warrants, each public warrant holder will be entitled to exercise his, her or its public warrant prior to the scheduled     
 redemption date. However, the price of the ordinary shares may fall below the $18.00 redemption trigger price (as adjusted for         
 adjustments to the number of shares issuable upon exercise or the exercise price of a public warrant as described under the heading    
 “— Anti-dilution Adjustments”) as well as the public warrant exercise price after the redemption notice                                
 is issued.                                                                                                                             |

| Cashless 
 exercise |     | If we call the public warrants for redemption as described above, our                                                              
 management will have the option to require all holders that wish to exercise warrants to do so on a “cashless basis.”              
 In determining whether to require all holders to exercise their warrants on a “cashless basis,” our management will consider,      
 among other factors, our cash position, the number of warrants that are outstanding and the dilutive effect on our shareholders of 
 issuing the maximum number of ordinary shares issuable upon the exercise of our warrants. In such event, each holder would pay the 
 exercise price by surrendering the warrants for that number of ordinary shares equal to the quotient obtained by dividing (x) the  
 product of the number of ordinary shares underlying the warrants, multiplied by the excess of the “fair market value”              
 of our ordinary shares (defined below) over the exercise price of the warrants by (y) the fair market value. The “fair market      
 value” will mean the average reported closing price of the ordinary shares for the 10 trading days ending on the third trading     
 day prior to the date on which the notice of redemption is sent to the holders of warrants. Please see “Description of Securities  
 — Warrants — Public Shareholders’ Warrants” for additional information.                                                            |

| Founder 
 shares  |     | In November 2024,                                                                                                                   
 our sponsor and sponsor affiliates paid $23,956.52 for an aggregate of 6,887,500 founder shares (up to 937,500 of which will        
 be surrendered to us for no consideration after the closing of this offering depending on the extent to which the underwriters’     
 over-allotment option is exercised) and a consultant paid $1,043.48 for an aggregate of 300,