Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 4

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 4
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 properly submitted
in connection with a shareholder vote to amend our amended and restated memorandum and articles of association (“articles”)
not for the purpose of approving, or in conjunction with the consummation of, an initial business combination (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 including any extension of the
completion window. The proceeds placed in the trust account and the interest earned thereon are not intended to be used to pay for the
possible excise tax or any other similar fees or taxes that may be levied on the Company pursuant to any current, pending or future rules
or laws, including without limitation any excise tax due under the Inflation Reduction Act of 2022 on any redemptions or stock buybacks
by our company. As further described in this prospectus, our articles provide that a public shareholder, together with any affiliate
or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of
the Exchange Act of 1934, as amended), will be restricted from redeeming its public shares with respect to more than an aggregate of
15% of the public shares sold in this offering, without our prior consent. Each public shareholder may elect to redeem their public shares
irrespective of whether they vote for or against an initial business combination, or whether they do not vote or abstain from voting
on the initial business combination, and regardless of whether they hold public shares on the record date established in connection with
our initial business combination. If we are unable to complete our initial business combination within the completion window, we will
as promptly as reasonably possible but not more than ten business days thereafter, subject to lawfully available funds, redeem 100% of
the public shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including
interest earned thereon (which interest shall be net of taxes paid or payable and up to $100,000 to pay dissolution expenses), divided
by the number of then issued and outstanding public shares, which redemption will constitute full and complete payment for the public
shares and completely extinguish public shareholders