Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 63

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 63
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ating to shareholders’ rights or pre-initial business combination activity, or we consummate our initial business combination
prior thereto and only then in cases where investors have sought to redeem their public shares. Only upon our redemption or any liquidation
will public shareholders be entitled to distributions if we are unable to complete our initial business combination.

We may decide not to extend the term we have to consummate our initial business combination, in which case we would redeem our public shares.

We have until the end of the
completion window to consummate our initial business combination. If we anticipate that we may be unable to consummate our initial business
combination within such period, we may seek shareholder approval to amend our articles to extend the date by which we must consummate
our initial business combination. However, we may decide not to seek to extend the date by which we must consummate our initial business
combination. If we do not seek to extend the date by which we must consummate our initial business combination, and we are unable to
consummate our initial business combination within the applicable time period, we will, as promptly as reasonably possible but not more
than ten business days thereafter, redeem the public shares for a pro rata portion of the funds held in the trust account, subject to
our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law.

If we seek shareholder approval of our initial business combination, our sponsor, initial shareholders, directors, officers, advisors or their affiliates may elect to purchase public shares or warrants from public shareholders, which may reduce the public “float” of our securities.

If we seek shareholder approval
of our initial business combination and we do not conduct redemptions in connection with our initial business combination pursuant to
the tender offer rules, our sponsor, initial shareholders, directors, officers, advisors or their affiliates may purchase public shares
or warrants in privately negotiated transactions or in the open market prior to the completion of our initial business combination, although
they are under no obligation to do so. Such a purchase may include a contractual acknowledgment that such shareholder, although still
the record holder of our shares, is no longer the beneficial owner thereof and therefore agrees not to exercise its redemption rights.

In the event that our sponsor,
initial shareholders, directors, officers, advisors or their affiliates purchase shares in privately negotiated transactions from public
shareholders who have already elected to exercise their redemption rights, such selling shareholders would be required to revoke their
prior elections to redeem their shares. It is intended