Company: TACOW
Filing Date: 2025-06-12
Form Type: 10-Q
Source: 0001829126-25-004454
Chunk: 1

Company: Berto Acquisition Corp.
Filing Date: 2025-06-12
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 loss 
     -  
     -  
     -  
     (17,928) 
     (17,928)
  
    Balance - March 31, 2025 (unaudited) 
     7,503,750  
    $750  
    $174,250  
    $(756,218) 
    $(581,218)

(1)This number includes up to 978,750 ordinary shares subject
to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters.

(2)On April 29, 2025, the Company capitalized US$31.63
standing to the credit of the Company’s share premium account and issued an additional 316,250 founder shares, resulting in an
increase in the total number of ordinary shares outstanding from 7,187,500 to 7,503,750. All shares and associated amounts have been
retroactively restated to reflect the share capitalization (see Note 5).

The accompanying notes are an integral part of these unaudited condensed financial
         statements.

3

BERTO ACQUISITION CORP.

UNAUDITED CONDENSED STATEMENT OF CASH FLOWS

FOR THE THREE MONTHS ENDED MARCH 31, 2025

    Cash Flows from Operating Activities: 

    Net loss 
    $(17,928)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    General and administrative expenses paid by Sponsor under promissory note 
     1,034 
  
    Changes in operating assets and liabilities: 

    Accounts payable 
     (6,127)
  
    Net cash used in operating activities 
     (23,021)

    Net change in cash 
     (23,021)

    Cash - beginning of the period 
     34,044 
  
    Cash - end of the period 
    $11,023 

    Supplemental disclosure of noncash investing and financing activities: 

    Deferred offering costs included in accounts payable 
    $13,380 
  
    Deferred offering costs paid by related party under promissory note 
    $154,125 

The accompanying notes are an integral part of these unaudited condensed financial
         statements.

4

BERTO ACQUISITION CORP.
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS