Company: TACOW
Filing Date: 2025-06-12
Form Type: 10-Q
Source: 0001829126-25-004454
Chunk: 0

Company: Berto Acquisition Corp.
Filing Date: 2025-06-12
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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BERTO ACQUISITION CORP.

CONDENSED BALANCE SHEETS

    March 31,
2025  
    December 31,
2024 

    (unaudited)   

    Assets 

    Current assets: 

    Cash 
    $11,023  
    $34,044 
  
    Total current assets 
     11,023  
     34,044 
  
    Deferred offering costs associated with proposed public offering 
     567,505  
     400,000 
  
    Total Assets 
    $578,528  
    $434,044 

    Liabilities and Shareholders’ Deficit 

    Current liabilities: 

    Accounts payable 
    $570,544  
    $563,291 
  
    Accrued expenses 
     400,000  
     400,000 
  
    Note payable - related party 
     189,202  
     34,043 
  
    Total current liabilities 
     1,159,746  
     997,334 
  
    Total Liabilities 
     1,159,746  
     997,334 

    Commitments and Contingencies 

    Shareholders’ Deficit 

    Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding 
     -  
     - 
  
    Ordinary shares, $0.0001 par value; 550,000,000 shares authorized;
    7,503,750 shares issued and outstanding (1)(2) 
     750  
     750 
  
    Additional paid-in capital 
     174,250  
     174,250 
  
    Accumulated deficit 
     (756,218) 
     (738,290)
  
    Total shareholders’ deficit 
     (581,218) 
     (563,290)
  
    Total Liabilities and Shareholders’ Deficit 
    $578,528  
    $434,044 

(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