Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 141

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 141
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 liquidation, we will cease paying these monthly fees. Payment for such administrative services will be deferred and payable upon the closing of a Business Combination and will only be paid out of funds remaining outside of Trust Account.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

Nasdaq rules provide that
at least 90% of the gross proceeds from this offering and the sale of the private placement warrants be deposited in a trust account.
Of the net proceeds we will receive from this offering and the sale of the private placement warrants described in this prospectus, $250,000,000,
or $287,500,000 if the underwriters’ over-allotment option is exercised in full ($10.00 per unit in either case), will be deposited
into a segregated trust account located in the United States at Morgan Stanley with Continental Stock Transfer & Trust Company acting
as trustee, after deducting $1,350,000 in underwriting discounts and commissions payable upon the closing of this offering and an aggregate
of approximately $720,000 to pay fees and expenses in connection with the closing of this offering and for working capital following
the closing of this offering. The proceeds held in the trust account will be held as cash or invested only in U.S. government treasury
obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment
Company Act which invest only in direct U.S. government treasury obligations; the holding of these assets in this form is intended to
be temporary and for the sole purpose of facilitating the intended business combination and, may at any time be held as cash or cash
items, including in demand deposit accounts at a bank. We will disclose in each quarterly and annual report filed with the SEC prior
to our initial business combination whether the proceeds deposited in the trust account are invested in U.S. government treasury obligations
or money market funds or a combination thereof or as cash or cash items, including in demand deposit accounts. Assuming that the proceeds
held in the trust account are only invested in such money market funds at a current interest rate of [●]% per year, we estimate
the interest earned on the trust account will be approximately $[●] per year; however, we can provide no assurances regarding this
amount.

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We expect that the interest earned
on the trust account will be sufficient to pay income taxes, if any. We will not be permitted to withdraw any of the principal or interest