Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 121

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 121
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 issuable upon exercise of the private placement warrants
and holders of warrants that may be issued upon conversion of working capital loans may demand that we register such warrants or the
ordinary shares issuable upon conversion of such warrants. The registration rights will be exercisable with respect to the founder shares,
the private placement warrants and the ordinary shares issuable upon exercise of such private placement warrants. We will bear the cost
of registering these securities. The registration and availability of such a significant number of securities for trading in the public
market may have an adverse effect on the market price of our ordinary shares. In addition, the existence of the registration rights may
make our initial business combination more costly or difficult to conclude. This is because the shareholders of the target business may
increase the equity stake they seek in the combined entity or ask for more cash consideration to offset the negative impact on the market
price of our ordinary shares that is expected when the ordinary shares owned by our initial shareholders, holders of our private placement
warrants or holders of our working capital loans or their respective permitted transferees are registered.

We may issue additional ordinary shares or preference shares to complete our initial business combination or under an employee incentive plan after completion of our initial business combination. Any such issuances would dilute the interest of our shareholders and likely present other risks.

Our articles authorize the issuance
of up to 550,000,000 ordinary shares, par value $0.0001 per share, and 5,000,000 preference shares, par value $0.0001 per share. Immediately
after this offering, there will be 518,750,000 (assuming that the underwriters have not exercised their over-allotment option and the
forfeiture of 937,500 founder shares) authorized but unissued ordinary shares available for issuance.

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We have not selected any specific
business combination target but may target businesses with enterprise values that are greater than what we could acquire with the net
proceeds of this offering and the sale of the private placement warrants. We may need additional financing to complete our initial business
combination, or to fund the operations or growth of the target business, in the form of equity or debt financing. Although we have no
commitment as of the date of this offering, we may issue a substantial number of additional ordinary shares or preference shares to complete
our initial business combination or under an employee incentive plan after completion of our initial business combination. However, our
articles will