Company: TACOW
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001829126-25-002771
Chunk: 122

Company: Berto Acquisition Corp.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 122
---
 purposes in connection with the closing of our initial business combination
at a Newly Issued Price of less than $9.20 per ordinary share (with the Newly Issued Price to be determined in good faith by our board
of directors and, in the case of any such issuance to our initial shareholders or their affiliates, without taking into account any founder
shares held by our initial shareholders or such affiliates, as applicable, prior to such issuance), (ii) the aggregate gross proceeds
from such issuances represent more than 60% of the total equity proceeds (including from such issuances and this offering), and interest
thereon, available for the funding of our initial business combination (net of redemptions), and (iii) the Market Value of our ordinary
shares is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of
the higher of the Market Value and the Newly Issued Price, and the last sales price of the ordinary shares that triggers the Company’s
right to redeem the warrants described below under “Description of Securities — Warrants — Public Warrants — Redemption of public warrants for cash” will be adjusted (to the nearest cent) to be equal to 180%
of the higher of the Market Value and the Newly Issued Price. This may make it more difficult for us to consummate an initial business
combination with a target business.

We may redeem your unexpired public warrants prior to their exercise at a time that is disadvantageous to you, thereby making your warrants worthless.

We have the ability to redeem
all of the outstanding public warrants at any time after they become exercisable and prior to their expiration, at a price of $0.01 per
warrant, provided that the closing price of our ordinary shares equals or exceeds $18.00 per share (as adjusted for share splits,
share capitalizations, reorganizations, recapitalizations and the like and for certain issuances of ordinary shares and equity- linked
securities for capital raising purposes in connection with the closing of our initial business combination as described elsewhere in
this prospectus) for any 20 trading days within a 30 trading-day period ending on the third trading day prior to proper notice of such
redemption. We will not redeem the public warrants unless an effective registration statement under the Securities Act covering issuance
of the ordinary shares issuable upon exercise of the public warrants is effective and a current prospectus relating to those ordinary