Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 84

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 84
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 our business and in the industry in which we operate; |

| ● | increased vulnerability to adverse changes in general economic,                       
 industry and competitive conditions and adverse changes in government regulation; and |

| ● | limitations on our ability to borrow additional amounts for                                                                                   
 expenses, capital expenditures, acquisitions, debt service requirements, execution of our strategy and other purposes and other disadvantages 
 compared to our competitors who have less debt.                                                                                               |

The post-business combination company may issue shares to investors in connection with our initial business combination at a price which is less than $10.00 or the prevailing market price of our shares at that time, which could dilute the interests of our existing shareholders and add costs.

In connection with our initial
business combination, the post-business combination company may issue shares to investors in private placement transactions (so-called
PIPE transactions) in order to complete an initial business combination and provide sufficient liquidity and capital to the post-business
combination entity. The price of the shares so issued in connection with an initial business combination may be less, and potentially
significantly less, than $10.00 per share or the market price for our shares at such time. Any such issuances of equity securities at
a price that is less than $10.00 or the prevailing market price of our shares at that time could be structured to ensure a return on
investment to the investors and could dilute the interests of our existing shareholders in a manner that would not ordinarily occur in
a traditional initial public offering and could result in both a reduction in the trading price of our shares to the price at which the
post-business combination company issues such equity securities and fluctuations in the net tangible book value per share of the combined
company’s securities following the completion of our initial business combination. The post-business combination company may also
provide price protection or other incentives, or issue convertible securities such as preferred equity or convertible debt, and the exercise
or conversion price of those securities may be fixed or adjustable, and may be less, and potentially significantly less, than $10.00
per share or the market price for our shares at such time. Such issuances could also result in additional transaction costs related to
our initial business combination compared to a traditional initial public offering, including the placement fees associated with the
engagement of a placement agent in connection with PIPE transactions.

We may only be able to complete one business combination with the proceeds of this offering and the sale of the private placement warrants, which will cause us to be solely dependent on a single business