Company: TACOW
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001829126-25-002771
Chunk: 103

Company: Berto Acquisition Corp.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 103
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 time they can dedicate to our initial business combination, could adversely affect our ability to operate.

Our operations are dependent
upon a relatively small group of individuals and, in particular, our officers and directors and the members of our advisory board. We
believe that our success depends on the continued service of our officers, directors and members of our advisory board, at least until
we have completed our initial business combination. We do not have an employment agreement with, or key-man insurance on the life of,
any of our directors or executive officers. The unexpected loss of the services of one or more of our directors or executive officers
could have a detrimental effect on us.

We may approve an amendment or waiver of the letter agreement that would allow our sponsor to directly, or members of our sponsor to indirectly, transfer founder shares and private placement warrants or membership interests in our sponsor in a transaction in which the sponsor removes itself as our sponsor before identifying a business combination, which may deprive us of key personnel.

While there is no current
intention to do so, and the members of our management team and sponsor have not done so with any previously formed SPACs, we may approve
an amendment or waiver of the letter agreement that would allow the sponsor to directly, or members of our sponsor to indirectly, transfer
founder shares and private placement warrants or membership interests in our sponsor in a transaction in which the sponsor removes itself
as our sponsor before identifying a business combination. Additionally, subject to the consent of the manager of our sponsor (Harry You),
there is no contractual restriction on the ability of the members of the sponsor to share, sell or otherwise dispose of part or all of
the membership interests in our sponsor, including the membership interests held by Harry You, our Interim Chief Financial Officer and
the Executive Chairman of the board of directors. As a result, there is a risk that our sponsor and our officers and directors may divest
their ownership or economic interests in us or in our sponsor, which would likely result in our loss of certain key personnel, including
Harry You. Additionally, there can be no assurance that any replacement sponsor or key personnel will successfully identify a business
combination target for us, or, even if one is so identified, successfully complete such business combination.

Our ability to successfully effect our initial business combination and to be successful thereafter will be dependent upon the efforts of our key personnel, some of whom may join us following our initial business combination. The loss of key personnel could negatively impact the operations and profitability of our