Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 78

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 78
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2a-7 under the Investment Company Act. U.S. government treasury obligations
are considered “securities” for purposes of the Investment Company Act, while cash is not. As noted above, one of the factors
the SEC identified as relevant to the determination of whether a SPAC which holds securities could potentially be deemed an “investment
company” under the Investment Company Act is the SPAC’s duration. To mitigate the risk of us being deemed to be an unregistered
investment company (including under the subjective test of Section 3(a)(1)(A) of the Investment Company Act) and thus subject to
regulation under the Investment Company Act, we may, at any time, instruct Continental Stock Transfer & Trust Company, the trustee
with respect to the trust account, to liquidate the U.S. government treasury obligations or money market funds held in the trust account
and thereafter to hold all funds in the trust account in cash until the earlier of consummation of our initial business combination or
liquidation of the company. Following such liquidation, the rate of interest we receive on the funds held in the trust account may be
materially decreased. As a result, any decision to liquidate the securities held in the trust account and thereafter to hold all funds
in the trust account in cash would reduce the dollar amount our public shareholders would receive upon any redemption or liquidation
of the company.

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Changes in laws or regulations or in how such laws or regulations are interpreted or applied, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial business combination, and results of operations.

We are subject to rules and
regulations enacted by various national, regional and local governing bodies, including for example, the SEC, and to new and evolving
regulatory measures under applicable law. Compliance with, and monitoring of, applicable laws and regulations may be difficult, time
consuming and costly and our efforts to comply with such new and evolving laws and regulations have resulted in and are likely to continue
to result in, increased general and administrative expenses and a diversion of management time and attention. Those laws and regulations
and their interpretation and application may also change from time to time and those changes could have a material adverse effect on
our business, investments and results of operations. In addition, a failure to comply with applicable laws or regulations, as interpreted
and applied, could have a material adverse effect on our