Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 142

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 142
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a-7 under the Investment
Company Act which invest only in direct U.S. government treasury obligations; the holding of these assets in this form is intended to
be temporary and for the sole purpose of facilitating the intended business combination and, may at any time be held as cash or cash
items, including in demand deposit accounts at a bank. We will disclose in each quarterly and annual report filed with the SEC prior
to our initial business combination whether the proceeds deposited in the trust account are invested in U.S. government treasury obligations
or money market funds or a combination thereof or as cash or cash items, including in demand deposit accounts. We estimate that the interest
earned on the trust account will be approximately $10,000,000 per year, assuming an interest rate of 4.00% per year; however, we can
provide no assurances regarding this amount.

<div align='center'>96</div>

We expect that the interest earned
on the trust account will be sufficient to pay income taxes, if any. We will not be permitted to withdraw any of the principal or interest
held in the trust account, except for up to $100,000 to pay dissolution expenses, as applicable, until the earliest of (i) the completion
of our initial business combination, (ii) the redemption of our public shares if we are unable to complete our initial business combination
within the completion window, subject to applicable law, and (iii) the redemption of our public shares properly submitted in connection
with a shareholder vote to approve an amendment to our articles not for the purpose of approving, or in conjunction with the consummation
of, an initial business combination (A) to modify the substance or timing of our obligation to allow redemption in connection with our
initial business combination or to redeem 100% of our public shares if we have not consummated our initial business combination within
the completion window or (B) with respect to any other material provisions relating to the rights of holders of our ordinary shares or
pre-initial business combination activity.

The net proceeds released to
us from the trust account upon the closing of our initial business combination may be used as consideration to pay the sellers of a target
business with which we ultimately complete our initial business combination. If our initial business combination is paid for using equity
or debt securities, or not all of the funds released from the trust account are used for payment of the consideration in connection with
our initial business combination, we may apply the balance of the cash released following the