Company: TACOW
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001829126-25-002771
Chunk: 228

Company: Berto Acquisition Corp.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 228
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 placement warrants (including if the
underwriters’ over-allotment option is exercised in full), each exercisable to purchase one ordinary share at a price of
$10.50 per share within the first 12 months following the closing of an initial business combination or $11.50 per share after the
12-month anniversary of the closing of the initial business combination, for an aggregate purchase price of $3,500,000 or $1.00 per
warrant, in a private placement that will occur simultaneously with the closing of this offering. The private placement warrants are
identical to the warrants sold as part of the units in this offering except that, (i) they (including the ordinary shares issuable
upon exercise of these warrants) may not, subject to certain limited exceptions, be transferred, assigned or sold by our sponsor
until 30 days after the completion of our initial business combination; (ii) they (including the underlying shares) will be entitled
to registration rights; (iii) they will not be redeemable by us; and (iv) they may be exercised by the holders on a cashless basis.
A portion of the purchase price of the private placement warrants will be added to the proceeds from this offering to be held in the
trust account such that at the time of closing of this offering $250,000,000 (or $287,500,000 if the underwriters exercise their
over-allotment option in full) will be held in the trust account. The private placement warrants are subject to the transfer
restrictions described below.

Our sponsor is deemed to be our
“promoter”, as such term is defined under the federal securities laws.

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Transfers of Founder Shares and Private Placement Warrants

The founder shares, private placement
warrants and any ordinary shares issued upon exercise thereof are each subject to transfer restrictions pursuant to lock-up provisions
in a letter agreement entered into by our initial shareholders and management team. Those lock-up provisions provide that such securities
are not transferable or salable (i) in the case of the founder shares, until the earlier of (A) one year after the completion of our
initial business combination or (B) subsequent to our initial business combination, (x) if the last sale price of our ordinary shares
equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for
any 20 trading