Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 239

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 239
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 for claims of creditors and the requirements
of other applicable law. Our initial shareholders have entered into agreements with us, pursuant to which they have agreed to waive their
rights to liquidating distributions from the trust account with respect to their founder shares if we fail to complete our initial business
combination within the completion window, although they will be entitled to liquidating distributions from assets outside the trust account.
However, if our initial shareholders or management team acquire public shares in or after this offering, they will be entitled to liquidating
distributions from the trust account with respect to such public shares if we fail to complete our initial business combination within
the prescribed time period.

In the event of a
liquidation, dissolution or winding up of the company after a business combination, our shareholders are entitled to share ratably
in all assets remaining available for distribution to them after payment of liabilities and after provision is made for each class
of shares, if any, having preference over the ordinary shares. Our shareholders have no preemptive or other subscription rights.
There are no sinking fund provisions applicable to the ordinary shares, except that we will provide our public shareholders
(excluding our sponsor, sponsor affiliates, directors and officers to the extent they acquire public shares) with the opportunity to
redeem their public shares for cash at a per share price equal to the aggregate amount then on deposit in the trust account,
including interest earned on the funds held in the trust account (which interest shall be net of taxes paid or payable), divided by
the number of then issued and outstanding public shares, in connection with the completion of our initial business combination,
subject to the limitations and on the conditions described herein.

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Founder Shares

The founder shares are, except
as described below, identical to the public shares included in the units being sold in this offering, and holders of founder shares have
the same shareholder rights as public shareholders, except that (i) the founder shares are subject to certain transfer restrictions,
as described in more detail below, (ii) the founder shares are entitled to registration rights; and (iii) our sponsor, sponsor affiliates,
officers and directors, and the consultant who owns founder shares have entered into a letter agreement with us, pursuant to which they
have agreed to (A) waive their redemption rights with respect to the founder shares they hold and the public shares held by the sponsor,
sponsor affiliates, officers and directors in connection with the completion of our initial business combination, (B) waive their redemption