Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 330

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 330
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. In the event that the
Initial Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay
the Working Capital Loans but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. If the Sponsor
makes any Working Capital Loans, up to $1.5 million of such loans may be convertible into warrants of the post business combination
entity at a price of $1.00 per warrant at the option of the lender. The warrants and their underlying securities would be identical
to the Private Placement Warrants. As of December 31, 2024, the Company had no borrowings under the Working Capital Loans.

Note 6 — Commitments and Contingencies

Underwriting Agreement

The Company granted the underwriter a 45-day
option to purchase up to 3,750,000 additional Units to cover over-allotments at the Initial Public Offering price, less the underwriting
discounts and commissions.

The underwriter will be entitled to (1) an
upfront underwriting fee of $0.20 per unit, for an aggregate amount of $5.0 million (irrespective of the size of the Proposed Public
Offering or exercise of the overallotment option) payable upon the closing of the Proposed Public Offering and (2) a deferred underwriting
fee of $0.40 per unit, for an aggregate amount of $10.0 million (or up to $11.5 million if the over-allotment option is exercised
in full). The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event
that the Company completes a Business Combination, subject to the terms of the underwriting agreement and will be based on the
amount of funds remaining in the Trust Account after shareholder redemptions of public shares in connection with the consummation
of a Business Combination, less funds sourced by Initial Shareholders, or any cash remaining in the trust pursuant to structured
agreements such as forward purchase agreements, non-redemption agreements, any agreements or arrangements alike, or any other incentivization
provided to the shareholders to not to redeem.

<div align='center'>F-15

BERTO ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

DECEMBER 31, 2024</div>

The underwriter (and/or its designees) have also
committed to purchase 3,750,000 Private Placement W