Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 252

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 252
---
 of our initial business combination (except, among
other limited exceptions as described under “Principal Shareholders — Transfers of Founder Shares and Private Placement Warrants,” to our officers and directors and other persons or entities affiliated with the initial purchasers of the private
placement warrants) and they will be entitled to registration rights. The private placement warrants will not be redeemable by us and
they may be exercised by the holders on a cashless basis.

In order to fund working capital
deficiencies or finance transaction costs in connection with an intended initial business combination, our sponsor or an affiliate of
our sponsor or certain of our officers and directors may, but are not obligated to, loan us funds as may be required. Up to $1,500,000
of such working capital 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. Such warrants would be identical to the private placement warrants.

Dividends

We have not paid any cash dividends
on our ordinary shares to date and do not intend to pay cash dividends prior to the completion of our initial business combination even
if we have substantial assets outside the trust account. The payment of cash dividends following the completion of our initial business
combination will be within the discretion of our board of directors at such time and will be dependent upon our revenues and earnings,
if any, capital requirements and general financial condition subsequent to completion of our initial business combination. There is no
certainty that we will be in a position to, or decide to, pay cash dividends after completing our initial business combination. If we
increase or decrease the size of this offering, pursuant to Rule 462(b) under the Securities Act, we will effect a share capitalization
or other appropriate mechanism immediately prior to the consummation of the offering in such amount as to maintain the number of founder
shares at 20% of our issued and outstanding ordinary shares upon the consummation of this offering. Further, if we incur any indebtedness
in connection with our initial business combination, our ability to declare dividends following the completion of our initial business
combination may be limited by restrictive covenants we may agree to in connection therewith.

Our Transfer Agent and Warrant Agent

The transfer agent for our ordinary
shares and warrant agent for our warrants is Continental Stock Transfer & Trust Company. We have agreed to indemnify Continental
Stock Transfer & Trust Company in its roles as transfer agent and warrant agent, its agents and each of