Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 43

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 43
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 the closing of the initial business combination, at a price of $1.00 per warrant, or $7,750,000 in the aggregate, in a private         
 placement that will close simultaneously with the closing of this offering. Of those 7,750,000 private placement warrants, our            
 sponsor has agreed to purchase 4,000,000 private placement warrants and the underwriters have agreed to purchase 3,750,000 private        
 placement warrants. The private placement warrants will also be worthless if we do not complete our initial business combination.         
 The private placement warrants are identical to the warrants sold in this offering except that (i) the private placement warrants         
 (including the underlying shares) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders         
 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.        
 With respect to any private placement warrants held by CCM and/or their respective designees, such private placement warrants             
 will be subject to the lock-up and registration rights limitations imposed by FINRA Rule 5110 and will not be exercisable                 
 more than five (5) years from the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8).                        
 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 $250,000,000 (or $287,500,000 if the underwriters exercise their over-allotment option in full)          
 will be held in the trust account.                                                                                                        |
| Proceeds to be held                      
 in trust account                         |     | Nasdaq rules provide                                                                                                                      
 that at least 90% of the gross proceeds from this offering and the sale of the private placement warrants be deposited in a trust         
 account. Of the net proceeds we will receive from this offering and the sale of the private placement warrants described in this          
 prospectus, after deducting $5,000,000 in underwriting discounts and commissions payable upon the closing of this offering and            
 an aggregate of approximately $1,220,000 to pay fees and expenses in connection with the closing of this offering and approximately       
 $1,530,000 for working capital following the