Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 331

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 331
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 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 underwriters 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 underwriters will be entitled to (1)
an upfront underwriting fee of an aggregate amount of $1,350,000 (irrespective of the size of the Proposed
Public Offering or exercise of the overallotment option) payable upon the closing of the Proposed Public Offering, (2) an aggregate of 3,750,000 warrants issued to the underwriter or their designees (the “Underwriter Warrants”) upon the
closing of the Proposed Public Offering, and (3) a deferred
underwriting fee of $0.39 per unit, for an aggregate amount of $9,750,000 (or up to $11,212,500 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.

The Underwriter Warrants will be identical to
the Public Warrants and Private Placement Warrants.

<div align='center'>F-15

BERTO ACQUISITION CORP.

NOTES TO FINANCIAL