Company: TACOW
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001829126-25-000836
Chunk: 316

Company: Berto Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 316
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 Company funds as
may be required (“Working Capital Loans”). If the Company completes its Initial Business
Combination, the Company would repay the Working Capital Loans. 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-14

BERTO ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

DECEMBER 31, 202