Company: TACOW
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001829126-25-000836
Chunk: 282

Company: Berto Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 282
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 limited to, founder shares), warrants or any
securities convertible into, or exercisable, or exchangeable for, ordinary shares owned by it, him or her, whether any such
transaction is to be settled by delivery of such securities, in cash or otherwise, or (iii) publicly announce any intention to
effect any transaction specified in clause (i) or (ii), subject to certain exceptions; provided, however, that we may (1) issue and
sell the private placement warrants, (2) issue and sell the additional units to cover our underwriters’ over-allotment option
(if any), or (3) issue securities in connection with a business combination, including any forward purchase shares. Our sponsor,
officers and directors are also subject to separate transfer restrictions on their founder shares and private placement warrants
pursuant to the letter agreement described herein.

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Our initial shareholders have agreed to the lock-up provisions that such securities are not transferable or salable (i) in the case of the founder shares, until the earlier of: (A) one year after the completion of our initial business combination or (B) subsequent to our initial business combination, (x) if the last sale price of our ordinary shares equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 120 days after our initial business combination, or (y) the date on which we complete a liquidation, merger, share exchange, reorganization or other similar transaction that results in all of our shareholders having the right to exchange their ordinary shares for cash, securities or other property, and (ii) in the case of the private placement warrants and the respective ordinary shares underlying such warrants, until 30 days after the completion of our initial business combination, in each case subject to certain exceptions or except with respect to certain permitted transferees as described herein under the section of this prospectus entitled “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private Placement Warrants”.

The underwriters (and/or their designees) have also committed to purchase from us 3,750,000 private placement warrants at $1.00 per warrant for an aggregate purchase price of $3,750,000. The private placement warrants (including the underlying ordinary shares) will not be transferable, assignable or saleable until 30