Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 21

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 21
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 Rush Street
Interactive, Inc. (“Rush Street”), an online casino and sports wagering company, in December 2020, which transaction
valued Rush Street at approximately $1.78 billion. There was no vote held to extend the date by which dMY must consummate a business
combination because it consummated its initial business combination within 24 months of its initial public offering. In connection with
the special meeting of stockholders of dMY I to approve the business combination with Rush Street, holders of 485 shares of dMY I Class
A common stock sold in its initial public offering, or less than 0.01% of the outstanding public shares, exercised their right to redeem
those shares for cash at a price of approximately $10.03 per share, or $4,866.97 in the aggregate. dMY I and Rush Street raised a PIPE
in the amount of $160.4 million in connection with the business combination. Following the business combination, Mr. You served
as a director of Rush Street from December 2020 to June 2022. Rush Street’s Class A common stock is traded on the New
York Stock Exchange under the symbol “RSI”. On April 4, 2025, the closing sale price of RSI was $10.22. As of April 4, 2025,
the aggregate market capitalization of Rush Street reflects a market value of approximately $2.31 billion.

GTY Technology Holding Inc./GI Partners

In August 2016, Mr. You
founded GTY Technology Holdings, Inc., a blank check company formed for substantially similar purposes as our company. Mr. You served
as chief financial officer of GTY from September 2016 to August 2019 and president from September 2016 to February 2019.
GTY completed its initial public offering in October 2016, in which it raised aggregate proceeds of approximately $552,000,000.
GTY completed its initial business combination in February 2019 with six companies in the software as a service and cloud software
industry, including Bonfire Interactive Ltd., CityBase, Inc., eCivis, Inc., Open Counter Enterprises Inc., Questica Inc. and Questica
USCDN Inc. and Sherpa Government Solutions LLC. The pro forma enterprise value of the transaction was approximately $560 million. In
October 2018, in connection with a stockholder meeting to approve an extension of the deadline date for GT