Company: TACOW
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001829126-25-000836
Chunk: 313

Company: Berto Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 313
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 Placement

The Sponsor and the underwriter have committed to purchase an aggregate of 4,000,000 and 3,750,000 Private Placement Warrants, respectively, for a total of 7,750,000 Private Placement Warrants at a price of $1.00 per warrant in a private placement that will close simultaneously with the Proposed Public Offering. Each Private Warrant, when exercisable, entitles the holder to purchase one ordinary share at a price of $10.50 per share within the first 12 months following the closing
of an Initial Business Combination or $11.50 per share after the 12-month anniversary
of the closing of the Initial Business Combination, subject to adjustments. Each Private Placement Warrant will become exercisable 30 days after the completion of the Initial Business Combination and will expire after
five years after completion of the Initial Business Combination or earlier upon redemption or liquidation. If the Initial Business Combination is not completed within the Combination Period, the proceeds from the sale of the Private Placement Warrants held in the Trust Account
will be used to fund the redemption of the Public Shares (subject to the requirements
of applicable law).

Note 5 — Related Party Transactions

Founder Shares

On November 11, 2024, the Sponsor and its affiliates purchased $23,957 for an aggregate of 6,887,500 ordinary shares (up to 937,500 of which will be surrendered
to the Company for no consideration depending on the extent to which the underwriters’ over-allotment option is exercised) and a consultant, Meteora Capital LLC (the “Consultant” or “Meteora”) paid $1,043 for an aggregate of 300,000 ordinary shares (none of which are subject
to forfeiture in connection with the exercise of the over-allotment option). These 7,187,500 ordinary shares are referred herein as “Founder Shares”. Of these 7,187,500 Founder Shares, each of the Sponsor, Sponsor’s affiliates: Harry You and Robert You, and Meteora held 2,575,000 shares (of which 375,000 shares are subject to forfeiture if the underwriters do not exercise their over-allotment
option), 2,300,000 shares (of which 300,000 shares are subject to forfeiture if the underwriters do not exercise their over-allotment
option), 2,012,500 shares (of which 262,500 shares are subject to forfeiture if the underwriters