Company: TACOW
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001829126-25-000836
Chunk: 116

Company: Berto Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 116
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 business combination.

If (i) we issue additional ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of our initial business combination at a Newly Issued Price of less than $9.20 per ordinary share, (ii) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of our initial business combination (net of redemptions), and (iii) the Market Value of our ordinary shares is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described below under “Description of Securities — Warrants — Public Warrants — Redemption of public warrants for cash” will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price. This may make it more difficult for us to consummate an initial business combination with a target business.

We may redeem your unexpired public warrants prior to their exercise at a time that is disadvantageous to you, thereby making your warrants worthless.

We have the ability to redeem all of the outstanding public warrants
at any time after they become exercisable and prior to their expiration, at a price of $0.01 per warrant, provided that the closing
price of our ordinary shares equals or exceeds $18.00 per share (as adjusted for share splits, share capitalizations, reorganizations,
recapitalizations and the like and for certain issuances of ordinary shares and equity- linked securities for capital raising purposes
in connection with the closing of our initial business combination as described elsewhere in this prospectus) for any 20 trading days
within a 30 trading-day period ending on the third trading day prior to proper notice of such redemption provided that on the date
we give notice of redemption. We will not redeem the public warrants unless an effective registration statement under the Securities Act
covering issuance of the ordinary shares issuable upon exercise of the public warrants is effective and a current prospectus relating
to those ordinary shares is available throughout the 30-day measurement period, except if the public warrants may be exercised on a cashless
basis and such cashless exercise is exempt from registration under the Securities Act. If and when the public warrants become redeemable
by us, we may not exercise our