Company: TACOW
Filing Date: 2025-06-12
Form Type: 10-Q
Source: 0001829126-25-004454
Chunk: 65

Company: Berto Acquisition Corp.
Filing Date: 2025-06-12
Form: 10-Q
Item: Part II, Item 1
Chunk 65
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 other potential trade policy changes. As a result, we may deem it costly, impractical
      or risky to complete an Initial Business Combination with a particular target or with a target in a particular industry or from
      a particular country. Consequently, the pool of potential target companies may be reduced, which could impair our ability to identify
      a suitable target and to complete an Initial Business Combination. The business prospects of a particular target for an Initial
      Business Combination could change even after we enter into a business combination agreement, as a result of tariffs or the threat
      of tariffs that may have a material impact on that target’s business. Accordingly, changes in trade and tariff policies could
      prevent or make it difficult or more expensive for us to complete an Initial Business Combination. Tariffs and threats of tariffs
      and other potential trade policy changes could also lead to material adverse effects on a post-business combination company.

25

Item
      2. Unregistered Sales of Equity Securities and Use of Proceeds

Unregistered
      Sales

On
      May 1, 2025, we consummated our Initial Public Offering of 30,015,000 Units at $10.00 per Unit, including the issuance of
      3,915,000 Units as a result of the underwriters’ full exercise of their over-allotment option, generating gross proceeds
      to the Company of $300,150,000. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, and Needham &
      Company, LLC acted as representatives of the underwriters. The securities sold in the offering were registered under the Securities
      Act on registration statement on Form S-1 (No. 333- 286835). The SEC declared the registration statement effective on April 29,
      2025.

Simultaneously
      with the consummation of the Initial Public Offering, on May 1, 2025, we consummated the private sale of an aggregate of 3,500,000
      Sponsor Private Placement Warrants to the Sponsor at a purchase price of $1.00 per warrant, generating gross proceeds of $3,500,000.
      Additionally, on May 1, 2025, simultaneously with the closing, the Company issued an aggregate of 3,750,000 Underwriter Private
      Placement Warrants to designees of the Representatives as part of the compensation for underwriting services. The Warrants cannot
      be