Company: TACOW
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001829126-25-000836
Chunk: 144

Company: Berto Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 144
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 target and we have not, nor
has anyone on our behalf, initiated any substantive discussions, directly or indirectly,
with any business combination target. We intend to effectuate our initial business
combination using cash from the proceeds of this offering and the private placement
of the private warrants, the proceeds of the sale of our securities in connection
with our initial business combination, if any, our shares, debt or a combination of
cash, stock and debt.

The issuance of additional ordinary shares or preferred shares in a business combination:

| ● | may significantly dilute the equity interest of investors in this offering; |

| ● | may subordinate the rights of holders of ordinary shares if preferred shares are issued 
 with rights senior to those afforded our ordinary shares;                               |

| ● | could cause a change of control if a substantial number of our ordinary shares is issued, which may affect, among other things, our ability 
 to use our net operating loss carry forwards, if any, and could result in the resignation or removal of our present officers and directors; |

| ● | may have the effect of delaying or preventing a change of control of us by diluting 
 the share ownership or voting rights of a person seeking to obtain control of us;   
 and                                                                                 |

| ● | may adversely affect prevailing market prices for our units, ordinary shares and/or 
 warrants.                                                                           |

Similarly, if we issue debt securities, it could result in:

| ● | default and foreclosure on our assets if our operating revenues after an initial business 
 combination are insufficient to repay our debt obligations;                               |

| ● | acceleration of our obligations to repay the indebtedness even if we make all principal    
 and interest payments when due if we breach certain covenants that require the maintenance 
 of certain financial ratios or reserves without a waiver or renegotiation of that          
 covenant;                                                                                  |

| ● | our immediate payment of all principal and accrued interest, if any, if the debt security 
 is payable on demand;                                                                     |

| ● | our inability to obtain necessary additional financing if the debt security contains 
 covenants restricting our ability to obtain such financing while the debt security   
 is outstanding;                                                                      |

| ● | our inability to pay dividends on our ordinary shares; |

| ● | using a substantial portion of our cash flow to pay principal and interest on our   
 debt, which will reduce the funds available for dividends on our ordinary shares if 
 declared, expenses, capital expenditures, acquisitions and other general corporate  
 purposes;                                                                           |

| ● | limitations on our flexibility in planning for