Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 22

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 22
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 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 March 20, 2025, the closing sale price of RSI was $10.93. As of March 20,
2025, the aggregate market capitalization of Rush Street reflects a market value of approximately $2.49 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 GTY to complete an initial
business combination, GTY’s public stockholders holding 34,011,538 shares of GTY common stock out of a total of 55,200,000 shares
of GTY common stock (approximately 65% of the then outstanding GTY common stock) validly elected to redeem their shares, and, after giving
effect to such redemptions, the balance left in GTY’s trust account was approximately $216.8 million. In February 2019, in
connection with the stockholders meeting to approve GTY’s initial business combination, holders of 11,073,040 shares of GTY common
stock (which, together with the shares redeemed in connection with the extension, totals