Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 232

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 232
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 two completed fiscal years in the aggregate
over the duration of the transaction (without regard to profit or loss); and (iii) in which a “related party” had, has or
will have a direct or indirect material interest. “Related parties” under this policy will include: (i) our directors, nominees
for director or officers; (ii) any record or beneficial owner of more than 5% of any class of our voting securities; (iii) any immediate
family member of any of the foregoing if the foregoing person is a natural person; and (iv) any other person who maybe a “related
person” pursuant to Item 404 of Regulation S-K under the Exchange Act. Pursuant to the policy, the audit committee will consider
(i) the relevant facts and circumstances of each related party transaction, including if the transaction is on terms comparable to those
that could be obtained in arm’s-length dealings with an unrelated third party, (ii) the extent of the related party’s interest
in the transaction, (iii) whether the transaction contravenes our Code of Ethics or other policies, (iv) whether the audit committee
believes the relationship underlying the transaction to be in the best interests of the company and its shareholders and (v) the effect
that the transaction may have on a director’s status as an independent member of the board and on his or her eligibility to serve
on the board’s committees. Management will present to the audit committee each proposed related party transaction, including all
relevant facts and circumstances relating thereto. Under the policy, we may consummate related party transactions only if our audit committee
approves or ratifies the transaction in accordance with the guidelines set forth in the policy. The policy will not permit any director
or executive officer to participate in the discussion of, or decision concerning, a related person transaction in which he or she is
the related party.

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DESCRIPTION OF SECURITIES</div>

We are a Cayman Islands exempted
company and our affairs are governed by our articles, the Companies Act and the common law of the Cayman Islands. Pursuant to our articles
which will be adopted prior to the consummation of this offering, we will be authorized to issue 550,000,000 ordinary shares, $0.0001
par value each, including 550,000,000 ordinary shares, as well as 5,000,000 preference shares, $0.0001 par value each.