Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 243

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 243
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 of preference
shares. Accordingly, our board of directors will be able to, without shareholder approval, issue preference shares with voting and other
rights that could adversely affect the voting power and other rights of the holders of the ordinary shares and could have anti-takeover
effects. The ability of our board of directors to issue preference shares without shareholder approval could have the effect of delaying,
deferring or preventing a change of control of us or the removal of existing management. We have no preference shares outstanding at
the date hereof. Although we do not currently intend to issue preference shares, we cannot assure you that we will not do so in the future.
No preference shares are being issued or registered in this offering.

Warrants

Public Shareholders’ Warrants

Each whole warrant, when exercisable,
entitles the registered holder to purchase one ordinary share at a price of $10.50 per share within the first 12 months following the
closing of an initial business combination or $11.50 per share after the 12-month anniversary of the closing of the initial business
combination, subject to adjustment as discussed below, at any time commencing 30 days after the completion of our initial business combination,
provided thatwe have an effective registration statement under the Securities Act covering the ordinary shares issuable upon
exercise of the warrants and a current prospectus relating to them is available (or we permit holders to exercise their warrants on a
cashless basis under the circumstances specified in the warrant agreement) and such shares are registered, qualified or exempt from registration
under the securities, or blue sky, laws of the state of residence of the holder. Pursuant to the warrant agreement, a warrant holder
may exercise its warrants only for a whole number of ordinary shares. This means only a whole warrant may be exercised at a given time
by a warrant holder. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Accordingly,
unless you purchase at least two units, you will not be able to receive or trade a whole warrant. The warrants will expire five years
after the completion of our initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.

We will not be obligated to deliver
any ordinary shares pursuant to the exercise of a warrant and will have no obligation to settle such warrant exercise unless a registration
statement under the Securities Act with respect to the ordinary shares underlying the warrants is then effective and a prospectus relating
thereto is current