Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 170

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 170
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 approval, we will complete our initial business combination only if the business combination is approved by an ordinary resolution under Cayman Islands law, which requires the affirmative vote of at least a majority of the votes cast by the shareholders of the issued shares present in person or represented by proxy and entitled to vote on such matter at a general meeting of the company. The decision as to whether we will seek shareholder approval of a proposed business combination or conduct a tender offer will be made by us, solely in our discretion, and will be based on a variety of factors such as the timing of the transaction and whether the terms of the transaction would require us to seek shareholder approval under applicable law or stock exchange listing requirement.

We will have until the end of
the completion window to consummate our initial business combination. If we anticipate that we may be unable to consummate our initial
business combination within the completion window, we may seek shareholder approval to amend our articles to extend the date by which
we must consummate our initial business combination. If we seek shareholder approval for an extension, holders of our public shares will
be offered an opportunity to redeem their shares at a per share price, payable in cash, equal to the aggregate amount then on deposit
in the trust account, including interest earned on the funds held in the trust account (which interest shall be net of taxes paid or
payable), divided by the number of then issued and outstanding public shares, subject to the limitations and on the conditions described
herein and applicable law. Our initial shareholders will lose their entire investment in us, except to the extent they are entitled to
receive distributions on the shares they own from assets outside the trust account, if any, upon our liquidation and winding up, if our
initial business combination is not completed within the completion window unless we extend the amount of time we have to consummate
an initial business combination by obtaining shareholder approval to amend our amended and restated memorandum and articles of association.
While we do not currently intend to seek such shareholder approval, we may elect to do so in the future. There are no limitations on
the number of extensions, including the number of times we may seek to extend. If we do not or are unable to extend the time period to
consummate our initial business combination, our sponsor’s investment in our founder shares and our private placement warrants
will be worthless.

If we are unable to complete our initial business combination within the completion window, we will as promptly as reasonably possible but not more than ten business days thereafter, subject