Company: TACOW
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001829126-25-002771
Chunk: 133

Company: Berto Acquisition Corp.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 133
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 the Excise
Tax on a redemption of our stock would depend on a number of factors, including (i) whether the redemption is treated as a repurchase
of stock for purposes of the Excise Tax, (ii) the fair market value of the redemption treated as a repurchase of stock, (iii) the structure
of our initial business combination, (iv) the nature and amount of any “PIPE” or other equity issuances (whether in connection
with our initial business combination or otherwise) issued within the same taxable year of a redemption treated as a repurchase of stock
and (v) the content of final Treasury regulations and other additional guidance from the Treasury addressing the Excise Tax. As noted
above, the Excise Tax would be payable by the repurchasing corporation, and not by the redeeming holder. If we were to become a “covered
corporation” in the future, the imposition of the Excise Tax on us as a result of redemptions by us could reduce the amount of
cash available to pay redemptions or reduce the cash available to the target business in connection with our initial business combination,
which could cause investors in our securities who do not redeem or the other shareholders of the combined company to economically bear
the impact of such Excise Tax. The proceeds placed in the trust account and the interest earned thereon shall not be used to
pay for the possible Excise Tax or any other similar fees or taxes that may be levied on the Company pursuant to any current, pending
or future rules or laws, including without limitation any excise tax due under the Inflation Reduction Act of 2022 on any redemptions
or stock buybacks by our company.

We are an emerging growth company and a smaller reporting company within the meaning of the Securities Act, and if we take advantage of certain exemptions from disclosure requirements available to emerging growth companies or smaller reporting companies, this could make our securities less attractive to investors and may make it more difficult to compare our performance with other public companies.

We are an “emerging growth
company” within the meaning of the Securities Act, as modified by the JOBS Act, and we may take advantage of certain exemptions
from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but
not limited to, not being required to comply with the auditor internal controls attestation requirements of Section 404 of the Sarbanes-Oxley
Act, reduced disclosure obligations regarding executive compensation in our