Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 175

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 175
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 officers or directors. In the event we seek to complete an initial business combination with a target that is an affiliate (as defined in our articles) of our sponsor, officers or directors, we, or a committee of independent directors, would obtain an opinion from an independent investment banking firm which is a member of FINRA or an independent entity that commonly renders valuation opinions stating that the consideration to be paid by us in such an initial business combination is fair to our company and its shareholders from a financial point of view. We are not required to obtain such an opinion in any other context.

Members of our management
team will directly or indirectly own founder shares and/or private placement warrants following this offering and, accordingly, may have
a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial
business combination. The low price that our sponsor, sponsor affiliates, officers and directors (directly or indirectly) paid for the
founder shares creates an incentive whereby our officers and directors could potentially make a substantial profit even if we select
an acquisition target that subsequently declines in value and is unprofitable for public shareholders. In addition to their investments
(directly or indirectly) in the founder shares and private placement warrants, our sponsor, officers, directors and/or their affiliates
may make loans or advances to us for working capital from time to time. If we are unable to complete our initial business combination
within the completion window, our sponsor, officers and directors may lose their entire investment in us, except to the extent they are
entitled to receive distributions on the founder shares from assets outside the trust account or liquidating distributions from the trust
account with respect to any public shares they may acquire, if any, upon our liquidation and winding up, which could create an incentive
for our sponsor, officers and directors to complete a transaction even if we select an acquisition target that subsequently declines
in value and is unprofitable for public shareholders. Further, each of our officers and directors may have a conflict of interest with
respect to evaluating a particular business combination if the retention or resignation of any such officers and directors were to be
included by a target business as a condition to any agreement with respect to our initial business combination. Additionally, each of
our officers and directors presently has, and any of them in the future may have additional, fiduciary or contractual obligations to
another entity pursuant to which such officer or director is or will be required to present a business combination opportunity to such
entity