Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 153

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 153
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 combination. In order to
fund working capital deficiencies or finance transaction costs in connection with an intended initial business combination, our sponsor
or an affiliate of our sponsor or certain of our officers and directors may, but are not obligated to, loan us funds as may be required.
If we complete our initial business combination, we would repay such loaned amounts. In the event that our initial business combination
does not close, we may use a portion of the working capital held outside the trust account to repay such loaned amounts but no proceeds
from our trust account would be used for such repayment. Up to $1,500,000 of such working capital loans may be convertible into warrants
of the post business combination entity at a price of $1.00 per warrant at the option of the lender. The warrants would be identical
to the private placement warrants. The terms of such loans, if any, have not been determined and no written agreements exist with respect
to such loans. Prior to the completion of our initial business combination, we do not expect to seek loans from parties other than our
sponsor or an affiliate of our sponsor as we do not believe third parties will be willing to loan such funds and provide a waiver against
any and all rights to seek access to funds in our trust account.

We expect our primary liquidity
requirements during that period to include approximately $200,000 for accounting, due diligence, travel and other expenses associated
with structuring, negotiating and documenting successful business combinations; $100,000 for legal and accounting fees related to regulatory
reporting requirements; $500,000 for the consulting fees in connection with any business combination; $85,000 for Nasdaq and other regulatory
fees; $200,000 for director and officer insurance; and approximately $345,000 for general working capital that will be used for miscellaneous
expenses and reserves (excluding administrative fees to our sponsor as discussed below). We will also pay our sponsor $15,000 per month
for office space, secretarial and administrative services provided to members of our management team subsequent to the closing of this
offering. Payment for such administrative services to our sponsor will be deferred and payable upon the closing of a business combination
and will only be paid out of funds remaining outside of Trust Account.

These amounts are estimates
and may differ materially from our actual expenses. In addition, we could use a portion of the funds not being placed in trust
to pay commitment fees for financing, fees to consultants to assist us with our search for a