Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 5

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 5
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 each exercisable 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, at a price of $1.00 per warrant, for an aggregate purchase price of $7,750,000, in a private placement that will
close simultaneously with the closing of this offering. The private placement warrants are identical to the warrants sold in this offering,
subject to certain limited exceptions as described in this prospectus. Of the 7,750,000 private placement warrants, our sponsor has agreed
to purchase 4,000,000 private placement warrants and the underwriters have agreed to purchase 3,750,000 private placement warrants.

In November 2024, our sponsor
and sponsor affiliates (as defined below) paid $23,956.52 for an aggregate of 6,887,500 ordinary shares (up to 937,500 of which will
be surrendered to us for no consideration after the closing of this offering depending on the extent to which the underwriters’
over-allotment option is exercised) and a consultant (not affiliated with the sponsor) paid $1,043.48 for an aggregate of 300,000 ordinary
shares (none of which are subject to forfeiture in connection with the exercise of the over-allotment option), for a total of 7,187,500
ordinary shares issued for an aggregate purchase price of $25,000, or approximately $0.003 per share. The “sponsor affiliates”
include Harry You, who acts as our Interim Chief Financial Officer and the Executive Chairman of our board of directors and the managing
member of the Sponsor, and Robert You, adult son of Harry You and the Vice President of Corporate Development of the company. Both Messrs.
You directly own membership interests in our sponsor. Out of the total 6,887,500 founder shares held by our sponsor and sponsor affiliates,
the sponsor, Harry You and Robert You each directly holds 2,575,000, 2,300,000 and 2,012,500 founder shares, respectively, each purchased
at approximately $0.003 per share.

Because our sponsor, sponsor
affiliates and a consultant each acquired the founder shares at a nominal price (approximately $0.003 per share), our public shareholders
will incur an immediate and material dilution upon the closing