Company: TACOW
Filing Date: 2025-04-09
Form Type: S-1/A
Source: 0001829126-25-002484
Chunk: 236

Company: Berto Acquisition Corp.
Filing Date: 2025-04-09
Form: S-1/A
Chunk 236
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 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,
subject to adjustment as described in this prospectus. Pursuant to the warrant agreement, a warrant holder may exercise its warrants
only for a whole number of the company’s ordinary shares. This means only a whole warrant may be exercised at any given time by
a warrant holder. For example, if a warrant holder holds one-half of one warrant to purchase an ordinary share, such warrant will not
be exercisable. If a warrant holder holds two-halves of one warrant, such whole warrant will be exercisable for one ordinary share at
the applicable exercise price. The ordinary shares and warrants comprising the units are expected to begin separate trading on the 52nd
day following the date of this prospectus unless CCM and Needham inform us of their decision to allow earlier separate trading, subject
to our having filed the Current Report on Form 8-K described below and having issued a press release announcing when such separate trading
will begin. Once the ordinary shares and warrants commence separate trading, holders will have the option to continue to hold units or
separate their units into the component securities. Holders will need to have their brokers contact our transfer agent in order to separate
the units into ordinary shares and warrants. No fractional warrants will be issued upon separation of the units and only whole warrants
will trade. Accordingly, unless you purchase at least two units, you will not be able to receive or trade a whole warrant.

Ordinary Shares

Prior to the date of this prospectus,
there were 7,187,500 ordinary shares outstanding, all of which were held of record by our initial shareholders, so that our initial shareholders
will own 20% of our issued and outstanding shares after this offering (assuming our initial shareholders do not purchase any units in
this offering and not including the ordinary shares underlying the private placement warrants).

Up to 937,500 of the founder
shares will be forfeited by our sponsor and sponsor affiliates, depending on the extent to which the underwriters’ over-allotment
option is exercised. Upon the closing of this offering, 31,250,000 of our ordinary shares will be outstanding (assuming no exercise of
the underwriters’ over-allotment option and the corresponding forfeiture of 937,500 founder shares by our sponsor and sponsor affiliates)
including:

| ● | 25,000,000 public shares underlying units