Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 333

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 333
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 divided into three classes, each of which will generally serve for a term of three
years with only one class of directors being appointed in each year. There is no cumulative voting with respect to the appointment
of directors, with the result that the holders of more than 50% of the shares voted for the appointment of directors can appoint
all of the directors. Our shareholders are entitled to receive ratable dividends when, as and if declared by the board of directors
out of funds legally available therefor.

<div align='center'>F-16

BERTO ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

DECEMBER 31, 2024</div>

Warrants

As of December 31, 2024, there were
no Public Warrants, Private Placement Warrants or Underwriter Warrants (together, the “Warrants”) outstanding. Public Warrants
may only be exercised for a whole number of shares. No fractional Public Warrants will be issued upon separation of the units and only
whole Public Warrants will trade.

The Warrants have an exercise 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 (the “exercise price”), provided that the Company has
an effective registration statement under the Securities Act covering the ordinary shares issuable upon exercise of the Warrants
and a current prospectus relating to them is available (or the Company permits holders to exercise their Warrants on a cashless
basis and such cashless exercise is exempt from registration under the Securities Act). The Company will agree that as soon as
practicable, but in no event later than 20 business days after the closing of the initial Business Combination, the Company will
use its commercially reasonable efforts to file with the SEC have an effective registration statement covering the ordinary shares
issuable upon exercise of the warrants and to maintain a current prospectus relating to those ordinary shares until the warrants
expire or are redeemed. If a registration statement covering the ordinary shares issuable upon exercise of the warrants is not
effective by the 60th business day after the closing of the initial Business Combination, warrant holders may, until such time
as there is an effective registration statement and during any period when the Company will have failed to maintain an effective
registration statement, exercise warrants on a “cashless basis” in accordance with Section