Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 106

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 106
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could have a detrimental effect on us.

We may approve an amendment or waiver of the letter agreement that would allow our sponsor to directly, or members of our sponsor to indirectly, transfer founder shares and private placement warrants or membership interests in our sponsor in a transaction in which the sponsor removes itself as our sponsor before identifying a business combination, which may deprive us of key personnel.

While there is no current intention
to do so, and the members of our management team and sponsor have not done so with any previously formed special purpose acquisition
companies, we may approve an amendment or waiver of the letter agreement that would allow the sponsor to directly, or members of our
sponsor to indirectly, transfer founder shares and private placement warrants or membership interests in our sponsor in a transaction
in which the sponsor removes itself as our sponsor before identifying a business combination. Additionally, subject to the consent of
the manager of our sponsor (Harry You), there is no contractual restriction on the ability of the members of the sponsor to share, sell
or otherwise dispose of part or all of the membership interests in our sponsor, including the membership interests held by Harry You,
our Interim Chief Financial Officer and the Executive Chairman of the board of directors. As a result, there is a risk that our sponsor
and our officers and directors may divest their ownership or economic interests in us or in our sponsor, which would likely result in
our loss of certain key personnel, including Harry You. Additionally, there can be no assurance that any replacement sponsor or key personnel
will successfully identify a business combination target for us, or, even if one is so identified, successfully complete such business
combination.

Our ability to successfully effect our initial business combination and to be successful thereafter will be dependent upon the efforts of our key personnel, some of whom may join us following our initial business combination. The loss of key personnel could negatively impact the operations and profitability of our post-combination business.

Our ability
to successfully effect our initial business combination is dependent upon the efforts of our key personnel. The role of our key personnel
in the target business, however, cannot presently be ascertained. Although some of our key personnel may remain with the target business
in senior management or advisory positions following our initial business combination, it is likely that some or all of the management
of the target business will remain in place. While we intend to closely scrutinize any individuals we engage after our initial business
combination, we cannot assure you that our assessment of these individuals will prove to be correct.