Company: TACOW
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001829126-25-002771
Chunk: 86

Company: Berto Acquisition Corp.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 86
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 easier for us, therefore, to amend our articles to facilitate the completion of an initial business combination that some of our shareholders may not support.

Our articles will provide
that any of its provisions related to pre-business combination activity (including the requirement to deposit proceeds of this offering
and the private placement of warrants into the trust account and not release such amounts except in specified circumstances, and to provide
redemption rights to public shareholders as described herein) and corresponding provisions of the trust agreement governing the release
of funds from our trust account may be amended if approved by special resolution, under Cayman Islands law passed by the affirmative
vote of at least two-thirds of our ordinary shares which are represented in person or represented by proxy and are voted at a general
meeting of the company. Our initial shareholders, who will collectively beneficially own 20% of our ordinary shares upon the closing
of this offering (assuming they do not purchase any units in this offering), will participate in any vote to amend our articles and/or
trust agreement and will have the discretion to vote in any manner they choose. As a result, we may be able to amend the provisions of
our articles which govern our pre-business combination behavior more easily than some other SPACs, and this may increase our ability
to complete a business combination with which you do not agree. Our shareholders may pursue remedies against us for any breach of our
articles.

Our sponsor, officers, directors
and director nominees have agreed, pursuant to a written agreement with us, that they will not propose any amendment to our articles otherwise
than for the purpose of approving, or in conjunction with the consummation of, an initial business combination (A) to modify the substance
or timing of our obligation to allow redemption in connection with our initial business combination or to redeem 100% of our public shares
if we do not complete our initial business combination within the completion window or (B) with respect to any other material provisions
relating to the rights of holders of our public shares or pre-initial business combination activity, unless we provide our public shareholders
(excluding our sponsor, sponsor affiliates, directors and officers to the extent they acquire public shares) with the opportunity to redeem
their public shares upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit
in the trust account, including interest earned on the funds held in the trust account (which interest shall be net of taxes paid or payable),
divided by the number of then issued